-:Undertaker:-
26-01-2010, 03:48 PM
http://news.bbc.co.uk/1/hi/business/8479639.stm
http://www.dailymail.co.uk/news/article-1246108/Britain-recession-longest-downturn-history-comes-end.html
http://i.dailymail.co.uk/i/pix/2010/01/26/article-1246108-0806663A000005DC-484_468x259_popup.jpg
The UK economy has come out of recession, after figures showed it had grown by a weaker-than-expected 0.1% in the last three months of 2009. The economy had previously contracted for six consecutive quarters - the longest period since quarterly figures were first recorded in 1955. There have been recent recovery signs - last week, UK unemployment fell for the first time in 18 months
The UK's had been the last major economy still in recession. Europe's two biggest economies - Germany and France - came out of recession last summer. Japan and the US also emerged from recession last year. The weak level of growth took its toll on the value of the pound, which fell against both the dollar and the euro on the money markets.The worst is yet to come, the debt Labour has racked up is mind-boggling, the United Kingdom and United States are going to have a lot of trouble with the debt for years to come, the way we are going now is not sustainable or affordable. Look to the East and in China their provinces have billions and billions leftover and they don't actually know how to spend it.
http://www.dailymail.co.uk/news/article-1246108/Britain-recession-longest-downturn-history-comes-end.html
http://i.dailymail.co.uk/i/pix/2010/01/26/article-1246108-0806663A000005DC-484_468x259_popup.jpg
The UK economy has come out of recession, after figures showed it had grown by a weaker-than-expected 0.1% in the last three months of 2009. The economy had previously contracted for six consecutive quarters - the longest period since quarterly figures were first recorded in 1955. There have been recent recovery signs - last week, UK unemployment fell for the first time in 18 months
The UK's had been the last major economy still in recession. Europe's two biggest economies - Germany and France - came out of recession last summer. Japan and the US also emerged from recession last year. The weak level of growth took its toll on the value of the pound, which fell against both the dollar and the euro on the money markets.The worst is yet to come, the debt Labour has racked up is mind-boggling, the United Kingdom and United States are going to have a lot of trouble with the debt for years to come, the way we are going now is not sustainable or affordable. Look to the East and in China their provinces have billions and billions leftover and they don't actually know how to spend it.