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Debt-fuelled spree won’t help economy experts warn

Recovery in recent months has been based largely on a debt-fuelled consumer shopping splurge. Picture: PA

Recovery in recent months has been based largely on a debt-fuelled consumer shopping splurge. Picture: PA

  • by EDDIE BARNES
 

SCOTLAND’s recovery from ­recession has been built on debt-fuelled spending by families and cannot be sustained without a boom in exports and ­investment, the country’s leading independent economic body has warned.

 

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