UK out of recession
25th October 2012
THE UK emerged from double dip recession today as new figures showed the economy grew 1% in the third quarter.
But experts warned that the figure could be overstating the extent of the recovery as it reflected the impact of one-off events, in particular the Olympic Games.
The Office for National Statistics said that while the production and service sectors grew, construction sector output fell by 2.5%.
The economy first went into recession in the second quarter of 2008 and did not emerge until the third quarte......for the full story register now for free or login below...
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