UK Economy shrinks by 0.5%

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A topic from News & Current Affairs: Business

zerocrop2000Tue 25/01/11 09:54

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Uh oh!

http://www.bbc.co.uk/news/business-12272717

Well we can't say we weren't warned. The year-long recovery has skidded to a halt in the last quarter of 2010. When all the final figures are in, it may be revised upwards to a small increase, but the signs are not good.

ian1968Tue 25/01/11 09:59

 

Ah you beat me by two mins. Blaming the snow, that is a poor excuse.

zerocrop2000Tue 25/01/11 10:08

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No wonder the CBI has lost confidence in the government

http://www.bbc.co.uk/news/business-12267007

While the IMF is thrilled by the 'faster than expected Global economic growth'

http://www.bbc.co.uk/news/business-12273200

So it's just us in the shit then :-(

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