City’s growth 
to be average towards 2013

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ECONOMIC growth in Milton Keynes is set to be only average in the rest of the year and 2013, according to new report.

Advisory services firm PwC, in Midsummer Boulevard, Central Milton Keynes, says in its Economic Outlook that London and the South East are set to lead the UK economy with the new city and the South Midlands region set to achieve average growth of 0.8 per cent in 2012 and 2013.

Mike Robinson, senior partner at PwC in Milton Keynes, said: “In line with the UK as a whole, the outlook for Milton Keynes region remains cloudy but with scope for improvement – overall we can look forward to at least moderate average growth in 2012 and 2013.However, risks from further storms in the Eurozone need to be taken into consideration and businesses should make appropriate contingency plans for this.”