Ten Things You Need to Know Today: Friday 30 Dec 2011

1. RECESSION TO RETURN TO EUROPE NEXT YEAR

Europe will fall into recession next year as the Eurozone crisis continues, according to 25 of 27 leading economists who advise the Bank of England, a BBC poll revealed yesterday. Nearly half predict the break-up of the Eurozone. CBI leader John Cridland said the crisis posed a "significant threat" to the British economy.

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