Tag double-dip recession


UK: Double-Dip Recession was an error

UK: Double-Dip Recession was an error

Perhaps giving some merit to the saying “95% of statistics are made up”, the Office for National Statistics (ONS) have today revised their economic figures for the first quarter of 2012. You may remember that this was thought to be the second consecutive period of contraction and so it was officially considered another recession. This…

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