Chance of double dip recession increases
The National Institute for Economic and Social Research (NIESR) has said that “The probability of seeing a contraction of output in 2011 as compared to 2010 has risen from 14 per cent to 19 per cent”....
View ArticleAnti ‘double-dip recession’ ammo all gone says Roubini
As far as Nouriel Roubini is concerned the ammunition cupboard is bare of any silver bullets that could stave off a second dip to this recession. “The US has run out of bullets” said the New York...
View Article80% chance of no double dip recession
Both the Centre for Economics and Business Research (CEBR) and the National Institute for Economic & Social Research (NIESR) are projecting slower growth for the UK than the Treasury is. The CEBR,...
View ArticleThe Green Party saw the double dip recession coming
With all the ‘disappointment’ and surprise surrounding the UK’s slip back into recession you would think that no-one had seen it coming. But the Green Party’s economics advisor Dr Molly Scott Cato did...
View ArticleUK dips further into recession
The latest update for the first quarter of 2012 from the Office for National Statistics has amended the fall in GDP from 0.2% to 0.3%. And coming on the back of the GDP fall in the last quarter of 2012...
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