Summary
WEAK sales on the high street during January, a slowdown in the key services sector during the same month and the prospect that economic growth is turning negative again in the first quarter of the current year are fuelling fears in the City that the UK could experience a "double-dip" recession.
Britain staggered out of the worst economic slump since the Great Depression during the final quarter of last year but evidence of an upturn is difficult to find.See the full content of this document
Extract
A Double-Dip Recession Must Still Be Feared
Conditions on Britain's high streets are appalling. Nearly every town and city in Scotland and elsewhere in the UK has crime- blighted streets with boarded-up shops and derelict buildings, proof of just how bad the recess...
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