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The economy: Why the recession is worse than you think

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As the UK officially entered recession, Chancellor Jeremy Hunt was keen to talk up the country's economic prospects, insisting things are looking up with inflation coming down.

But is he right to be so positive?

GDP per head - a better measure of living standards - suggest the economy might be in a weaker position than official figures show.

Read more: https://news.sky.com/story/uk-economy-in-a-recession-13071973

#recession #chancellor #economy

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Category
World
Tags
Sky News, Sky, Chancellor
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