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How to benefit from the UK's green shoots of recovery

The UK economy is expected to have gathered pace.

Second quarter GDP will be released on Thursday and it is predicted to show an increase of 0.6 percent – or better.

That would be the first back to back quarterly growth since mid 2011 and the fastest rate of growth since the Olympics gave the economy a boost in mid 2012.

The UK business minister Michael Fallon says "I think it is clear now that the economy is beginning to recover and that's important."

But while it will give the new Bank of England governor  - Mark Carney - food for thought, will it get the economy up to what he describes as “escape velocity”?

Saxo Bank’s Nick Beecroft tells Sara Walker people will be revising their economic forecast up for the year, but not enough to warrant more monetary accommodation.

He says to benefit from these green shoots of recovery; sell interest rate futures that mature late 2015 or early 2016.

01:30 minutes
Tags: autoplay, bank of england, economic, economy, gdp, gilts, growth, interest rate futures, mark carney, michael fallon, nick beecroft, recovery, saxo bank, saxo tv, tradingfloor.com, uk

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