News Tag: G8
June 15, 2009
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 comments: "The ...
UK economy stabilising but recovery will be slow warns CBI
by Kay Murchie
June 14, 2009
At a meeting in Italy yesterday for the Group of Eight (G8) industrialised nations, it was acknowledged that there are signs of stabilisation in the world’s leading economies.
G8 ministers said stock markets were rising, interest rates more stable, and consumer confidence was returning.
However, finance ministers reluctantly admitted that the global situation still "remains uncertain” and the ...
G8 nations acknowledge signs of stability in world’s largest economies
by Kay Murchie
