The Coming Crisis: Fears grow UK economy is set for triple-dip recession after industrial output slumps in November

The Coming Crisis Welcome to Humanity's    ...Final Performance...

Fears grow UK economy is set for triple-dip recession after industrial output slumps in November Jan 11th 2013, 18:40 A leading think-tank today estimated Britain's output shrank by 0.3 per cent in the last quarter, which would mark an abrupt end to the UK's economic bounce back and set the country up for a third recession if 2013 starts with a contraction. This followed 0.9 per cent growth in the third quarter, but the National Institute of Economic and Social Research (NIESR) pointed out that the third-quarter GDP was artificially high as tickets for the Olympic Games were sold throughout 2011 and 2012, with all sales allocated to Q3. http://www.dailymail.co.uk/money/news/article-2260747/Fears-grow-UK-economy-set-triple-dip-recession-industrial-output-slumps-November.html

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