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    ...........as UK growth prospects are slashed...........again.

    The Organisation for Economic Co-operation and development forecast 0.1 % .....contraction for UK this year and gowth of

    0.9 % for 2013.......considerably lower than latest figures in May.

    Office of Budget Responsibility ( OBR ) are about to give `knife edge` verdict on state of public finances.....and Osborne`s fiscal

    rules.........

    The OCDE said Osborne could,`finally,`be forced to abandon his targets -to put `debt` as share of the economy on a downward

    course by 2015 / 16.

    Negligible growth is expected in the forth quarter.

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