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Double-Dip? Maybe Not…

A survey carried out by The British Chambers of Commerce (BCC) has suggested that the UK economy is likely to remain weak for some time to come, but slipping back into recession is by no means inevitable.

However, the survey of more than 6,000 UK businesses also found that domestic demand is at its lowest level for more than two years. But the BCC said that the results do not indicate a recession and are still better than those seen in the worst phase of the last downturn that began in 2008.

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