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UK sales fall prompts fears of ‘double’dip’ recession
Telegraph [UK], by Edmund Conway Posted By: Photoonist- Tue, 09 Feb 2010 20:25:07 GMT Fears that Britain may already be succumbing to a ''double'dip'' recession materialised as it emerged that 2010 opened with the worst January for the high street since comparable records began 15 years ago. The VAT increase and unprecedented blizzards last month contributed to a sudden and unexpected collapse in retail sales, according to the British Retail Consortium.
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