Britain exits longest recession on record

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Britain exits longest recession on record

Postby admin » Tue Jan 26, 2010 12:08 pm

LONDON: Britain came out of recession in the fourth quarter of 2009, but only just and with a far weaker growth rate than expected,

The Office for National Statistics said gross domestic product rose by 0.1 percent between October and December, well below analysts' forecasts for growth of 0.4 percent after an 18-month recession which wiped out 6.0 percent of output.
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