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A research report prepared by Nicola Nobile of Oxford Economics suggests that Italy's troubled banking sector may almost be ready to right the ship and give the nation's economy a much-needed boost.
UK gross domestic product growth remained among the lowest in Europe in the second quarter amid a slowdown in household spending and business investment, with growth largely dependent on government spending.
UK consumer borrowing remained largely stable last month amid continued pressure on household budgets that is reducing spending and saving, according to figures released by the industry on Thursday.
