UK Economy Near Stalling

Published / Last Updated on 29/08/2011

UK Economy Near Stalling.

The UK economy grew just 0.2% in the second quarter of this year (to end of June) signally that Britain is indeed stalling and may be slipping back into a double dip recession.

The Office for National Statistics has downgraded growth figures for the year.  
Consumer confidence is also falling as it is in the US.
This will make markets nervous.

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