Monday, June 15, 2009
It’s going to be slightly less bad than grim
The recession will be shorter and less severe than previously expected, according to the CBI, which now predicts that 200,000 fewer jobs will be lost. Britainâ€™s leading business organisation has revised its forecasts for the economy, showing output growing from January next year and unemployment peaking at 3.03 million. SO THAT'S NICE THEN!