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Brtitain first out of recession?

StevieJ · 2009-04-19 09:10:18

“If you are looking at 2010 we are going to be first out,” said Peter Spencer, Item’s chief economic adviser. “The signs are positive that the monetary policy committee’s aggressive tactics are working. The credit crunch may finally be easing and with it will come the beginning of the end of the recession.”…

Comments

Generali Posts: 36,411 Forumite

22 April 2009 at 11:44AM

StevieJ wrote: »

Maybe not yet

Anne Barrowclough in Sydney

The Australian economy has slipped into negative growth for the first time in eight years, raising fears that the country is on the brink of recession.

http://business.timesonline.co.uk/tol/business/economics/article5842959.ece

The chair of the RBA and Kevin Rudd have both said Australia is in recession.

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