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Tiny growth conceals key sectors’ downturn

A MINUSCULE growth in Britain’s economy was revealed yesterday, but output in key sectors continued to decline.

Office for National Statistics (ONS) figures showed GDP growing at a rate of 0.7 per cent.

However, the TUC highlighted a 0.3 per cent drop in manufacturing.

TUC general secretary Frances O’Grady said: “The government’s economic plan is not delivering what was promised.

“We were told there would be a march of the makers, but instead manufacturing continues to decline. And while there is a desperate need for affordable homes, construction output remains in the doldrums.”

Ms O’Grady called for “a new plan for productivity and growth” that delivers across the whole economy, a plan with stronger investment in infrastructure, innovation and skills.

But she warned that the cuts planned by Chancellor George Osborne will damage demand and run the risk of reducing future growth.

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