Britain's GDP fell 1.9% in the first quarter, worse than the expected 1.5% and last quarter's 1.6%. Manufacturing was the major culprit, having declined 6.2%. "I very much doubt that GDP is going to contract at these sort of rates for any longer, but I do think it will still contract all throughout 2009," said George Buckley of Deutsche Bank. "So there's still a lot of weakness to come, but not as weak as we're seeing today
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