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UK economy set to shrink faster next year as debt soars to 90% and unemployment hits 10%
Britain’s net debt as a proportion of national output will skyrocket to 90 per cent in 2010, while the unemployment rate is set to hit almost 10 per cent in the same year, warns a leading economic think-tank.
The Government was under fresh fire over the state of the public finances today after the Organisation For Economic Co-operation and Development said it should be ‘more ambitious’...