Britain on pace for unprecedented triple-dip recession

Posted: January 27, 2013 in News

Reblogged from The Extinction Protocol: 2012 and beyond:

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January 26, 2013UNITED KINGDOM - Britain could be on course for its third recession in four years after the economy shrank 0.3% in the last three months of 2012. The figures were worse than expected and could put pressure on the government to consider a “plan B” that would stimulate demand. A fall in manufacturing output dragged down the economy, countering a small rise in construction between October and December, according to the Office for National Statistics.

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