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UK growth tipped to slow down in 2011

The economy will grow by less than expected next year, but growth in 2012 will be better than predicted, the British Chambers of Commerce forecasts.

It downgraded its forecast for the UK's GDP growth in 2011 from the 2.2% it predicted in September to 1.9% now.

The BCC blamed the eurozone debt crisis, austerity cuts, weak housing market and VAT rise from 17.5% to 20%.

Ben Ando's report features David Kern from the BCC.

  • 05 Dec 2010
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