Is Britain's Economy Slowing Down?
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The long boom that has sustained the Labour Party in power may be winding down, but the landing is unlikely to be hard
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Business & money: Amount people are saving in Britain slump, as rises in consumer spending, higher pension and tax payments take their toll.
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Sterling softened after data released this morning by the British Banking Association provided further evidence that house prices are finally starting to cool.
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Economic data to be released this week are expected to show slowing economic growth in Britain as rate hikes braked expansion, economists said.
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The slowdown may signal that the economy is shifting down a notch from its unexpectedly robust pace of growth at the end of last year.
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Business & money: British economy faces rising costs of food and increasing energy prices amid slowing growth
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The UK economy will see its weakest period of growth in 15 years and risks a recession, a report warns.
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Britain's manufacturing output slipped in November, official data showed Friday, prompting analysts to warn of a potential recession in the sector this year.
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The UK economy grew at its fastest rate in three years in 2007, but growth slowed towards the end of year.
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UK manufacturing output suffered a surprise fall in August, prompting concerns over that the sector's recovery may be on the wane.
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Britain may be facing a fall in house prices similar to that experienced in the US, the IMF warns.
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Economic growth is set to "slow markedly" in 2008, even if the Bank of England decides to cut interest rates by a further 75 basis points this year, the central bank forecast on Wednesday.
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The pound slipped to seven-week lows on mounting expectations that British interest rates may have peaked in light of weak economic data.
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The UK's manufacturing sector shows an unexpected slowdown in September, easing pressure on the Bank of England to raise interest rates again.
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The UK economy lost momentum in the third quarter but is picking up in the fourth, says Bank of England governor Mervyn King.
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Britain's economy grew 0.7 percent in the third quarter, according to official data published Thursday.
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British inflation slowed to an annual rate of 1.1 percent in September from 1.3 percent in August, as cheaper airfares helped to push the rate down to the lowest level for six months, official figures showed.