LONDON . British Chambers of Commerce ( BCC ) cut estimates of UK
economic growth this year from the original 0.6 % to 0.1 % . However, the group
that represents 100 000 businesses raises economic forecast out 2013 from 1.8%
to 1.9 % .
In the third quarter of 2013 , unemployment in Britain is expected to increase from 2625 million or a ratio of 8.2 % to 2.9 million or 9 % . The trigger is a public sector spending that had been trimmed to reduce the debt burden .
Therefore, the banking sector is expected to turn the wheels of the economy more quickly by providing loans to lower middle class entrepreneurs . Bank is also expected to increase the share of credit to the sector and facilitate infrastructure and long-term loans for aviation and energy industries .
In the third quarter of 2013 , unemployment in Britain is expected to increase from 2625 million or a ratio of 8.2 % to 2.9 million or 9 % . The trigger is a public sector spending that had been trimmed to reduce the debt burden .
Therefore, the banking sector is expected to turn the wheels of the economy more quickly by providing loans to lower middle class entrepreneurs . Bank is also expected to increase the share of credit to the sector and facilitate infrastructure and long-term loans for aviation and energy industries .
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