Summary
THE UK economy could slide lower for another year and take a further two years to return to its pre-recession level, a gloomy forecast warned yesterday.
The National Institute of Economic and Social Research's (NIESR) latest estimates predict a 1.5% decline in the first quarter of 2009 - almost on a par with the 1.6% contraction seen in the final three months of 2008.See the full content of this document
Extract
Current Recession Similar to '80s Profile
NIESR says the rate of decline seen in the current recessio...
See the full content of this document
Sponsored links
