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Britain Slides Back Into Recession

Figures reveal first 'double-dip' recession since '70s

By Rob Quinn,  Newser Staff

Posted Apr 25, 2012 5:05 AM CDT

(Newser) – More bad news for Britain's beleaguered government: The country slid back into recession in the first quarter of this year, according to figures released today. The economy shrank for the second straight quarter, marking the first "double-dip" recession, in which GDP falls before...   Read full story »

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