Over the past few weeks many industry officials and groups were convinced that Britain was at last coming out of the other side of the recession. It was widely expected that official third quarter figures would show that there had been an increase in economic output and that the nation would officially be out of recession. (more…)
Tags: Quantitative easing, Alistair Darling, Mervyn King, Recessions, Macroeconomics, Late 2000s recession in Europe