Tag Archives: Office for National Statistics

UK no longer in recession

It is official the UK is no longer in recession BUT it barely crawled out of negative growth in the final three months of 2009 according to official figures.

The marginal 0.1% growth between October and December ended a record six straight quarters of decline but was well below the 0.4% expected increase. The Office for National Statistics (ONS) figure is only a first estimate and may be revised higher – or will it be lower ?