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Old 08-07-2008, 12:16 AM
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Post IMF revises its UK economic growth forecast

The credit crunch, falling house prices and rising unemployment has led to the International Monetary Fund (IMF) revising its forecast for UK economic growth over the next two years. The IMF said UK growth will be just 1.4% in 2008 and 1.1% in 2009, down from the 1.8% for 2008 and 1.7% for 2009 that [...]

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