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UK recession now 90 pct probable - L&G - CNBC

Story date: 2008-05-21 07:57:00
Added on: 2008-05-21 09:12:25


LONDON (Thomson Financial) - The United Kingdom faces a 90 percent probability of suffering recession due to the credit crunch, according to an economist at Legal & General Investment Management (LGIM). A combination of swollen debt, high oil prices ...


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