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Posts Tagged ‘recession’

UK Economy Is Out Of Recession

Tuesday, January 26th, 2010

The UK economy has come out of recession, after figures showed the economy had grown by 0.1% in the last three months of 2009.

This was the longest recorded recession since records began in 1955. Six consecutive quarters of economic contraction.

There are some good signs coming through with unemployment figures falling for the first time in 18 months.