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Page last updated at 08:32 GMT, Saturday, 6 August 2011 09:32 UK

'This is a real crisis now'

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The turmoil on the stock markets this week has caused increasing fears that western economies will neither be able to grow or pay their debts.

Andrew Cave, chief spokesperson for the federation of small businesses and John Stepek, editor of MoneyWeek magazine, discuss what the crisis means for the UK's consumers and businesses.


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