Wednesday, Jun 24, 2009
Darling, your really a Dick, aren't you!
Times Online: UK economy to shrink by 4.3% this year: OECD
The recession will end this year, but Britain’s economy will endure a bout of stagnation, failing to grow at all in 2010 as the recovery proves weak and “sluggish”, the West’s leading official think-tank predicts today.
In a stark challenge to Alistair Darling’s optimistic forecast for Britain to rebound sharply in 2010 with growth of at least 1 per cent, the Organisation for Economic Cooperation and Development projects zero growth for the UK next year — although this is an upgrade to its previous warning of a continued contraction, by 0.2 per cent
Posted by tim miller @ 07:41 PM (158 views) Add Comment
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