NIESR provides pessimistic outlook for UK economy

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NIESR provides pessimistic outlook for UK economy

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07-22-2009, 09:46 AM

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NIESR provides pessimistic outlook for UK economy

The National Institute of Economic and Social Research (NIESR) is joining many other leading think tanks by forecasting a slow recovery in the UK.The research body is expecting total UK Gross Domestic Product (GDP) to fall 4.3% this year before experiencing modest growth of 1% next year and 1.8% the year after.The forecasts are far [...]

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