The Ernst & Young ITEM Club, which bases its quarterly growth report on finance ministry models, cut its forecast for the UK gross domestic product increase. What is the ITEM Club's new prediction for UK growth for this year?

3. The Ernst & Young ITEM Club, which bases its quarterly growth report on finance ministry models, cut its forecast for the UK gross domestic product increase. What is the ITEM Club's new prediction for UK growth for this year?

Answer: 0.9% growth

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CNBC Portfolio Challenge Bonus Bucks Answers for Tuesday, October 18, 2011 and CNBC Million Dollar Portfolio Challenge

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