UK economy stabilising but recovery will be slow warns CBI

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UK economy stabilising but recovery will be slow warns CBI

Economy Discussion of the UK economy and economic news.

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06-15-2009, 09:18 AM

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UK economy stabilising but recovery will be slow warns CBI

Britain’s largest employers’ group, the CBI, has warned today that even though Britain’s economy is showing signs of stability, recovery will not be until early 2010.According to the organisation, the economy will shrink by 3.9% over the course of this year before seeing a return to growth of 0.7% in 2010.CBI director general Richard Lambert [...]

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