Triple-dip fears as GDP falls
Britain's recovery hopes are poised to receive another blow today, with official estimates set to reveal a fresh contraction in the UK economy.
Experts believe gross domestic product will have fallen by 0.1% in the final quarter of 2012, putting the country on course for an unprecedented triple-dip recession.
The economy would have to contract this quarter as well for it to be back in recession, but hopes of a rebound are fading after a snow-hit start to 2013, which some estimate cost Britain more than £500 million a day in lost output.
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