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Recivery by year end? Maybe... maybe not.

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  • Spiv_2
    Spiv_2 Posts: 280 Forumite
    Slump is over says OECD
    Further evidence that Britain's worst recession since the Second World War is over emerged today, with upbeat figures issued by the OECD.
    The Paris-based economics forum said that its “leading indicators” — a collection of data it uses in order to measure performance — show that the British economy improved for the eighth month running in September.
    Howard Archer at Global Insight said: “We strongly suspect that the economy will return to growth in the fourth quarter, as consumer spending is lifted by the car scrappage scheme and some consumption being brought forward ahead of January's value-added tax hike.”

    http://www.thisislondon.co.uk/standard-business/article-23765532-slump-is-over-says-oecd.do
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