Act now to get ready for recession, think-tank urges Britain
Britain is not ready for its next recession and must consider changes to the way it manages its economy to see off the downturn when it comes, the Resolution Foundation, a think-tank, said on Monday.
British gross domestic product shrank in the second quarter of this year and the economy is struggling to pick up momentum as Brexit approaches, meaning it could already be in a technical recession before it leaves the European Union.
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