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Britain's economy shrank by 0.3 percent in the last three months of 2012, and many analysts have predicted another contraction in the first quarter of 2013. That would put the U.K. back into a recession
-- technically defined as two consecutive quarters of economic contraction. Last month, Moody's downgraded the U.K.'s triple-A credit rating, saying that sluggish economic growth would hinder the government's ability to control rising debt and deal with any new financial shocks.
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