The worst of the recession may be behind the UK economy

Improvements in business sentiment and mortgage approvals, plus a fall back in corporate insolvencies, were taken by economists to be slight signs that the large falls in GDP seen over the past six months may be over – the economy will continue to shrink, but at a slower rate. And few experts believe the economy will stage anything but a feeble recovery through this year and next.


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Source: www.independent.co.uk