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Time to change the medicine as Britain still suffers

31st October, 2009

Germany has clawed its way out of recess ion. France is growing again. The US is starting to expand. Even Ireland, one of the countries worst hit by the credit crunch, isn’t contracting any more.

Yet Britain’s economy keeps on getting smaller. Last month, the government said gross domestic product dropped 0.4 per cent in the third quarter. Expectations that it would join most of the rest of the world in staging a...

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