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Thread: UK entering recession

  1. #1
    Administrator funyoo's Avatar
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    Default UK entering recession





    UK is entering in recession.

  2. #2
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    Gordon Brown, his government, opposition politicians and Whitehall Mandarins are all to blame for why the UK economy is not fit-for-purpose in the 21st century.

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    I never think, UK is entering into recession again. Only a single adverse data on GDP can't be an indicator of recession. There are several other parameters.

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    Quote Originally Posted by Taha View Post
    Gordon Brown, his government, opposition politicians and Whitehall Mandarins are all to blame for why the UK economy is not fit-for-purpose in the 21st century.
    I think it is unfair to criticize Gordon Brown and his Government for UK economy. Recession and slowdown are global phenomena. We have to make united efforts to tackle the issue from global perspective, which is going at present. I think we are witnessing a "W" shaped recovery.

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    The UK economy will remain stuck in the doldrums this year with growth of 1% or less predicted in 2010, a leading forecaster has warned.

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