The UK economy shrank during the third quarter of last year, according to figures from the Office for National Statistics (ONS). Gross Domestic Product (GDP) was down by 0.6% between July and September, when compared to the previous quarter. It represents the first time since 1992 that the UK economy has contracted.
To read more on this story see:
http://www.statistics.gov.uk/cci/nugget.asp?id=192
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