CBI expects unemployment and inflation to rise

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CBI expects unemployment and inflation to rise

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02-09-2011, 12:35 PM

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CBI expects unemployment and inflation to rise

The Confederation of British Industry (CBI), has today warned of a grim outlook for the UK economy. The business lobby group said inflation will remain stubbornly high and economic growth will be sluggish. It is forecasting a further rise in unemployment, with the jobless rate rising to 8.4% this year, from 7.9% at the end [...]

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