The Independent (April 25)
2012/ 04/ 29 by jd in Global News
In the UK, the economy slid “back into negative growth – it shrank by 0.2 per cent in the first quarter, after contracting by 0.3 per cent in the last quarter of 2011,” marking the first double-dip recession since 1975. A “more aggressive growth strategy” is needed. This should involve “targeted tax breaks and a serious assault on red tape to help instil business confidence.”
Tags: Double-dip, Economy, Negative growth, Strategy, UK
