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BY GEORGE!

U.K. Heads for Another Recession

A warning to the U.S. as the sequester kicks in—Britain may be heading into its third recession in four years despite, or perhaps because of, austerity policies. Fears of another downturn grew with numbers showing manufacturing shrinking and fewer mortgages made in January. The data place new pressure on Prime Minister David Cameron’s government.

March 1, 2013 8:11 AM