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UK economy faces deep recession | Video | Reuters.com
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UK economy faces deep recession

(02:00) Report

Feb. 11 - The latest forecast from the Bank of England is for an economic contraction of 4-percent over the course of a year.

The number of people claiming unemployment benefits in Britain reaches a ten-year high of just under two million, as Prime Minister Gordon Brown meets with business leaders to consider ways to save jobs. Peter Parker reports.

SOUNDBITE: Mervin Kind, Bank of England Governor

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