I hear leading economic indicators are pointing to a recovery....well, not a GW circa 2002 economic recovery, but you know, actual positive growth in the private sector. In the meantime, enjoy the recession!
One feature of the economy as we move through 2010 seems to be that Britain’s recovery will easily outstrip that in the eurozone. This is partly due to the advantage of having a competitive pound. But it is also because there was always more to the British economy than the 8% of gross domestic product contributed by financial services. The flexibility that stood Britain in good stead before the crisis will still be an advantage as the economy moves out of it
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One feature of the economy as we move through 2010 seems to be that Britain’s recovery will easily outstrip that in the eurozone. This is partly due to the advantage of having a competitive pound. But it is also because there was always more to the British economy than the 8% of gross domestic product contributed by financial services. The flexibility that stood Britain in good stead before the crisis will still be an advantage as the economy moves out of it
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