Former MPC member believes UK still at risk of double dip

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Former MPC member believes UK still at risk of double dip

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10-19-2010, 01:38 AM

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Former MPC member believes UK still at risk of double dip

Professor David Blanchflower, a former member of the Bank of England’s Monetary Policy Committee (MPC), has once again said massive spending cuts introduced to deal with the budget deficit could push the UK back into a recession. In June, and again last month, Mr Blanchflower warned the coalition Government that tough spending cuts could pose [...]

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