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Type Product title / description Pub Price
Expert View
Expert View

Government minister admits UK in worst recession in 100 years

Gordon Brown's former economic adviser, Ed Balls, has effectively repeated comments made by the Bank of England's deputy governor last October by asserting that the economy is experiencing the worst recession in over a century. While the government may downplay the sentiment, there's no avoiding this reality: unemployment and inflation will ensure a long and painful recovery for the UK.

Published By Datamonitor
10 Feb 2009
CommentWire
CommentWire

Transport and energy: gloomy announcements raise questions over supposed 'green shoots' of recovery

Declines in the Baltic Dry Index and international air cargo volumes, along with forecasts of weak crude oil demand until 2012, have raised questions over various claims of a quicker-than-expected global economic recovery. Despite the recent rally in the stock market brought on by these claims, these new announcements indicate that a full recovery is still a long way off.

Published By Datamonitor
02 Jul 2009
CommentWire
CommentWire

UK: consumer confidence slowly on the rise as economy returns to growth

Government statistics released at the end of January indicate that the UK economy has returned to growth for the first time in 18 months. While the economy will continue to grow over the next two quarters as consumer sentiment improves, Datamonitor predicts that this growth will be only moderate, rather than the strong rebound that some have predicted.

Published By Datamonitor
27 Jan 2010

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