By Ruth Sunderland and Tim Shipman PUBLISHED: 21:55 EST, 22 December 2013 | UPDATED: 09:51 EST, 27 December 2013 Britain will be the fastest growing economy of any major European nation next year, experts predict. In a boost for Chancellor George Osborne, leading accountancy firm PwC said the UK economy is likely to grow by 2-3percent, outstripping Eurozone rivals. But in a sign of coalition tensions over the recovery, Lib Dem Business Secretary Vince Cable warned that a 'raging housing boom' is under way in London and the South East. Tension: In a boost for George Osborne (left), leading accountancy form PwC said the UK economy is likely to grow by 2-3percent, although Vince Cable (right) has warned of a housing boom in London and the South East
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UK economy likely to grown by 2-3percent, outstripping Eurozone rivals
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Accountancy firm PwC says deficit will fall below £100billion
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However, Vince Cable warns of 'raging housing boom' in South East
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Business Secretary calls for rethink on Help to Buy scheme
But he added: 'On the other hand if you don't increase interest rates then of course this boom that's taking place in house prices gets out of control and the only people who can live in large parts of @placeholder are foreigners and bankers and we don't want that either.'