U.K. Recession Risk Reaches 30%, Lloyds Corporate Markets Says
The probability of the U.K. falling into a recession has risen to as much as 30 percent and may increase further, Lloyds Bank Corporate Markets said in an e- mailed statement. The unit of Lloyds Banking Group Plc (LLOY) forecasts growth will slow to 0.1 percent in the fourth quarter from 0.5 percent in the three months through September.
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