【CNBC】UK inches closer to technical recession as growth is revised down

• The U.K. is edging closer to a technical recession, after revised figures showed the economy shrank in the previous quarter.
• U.K. gross domestic product (GDP) fell by 0.1% between July and September, in a downward revision from the earlier estimate of flat growth, according to the Office for National Statistics.
• The data could put further pressure on the Bank of England to cut interest rates sooner than planned in a bid to shore up a weaker economy.

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