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Chancellor speaks out as UK enters recession

Video Credit: ODN - Duration: 00:45s - Published
Chancellor speaks out as UK enters recession

Chancellor speaks out as UK enters recession

Chancellor Jeremy Hunt has responded to news the UK has officially slipped into recession, saying there are “signs the British economy is turning a corner”.

Britain fell into a recession at the end of last year, official figures have shown, with the UK’s gross domestic product dropping to 0.3 per cent.

Mr Hunt said: "We expected growth to be weaker while tackling high inflation." Report by Kennedyl.

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