Recession over by Christmas, says CBI
"The CBI has given Gordon Brown a boost as he attempts to revive the government's fortunes, predicting that Britain should emerge from recession by the end of the year.
"As the prime minister prepares to rally his party at next week's Labour conference, the business lobby group has published its forecast today saying that Britain will emerge from the worst recession in decades by the end of this month as consumers rush to the shops ahead of January's VAT increase.
"In its latest health check of the British economy, the CBI said gross domestic product would grow by 0.3% in the third quarter of the year and by 0.4% in the final three months, after five consecutive quarters of contraction." Read on...
Pour citer cette ressource :
"Recession over by Christmas, says CBI", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), septembre 2009. Consulté le 09/12/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/recession-over-by-christmas-says-cbi