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UK economy to shrink in 2012 as quick austerity hurts-NIESR – Reuters


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UK economy to shrink in 2012 as quick austerity hurts-NIESR
Reuters
LONDON Aug 3 (Reuters) – Britain's economy will shrink this year and any meaningful recovery will remain elusive until 2014 as the euro zone debt crisis and the government's spending cuts weigh heavily on the country's prospects, a leading think-tank
UK to Miss Deficit Target as Economy Shrinks 0.5%, Niesr SaysBusinessweek
Gloomy forecast for UK's economyThe Press Association

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