Chambers of Commerce cut UK's expansion forecast

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Source: Dukascopy
Chambers of Commerce expects the UK to escape recession but the growth is likely to be slower than initially predicted this year. UK's Chambers of Commerce projected the UK economy to expand by 0.6% in Q1 of 2012 while previously it predicted the UK's GDP to grow by 0.8%. It also outlined that unemployment will hit 2.9 million as compared to the current 2.6 million.
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Mon, 05 Mar 2012 12:04:46 GMT

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