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Confidence high as UK predicted to exit recession

26th January 2010

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OFFICIAL figures due this morning are set to confirm that the economy came out of recession in the last quarter of 2009.

The economy has contracted for a record six consecutive quarters - making this downturn the longest and deepest since record began - but the signs of green shoots of recovery have been seem of late.

Last week it was revealed that unemployment in the UK fell for the first time in 18 months. The majority of retailers also fared well over the Christmas trading period.

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