While warning against overly-pessimistic views of the current rate of growth, the CBI said that the UK is likely to experience relatively weak growth over the remains of 2011 and 2012.
CBI director-general John Cridland and chief economic advisor Ian McCafferty spoke to journalists at a press conference on Friday last week. They gave a detailed economic forecast, explaining the CBI’s opinion on how best to move the economy forwards to pre-recession growth. Despite the Japanese Tsunami’s effect on automotive supply chains, the spiralling US public…
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