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Economic forecast predicts UK...

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Economic forecast predicts UK recession

RedFM News
RedFM News

10:41 2 Sep 2022


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An economic forecast reckons the UK will enter a recession this year.

The British Chambers of Commerce expects three consecutive quarters of contraction, which is the definition for one.

Unlike the Bank of England though, it expects growth in 2023 of 0.2%, increasing slightly the following year.


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