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UK GDP rose below expectations in Q3 of 2011 according to figures released by the Office of National Statistics this morning.
Sterling has fallen in the last day following announcements by the Treasury that UK public sector borrowing ballooned in November.
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Sterling has fallen owing to reports that UK public sector borrowing reached its highest ever rate in November.
This morning sterling has fallen owing to reports that UK Consumer Confidence has hit a 12 month low.