UK economy contracts more than expected

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UK economy contracts more than expected

Economy Discussion of the UK economy and economic news.

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07-24-2009, 11:10 AM

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UK economy contracts more than expected

Official figures have today revealed that the UK economy shrank more than expected in the three months to June.Today’s figures, which are preliminary estimates and could be revised up or down in the next few months, show that the economy contracted 0.8% between April and June - economists had expected a fall of 0.3%.On an [...]

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