6 hours ago
The Bank of England has become more optimistic that the UK's poor productivity performance may at last be improving - as it signals no urgent need for interest rates to rise.
The UK government borrowed £107.7bn in the financial year to April 2014, lower than the amount it borrowed the previous year.
The number of people out of work in the UK has fallen by 77,000 to a five year low of 2.24 million in the three months to February, official figures indicate.
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