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London: Britain's recovery from recession will be slow and painful, with growth unlikely to hit one percent in 2010, a report out Monday warned. Full Article at Zee News
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The UK ITEM Club, an economics panel sponsored by Big 4 accounting firm Ernst & Young says in its October forecast that its expects a weak GDP performance in 2010, following an uncertain recovery in the second half of this year. Full Article at FinFacts
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This is Money 19 October 2009, 8:53am The influential Ernst & Young Item Club will warn today that while the recession might soon technically be over, any economic revival will be hampered by ongoing lending restrictions, world economy uncertainties... Full Article at This Is Money
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The UK is in line for a slow and painful recovery as the economy "bumps along the bottom" for 18 months, experts have warned. Full Article at Channel 4
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Britain's recovery from recession will be slow and painful, with growth unlikely to hit one percent in 2010, a report out Monday warned. Full Article at Sydney Morning Herald
Related Quotes
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The outlook for the next 12 months is certainly looking more positive than the last year
– Peter Spencer SOURCE: Zee News -
We have come a long way since this time last year
– Peter Spencer SOURCE: Zee News -
Under the Obama administration’s budget, our country is set to rack up $6.7 trillion in debt over the next decade -- almost equal to all the federal debt accumulated in our nation’s history
– Kevin Brady SOURCE: The Hill -
Globally, the recovery remains fragile
