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The UK economy grew by 0.3 per cent in the first quarter of this year, official figures from the Office for National Statistics have confirmed.

Inflation in the UK fell to 2.4 per cent in April after lower than expected fuel prices, figures from the Office for National Statistics have shown.

HM Revenue and Customs (HMRC) is to miss its target to reduce tax credit error and fraud by £5 billion, a report by the Public Accounts Committee (PAC) has said.

Scotland can 'more than afford to be a successful independent country', Scotland's First Minister Alex Salmond has said.

Retailers experienced a one per cent increase in footfall in April, when compared on a like-for-like basis with April 2012, according to the latest figures from the British Retail Consortium.

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