A survey by accountants PricewaterhouseCoopers (PwC) revealed that many business managers are concerned that Britain is heading towards a double-dip recession (whereby the economy goes into recession twice without having undergone a full recovery in between.)
Last week, official figures revealed that the UK economy grew by 0.1% between the October and December period, suggesting that the economy had finally emerged from its worst recession since records began in 1955.
However, the figures were far worse than expected with economists forecasting growth of around 0.4%.
The economy, which contracted for six consecutive quarters, has been …
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February 18th, 2010 at 10:20 pm
during the height of the economic recession, our online and offline business in the US have suffered some major drop in sales. now our sales are getting slowly back to normal.
April 28th, 2010 at 8:07 am
Our home business was really affected by the Economic recession, we have to cut jobs just to cover up our losses. fortunately, we have already recovered. ‘