Think tank says UK economy shrinking - Business - Evening Standard
       

Think tank says UK economy shrinking

A leading think tank today said that the British economy is shrinking for the first time in more than a decade.

The National Institute for Economic and Social Research said gross domestic product fell 0.2% between June and August having dropped 0.1% in the three months to July.

It left Britain on the verge of the first recession since 1991 with house prices falling and bills and unemployment rising.

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