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UK recession less deep than thought

24 August 2012 Last updated at 22:43 BST

The UK economy shrank by less than previously thought between April and June, official figures have shown.

Revised data from the Office for National Statistics (ONS) show the economy contracted by 0.5% during the quarter, less than the 0.7% it announced last month.

The ONS said output in the construction sector was higher than it had previously estimated.

Hugh Pym reports.