The recovery of the British economy is set to slow to snail’s pace at the beginning of 2011, although the risk of a double dip recession is now low, according to the Confederation of British Industry (CBI).
The organisation predicts growth in quarter one next year will be at just 0.2 per cent year on year. For the whole of 2011, CBI expects the economy to grow by 2 per cent, followed by 2.4 per cent in 2012 and described the latter figure as “subdued for this stager of the recovery”. “The…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
