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George Osborne, the Chancellor of the Exchequer, said that the British economy was ‘turning a corner’, with ‘tentative signs of a balanced, broad based and sustainable recovery’. Unemployment fell to 7.7 per cent for the quarter May to July from 7.8 in the previous quarter. Jaguar Land Rover is to create 1,700 jobs at Solihull, where it is planning production of aluminium chassis.
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