Posts Tagged ‘ons uk’

  • Forex Market Commentaries - UK Heading To Double Dip Recession

    The UK Economy Edges Closer To A Double Dip Recession

    Jan 25, 12 • 2866 Views • Market Commentaries Comments Off on The UK Economy Edges Closer To A Double Dip Recession

    The British economy shrank by 0.2% in the fourth quarter of 2011, according to official ONS figures, edging closer to a recession (defined in the UK and Europe as two or more consecutive quarters of contraction). This is worse than economists expected, having...