The Economist (September 29)
2012/ 09/ 30 by jd in Global News
“Growth at last appears to be returning to Britain’s economy…. The squeeze on real take-home pay is easing as inflation falls and wages edge up. Business surveys suggest activity is picking up…. which suggests the current quarter will see a positive figure for GDP growth.” In 2009, the UK experienced a “false dawn.” With “countless threats to renewed recovery,” leaders should avoid choking this recovery to make up for revenue shortfalls.
Tags: Economy, False dawn, GDP, Growth, Recovery, Revenue shortfalls, Threats, UK
