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UK think tank predicts country will most likely be able to avoid recession

2023-02-08 00:00

The National Institute of Economic and Social Research (Niesr) predicts that the UK is likely to avoid a recession this year. It expects the economy to grow marginally, despite high prices hitting household budgets. However, it warned while the UK may not fall into recession, it will feel like one for at least seven million households.

Niesr predicts the economy will grow by just

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