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Tories and Labour focus on economy as campaigning heats up

The key players in the General Election battle are focusing on business today with David Cameron pledging to create two million new jobs over the next five years if the Conservatives win power on May 7.

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Osborne buoyed by stronger economic figures

The UK economy grew by 0.6% in the fourth quarter, revised up from a previous estimate of 0.5%, official figures released today show.

The economy grew by 2.8% during 2014, up 0.2% from a previous estimate, the Office for National Statistics said.

The economy grew by 2.8% during 2014, ONS figures show. Credit: Owen Humphreys/PA Wire

GDP was previously estimated to have increased by 2.6% in 2014.

The Chancellor hailed the ONS figures as a "hat trick of good news".

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