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The UK financial reality index sees no recovery yet

LONDON | The slight, although gladly acknowledged, fall in unemployment in the UK caused an improvement of the economic background rate from 63.4 to 65.3. It has been the only positive news released Monday by Alliance Trust, whose UK financial reality index noted a deterioration in households' financial situation during the second quarter of this year. In any case, the number being below 100 signals trouble, and it has been…