UK economy shrank 0.3 percent in late 2012, grew on year

Britain’s economy contracted by 0.3 percent in the final quarter of 2012 as originally estimated, but yearly growth was revised up, data showed on Wednesday. The figures highlight the danger of a third recession since the 2008 financial crisis, less than a month before Chancellor George Osborne …

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UK economy shrank 0.3 percent in late 2012, grew on year

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