One year out of recession, it’s mixed fortunes for UK plc
Wednesday, January 26, 2011 | Posted by: Fiona Cullinan
Categories:
Economy
| Tags: business,
recession,
economy,
finance,
UK,
retail,
GDP,
inflation,
recovery,
Private Equity,
BCM,
PE Barometer,
double dip,
Business Confidence Monitor
Today is the first anniversary of the UK economy emerging from recession. But while preliminary data for Q4 2010 estimated a 0.1% rise in GDP, yesterday’s figures showed a surprise contraction – is it a blip caused by bad weather or a sign of the economy stalling amid recent austerity measures?
