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[25/01/2012 | No comment]

A shrinking economy means growing dole queues

The UK economy shrank by 0.2% in the last three months of 2011 according to official figures.

 

Euro MP Peter Skinner reacted to the latest bleak news by renewing his call for a growth focused economic plan.

 

The new figures followed hot on the heels of the collapse of major chains Past Times and Peacocks and news that unemployment was at a 17 year high of 2.7million including 284,000 across the South East.

 

The MEP is backing Labour’s call for a cut in VAT, a national insurance holiday for 330,000 small businesses in the South East and Read the rest of this article »

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