RBS: No economic recovery until at least 2011

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RBS: No economic recovery until at least 2011

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08-11-2009, 10:28 PM

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RBS: No economic recovery until at least 2011

The RBS (RBS) warned this week that the UK’s economy will not start recovery until 2011.Stephen Hester, chief executive, expects unemployment to continue rising.The journey to economic recovery will be a “marathon” rather than a “sprint”, Hester said.“I believe we are coming out of the problems but when we start coming out it doesn’t mean [...]

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