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This is a good article by Philip Aldrick, Economics Editor at the Telegraph. Check it out!

via UK heading for first double-dip recession since 1975 – Telegraph.

It confirms that the growth strategy proposed by George Osborne, Danny Alexander and the Treasury has failed.

Osborne is still not budging from his austerity, austerity, austerity, policy. This is despite the credit rating agencies joining international agencies (like the IMF) and every respectable economist screaming for short-term growth measures like stimulating investment – this is as well as medium term fiscal prudence.

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