Britain and the United States will grow faster than any of their partners in the G7 group of rich nations this year, Chancellor of the Exchequer Gordon Brown said on Sunday. "Britain and north America will be the two fastest-growing economies this year of the G7 industrial countries," Brown told BBC Television. He compared the performance of Britain and the United States favourably with counterparts in continental Europe. "We've got a recession in Italy, we've got low growth in Germany, we've got a downturn in France," Brown said. "Britain is continuing to grow".
In his March budget, the finance minister forecast the British economy would grow by 3.0 to 3.5 percent this year, a rate many analysts think will be tough to reach.
Brown backed his numbers. "If you look at what has happened in the last week alone, inflation has come in lower than target, employment is seen to be rising again, retail sales were higher than people expected," he said.
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