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Toxic mix of economic gloom 'to hit Britain'

The British economy is heading for a �significant downswing�, the world�s leading financial forecaster warned yesterday as it slashed predictions for global growth this year and next.

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heraldscotland staff

DOUGLAS HAMILTON and DAMIEN HENDERSON

The British economy is heading for a "significant downswing", the world's leading financial forecaster warned yesterday as it slashed predictions for global growth this year and next.