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Old 01-25-2011, 09:55 AM
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Post UK economy sees shock 0.5% contraction in Q4

The Office for National Statistics (ONS) has today revealed the UK economy contracted by 0.5% in the October to December period. The figures shocked economists who had expected growth of between 0.2-0.5% following growth of 0.7% in the third quarter and 1.1% in the April to June period. Meanwhile, economic growth rose by 1.7% on [...]

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