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Britain’s economy shrank 0.3 per cent in the final quarter of last year, increasing the likelihood it would slide into a “triple-dip” recession and piling pressure on the coalition government.
The economy, which has essentially stagnated for 2½ years, pulled out of its shallow double-dip recession in the third quarter of the year but contracted again in the fourth quarter by more than the 0.1 per cent economists had expected.
http://link.ft.com/r/6NPSBB/
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