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The Economist (September 29)

2012/ 09/ 30 by jd in Global News

“Growth at last appears to be returning to Britain’s economy…. The squeeze on real take-home pay is easing as inflation falls and wages edge up. Business surveys suggest activity is picking up…. which suggests the current quarter will see a positive figure for GDP growth.” In 2009, the UK experienced a “false dawn.” With “countless threats to renewed recovery,” leaders should avoid choking this recovery to make up for revenue shortfalls.

 

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