One in three chance of double-dip recession

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One in three chance of double-dip recession

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07-18-2010, 12:13 PM

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One in three chance of double-dip recession

Britain has a one in three chance of going back into recession before 2012 because of the government’s spending cuts, a Legal & General economist has claimed. James Carrick said the government’s growth forecasts are too optimistic, and said the economy’s health is not as strong as many investors believe. “The government forecasts private sector growth of [...]

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