”PwC

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 …

Read the original article at Fnancemarkets

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks

Most Commented Posts

More similar stories:

  1. BoJ Tankan survey reveals sentiment up in Japan
  2. Zoopla survey reveals housing market optimism
  3. Facing tight credit during recession, more people use debit cards, survey shows
  4. House panel approves consumer protection agency
  5. Consumer protection bill approved
  6. US economic growth figures revised downwards
  7. Consumer Financial Protection Agency: an overview
  8. US economy growth figures revised upwards
  9. Threat of ‘double dip’ recession remains
  10. A look at the Consumer Financial Protection Agency

  • PPF: DB pension scheme deficit falls in February
  • 25 of the best money saving websites
  • Stirling Moss: ‘I bought the land for my house for £5,000. It’s worth £10m now’
  • 41% of over 50s set to make most of ISA allowance
  • Men are more likely to become insolvent than women
  • Failing to switch means failing to save

One Response to “PwC survey reveals fears over double-dip recession”

  1. 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.

Leave a Reply