Recession Takes Its Toll: 27,000 Firms Bust

23 December 2009 09:06

...else." Yesterday revised GDP figures from the Office for National Statistics showed that the UK is still in recession. The economy shrank by 0.2% from July to September of this year. But Chief Secretary to the Treasury Liam Byrne defended Labour's policies...

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  • CBI Warns of 'Fragile' Growth For UK Economy

    21 December 2009 08:57

    ...spring many workers are likely to face another round of pay freezes. Chief economic adviser at the CBI Ian McCafferty said: "The UK economy faces a number of structural hurdles over the coming two years, and this recovery - like that of the 1980s - will be...

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  • Darling: UK Economy Coming Out Of Recession

    9 December 2009 12:58

    ...any surprises out of his red box? Revealing the final pre-Budget report before the election, Alistair Darling said that the economy had shrunk by 4.75% in the last year but was expected to grow by 1-1.5% in 2010, as he had forecast in April's Budget . Mr Darling...

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  • Bank Of England Three-Way Split On Economy

    18 November 2009 01:34

    ...November 18, 2009 Mark Langford, Sky News Online Bank of England policymakers were split three ways on how to boost the economy this month, it has emerged. The Bank of England was split over the use of quantitative easing Minutes of November's meeting of the...

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