A step closer to a triple-dip recession

There are fresh fears Wales and the rest of the UK could slide into recession again, with new figures reflecting a bleak period for growth. According to official figures released today, gross domestic product fell by 0.3% in the last three months of last year.

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Economy shrinks again

GDP fell by 0.3% in the last three months of 2012, according to official figures released today. It could mean the start of another period of recession for the UK.