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" 'Horrible' setbacks for Britain’s builders and manufacturers shook the City today [Friday] as a leading forecaster’s warning of a winter slump heightened fears of a triple-dip recession.
"Manufacturing output slipped 0.3% in November, confounding hopes of a 0.5% bounceback from a dreadful October, the Office for National Statistics said. Construction firms also lost ground as output fell 3.4%."
"Vicky Redwood, chief UK economist at Capital Economics, said:
"The figures provide further evidence that the economy probably contracted in the fourth quarter... So a triple dip still seems to be looming."
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