Tuesday 27 April 2010

Real Danger of Double Dip Recession Says Cable

Commenting on the latest GDP figures showing 0.2% growth between January and March this year, Vince Cable said:

“These figures show that the promised recovery is barely visible. There is a real danger of the UK going into a double dip recession. As people deal with their own debts and as the banks continue to strangle good British businesses by starving them of credit the recovery will remain fragile.

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