End of Recession?

The UK economy is officially out of recession but only just. While any improvement is welcome an increase in output of 0.1% is nothing to shout about especially as there is a risk this figure maybe revised downwards. Despite the Government pumping billions into the economy in an attempt to quickly exit the recession and increase output before the general election, the result hasn’t been great as the UK economy crawls out of recession and is the last of the major economies to do so.

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One Response to End of Recession?

  1. Andy says:

    Whether this ‘creeping’ recovery is downgraded or upgraded slightly, I believe the increase in output will fall back into negative next time figures are released – people are still losing their jobs, firms are still going bust, there is worse to come. I believe the nxt figures will be out before the general election.

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