OECD forecasts double-dip recession

Updated
David Cameron, UK Prime Minister
David Cameron, UK Prime Minister

The UK's economy will slip back into recession in the coming months, a bleak forecast from the OECD has revealed.


The economic think-tank said the UK's GDP will shrink in the final quarter of 2011 and the first quarter of 2012 - the first time it has predicted a double-dip recession for the UK.

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