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Daily Archives: May 30th, 2014

 

It seems Britain’s economy is doing better than reported, because of illegal activities.
The official gross domestic product (GDP) statistics are being boosted by including things like sales of drugs and prostitution.

Britain’s Office for National Statistics (ONS) said that the hidden-economy trade was worth almost 9.7 billion pounds (11.9 billion euros at current exchange rates) back in 2009, the most recent year for which it has done the calculations.