Alexander: UK not heading for triple dip

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The UK is not heading towards a triple dip recession, the Treasury chief secretary has said.

Danny Alexander said while he accepted the Office for Budget Responsibility (OBR) forecast that the economy was set to shrink in the final three months of the year 2013 would see steady growth and the country would avoid another recession. The BBC reports Alexander said the road to economic recovery was "longer and harder" than expected, but progress had been made. Speaking on the Andrew Marr show, he said: "The OBR forecast that the final quarter of this year would be negative, but that we would see positive growth slowly returning in every quarter of next year. "That would sugg...

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