Britain Is Officially in a Recession?

Britain Is Officially in a Recession:
UK’s GDP fell 1.5 percent from the 3rd qtr and was down 1.8 percent from the period a year earlier. Economists had predicted a 1.2 percent drop for the quarter. So its going worse than expected.

http://www.nytimes.com/2009/01/24/business/24euecon.html

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