Close
Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Search
Your Shopping Basket
Total number of items: 0
Sub total: £0.00
Go to Checkout
Our Birmingham Shop
Our Bristol Shop
Animators Survival Kit

NIESR: Britain already out of recession

9th September 2009

A leading think tank has given further indication that the UK has already emerged from the recession.

Gross domestic product (GDP) output rose by 0.2 per cent in the three months to August, according to estimates by the National Institute of Economic and Social Research (NIESR).

This follows declines of 0.3 per cent seen over the three months to July, reflecting the first time the three-month average has been higher since May 2008.

The research institute believes this reinforces the view that the recession is over, although it is noted that this should not be confused with a return to normal economic conditions.

A statement on the NIESR website suggests that the UK may well now go through a period of stagnation, with output rising in some months and falling in others.

Data published by the NIESR last month indicated that economic activity was picking up in advanced global economies, with its index suggesting that output is rising in more places than it is falling.

Latest Blog
How to Change the World: Stop Harming Women
22/06/2017

Human rights barrister and a researcher at the Gender and Social Justice Centre at Cambridge University, Dexter Dias introduces his new book and explains how we can change the course of the 21st century if we can stop harming women.

The Book that Inspired Pink Floyd and Walt Disney
20/06/2017

We're celebrating the opening this month at the London Palladium of The Wind in the Willows: the Musical with a selection of things you might not know about the bok and its author, Kenneth Grahame.

The Miracle of Creativity's Springs, Coils and Gears
19/06/2017

As his epic new standalone thriller is published, Deon Meyer reflects on the creative process.

View all Blog Entries
Twitter
Show/Hide Tweets
© W&G Foyle Ltd