The British economy has already started to go into reverse as families cope with the spending squeeze and could contract by 1.3per cent next year, according to experts from Standard Chartered Bank.
Wednesday, 14 December 2011
UK recession will be far deeper than previously thought... but not as bad as in the eurozone, analysts predict
The British economy has already started to go into reverse as families cope with the spending squeeze and could contract by 1.3per cent next year, according to experts from Standard Chartered Bank.
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