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GDP downgraded to 0.6% drop in Q4 2010

The drop in growth in Q4 2010 has been downgraded from a fall of 0.5% to 0.6%, data from the Office of National Statistics shows.

GDP in the fourth quarter of 2010 is now 1.5 per cent higher than the fourth quarter of 2009.

Output of the production industries was revised down from 0.9% to 0.7% growth in the latest quarter.

Within production, manufacturing output increased by 1.1% and utilities output grew by 4.6% whilst mining and quarrying output fell by 4.5%.

Construction output fell by 2.5%, revised up from a fall of 3.3% in the previous estimate.


Why your clients need some tough love

In any relationship that matters, professional or personal, you should be upfront with someone if you think they’re making a decision or doing something they might later regret. Being honest with someone and having their best interests at heart, however hard the message, is key to building trust in any relationship. So how does this […]


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