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Old 25-01-2011, 10:56   #4
Digital Fanatic
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Join Date: Aug 2008
Location: Liverpool
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Re: 'Shock' Contraction in the UK economy

Quote:
Originally Posted by chris9991 View Post
http://www.bbc.co.uk/news/business-12272717

Have to say it doesn't suprise me that it happened (forecast were between +0.2% and +0.7%)

Wouldn't like to blame it all on the weather though

And if Q1 contracts then we'll be in a double dip recession
It's definatley not all to do with the weather! Things are going to get worse once the full hit of the VAT increase hits us.

This goverment has got it wrong.
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