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    British Chamber Of Commerce Lowers UK Economic Growth Forecast

    2011/9/5 15:26:00 39

    British Chamber Of Commerce Forecast Of UK Economic Growth

    The British Chamber of Commerce (BCC) will be 2011.

    Britain

    The forecast for economic growth was further reduced to 1.1% from 1.3% in June (1.9% at the beginning of the year).


    It also lowered its forecast for growth in 2012 from 2.2% to 2.1%.

    Britain

    Commerce Chamber

    The government's moves to promote exports and corporate investment have been too slow.

    The agency called on the government to reduce

    enterprise

    The regulatory burden is on the hope that the Bank of England will consider implementing a new round of quantitative easing measures.

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    Denmark's Retail Industry Continues To Slump

    Although Denmark's second quarter GNP continued to grow, retail sales in July decreased by 1%, much higher than the previous 0.2% decline. This is also a third month decline.

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