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Economy

2008 Financial Crisis: Britain's lasting scars from the global slump

Updated : September 17, 2018 02:33 PM IST

Wages in inflation-adjusted terms are no higher today than they were in 2005.
Productivity in Britain has stagnated and has played a key role in squeezing Britons' living standards.
Government debt ballooned after the crisis and progress in repairing the government's balance sheet has been slow, despite nearly a decade of spending restraint.
2008 Financial Crisis: Britain's lasting scars from the global slump
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