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British Industrial Production Falls

Industrial production for Britain fell by 1.2% in January vs the expected 0.2% increase.  The pound fell on the news as the Bank of England will likely have to continue to add more stimulus to the economy.  It is expected that the company is in a recession currently as the 1Q of 2013 will be the 2nd quarter of negative GDP for Britain if the data continues similar to today's news. 
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