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By David Milliken and William Schomberg LONDON (Reuters) - British economic growth got back on track in the second quarter but the strength of the pound hurt manufacturers, putting the Bank of England in a tricky spot as it gets closer to raising interest rates. The economy grew by 0.7 percent in the three months to June, the Office for National Statistics said on Tuesday, in line with forecasts and above the long-run average. "Sterling strength has clearly been a key driver behind the re-emergence of the two-speed economy, making life more difficult for export-focused UK manufacturers," Investec economist Victoria Clarke said.
Britain will seek more transparency from foreign firms investing in the property market in a bid to stop ill-gotten funds being laundered in the sector, Prime Minister David Cameron said Tuesday. "There is no place for dirty money in Britain," Cameron said in a speech during a visit to Singapore as part of a whistle-stop tour of Southeast Asian. "Indeed, there should be no place for dirty money elsewhere.