UK's double-dip recession erased

AOL Money Staff
David Cameron
David Cameron

Britain's double-dip recession has been erased from history after widespread revisions to official data.

The Office for National Statistics (ONS) said the nine-month contraction at the end of 2011 and beginning of 2012 never happened thanks to a stronger-than-reported performance from the construction sector in the first quarter of last year.
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