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Big Brother says 'Standard of living to plunge at fastest rate since 1920s'

POSTED BY: PIRATENEWS
UPDATED: Wednesday, January 26, 2011 20:11
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Wednesday, January 26, 2011 8:11 PM

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Households face the most dramatic squeeze in living standards since the 1920s, the Governor of the Bank of England warned, as he reacted to the shock disclosure that the economy was shrinking again.
http://www.telegraph.co.uk/finance/economics/8282354/Bank-of-England-c
hief-Mervyn-King-standard-of-living-to-plunge-at-fastest-rate-since-1920s.html



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