The UK economy experienced the proverbial game of two halves in 2004.The first half saw a generally buoyant economic environment, with consumer spending, business investment and public spending all relatively strong. In contrast, the second half of the year saw worries accumulate abo,ut a slowdown in the global economy, high oil prices and a downturn in the previously buoyant UK housing market. Average GDP growth in 2004 was still over 3%, but how much will this slow down in 2005?
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