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Economy beats expectations

Economy beats expectations

Image via Wikipedia Interesting article about how the economy in the UK is shrinking at a slower rate than was expected. That must be good news right? Here’s a snippet from the article: The 0.7% decline was a significant improvement on the 2.4% contraction in the previous quarter. But the annual drop of 5.5% remains the biggest since records began in 1955. It’s a bit too early to see whether this is an emerging trend of just a seasonal glitch….

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