UK will avoid double-dip; Goldman involved in Lloyds refinancing - papers

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Britain's gross domestic product is expected to have expanded 0.4% in the first quarter of 2010, according to a survey of City economists.

That matches the growth seen in the final three months of 2009, when the UK emerged from its deepest peacetime recession since the 1930s, The Telegraph reports. The GDP figures, due at 0930 BST, will be the latest insight into the health of the economy. The economy grew by 0.4% in the final three months of 2009 when it finally pulled out of recession. While all but one of 32 economists surveyed by Bloomberg expect growth, there is some potential for surprise. Experts are not sure what impact the heavy snowfall had in January. Since then, the country's manufacturing sector has re...

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