Osborne: UK economy is turning a corner

The BBC reports Osborne will make a speech in London stating there are "tentative signs of a balanced, broad based and sustainable recovery". He is, however, expected to stress that it is still in the early stages and "plenty of risks" remain. The report said the Chancellor will say that recent months had "decisively ended" questions about his economic policy. Revised gross domestic product figures showed the UK economy grew by 0.7% in the second quarter, with predictions it could reach 1% for the third quarter. And last week the OECD economic agency sharply increased its growth foreca...