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 UK Economy Crawls Out of Recession

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PostSubject: UK Economy Crawls Out of Recession   Tue Jan 26, 2010 1:07 pm

[size=75:wypbpixr]novinite 26 January 2010

UK Economy Crawls Out of Recession

The UK economy has come out of recession, after figures showed it had grown by a weaker-than-expected 0,1% in the last three months of 2009.

The economy had previously contracted for six consecutive quarters - the longest period since quarterly figures were first recorded in 1955, the BBC reported.

There have been recent recovery signs - last week, UK unemployment fell for the first time in 18 months.

The UK's had been the last major economy still in recession.

Europe's two biggest economies - Germany and France - came out of recession last summer. Japan and the US also emerged from recession last year.





Not to sure I agree with this report it sounds like a load of carp, I don't see that Germany or France came out of the recession last summer and the US are in a bigger mess than we are in the Uuk, I certainly don't see any signs in the uk of it happening now ? I would say maybe towards the end of 2010?

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raveydaveygravey
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PostSubject: UK Economy Crawls Out of Recession   Tue Jan 26, 2010 1:39 pm

i really think this is a load of b/s, i reckon next month will see shrinkage again, but because it needs 3 months of it, it won't be classed as recession. just the govt using wording for making us pay for it
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PostSubject: UK Economy Crawls Out of Recession   Tue Jan 26, 2010 3:05 pm

Just been listening to this on the news I think its more like the government trying to score brownie points from what I could gather the economy did increase in December 0.01% but that’s been put down to the fact that it was Christmas when people spend more and people were also spending more before the vat went back up, they interviewed a few analysts who basically said it was a nonsense.
Would the government to tell us lies Surely not
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PostSubject: UK Economy Crawls Out of Recession   Tue Jan 26, 2010 3:12 pm

OH Yee of little faith.... not trusting politicians......... Can I join your club please
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PostSubject: UK Economy Crawls Out of Recession   Tue Jan 26, 2010 3:18 pm

You can but there is a hell of a waiting list
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PostSubject: UK Economy Crawls Out of Recession   Tue Jan 26, 2010 11:36 pm

Lets see what develops over the next few weeks

Oddy

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