Cautiously optimistic on economic recovery
- Featured Articles
- Published: 29 Jan 2010 in Money and Savings
After what seems like a lifetime of writing about banking collapses, home repossessions and unemployment, the UK has officially and finally pulled out of the recession.
According to government figures, the UK economy increased its output in the fourth quarter of 2009 and achieved growth of 0.1 per cent.
Granted, there weren’t as many sales around in high street stores over the Xmas period, which indicated that retailers weren’t struggling as much as they were the year before and that the economy was perhaps beginning to recover.
But can we really say we’re out of the woods yet?
To read the rest of the editor’s blog and add your comments, click here.