Slow Economic Growth Fuels Fears Over Pace of Recovery

Western Daily Press › April 28, 2011

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Summary

Fears over the pace of the UK's economic recovery were fuelled yesterday after new figures showed a tepid turnaround from the snow- bound end to 2010.

Gross domestic product (GDP) - a broad measure for the total economy - grew by 0.5 per cent between January and March, reversing a shock decline of 0.5 per cent in the final quarter of 2010, the Office for National Statistics (ONS) said.

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Extract

Slow Economic Growth Fuels Fears Over Pace of Recovery

But while the UK has dodged a double-dip recession, the ONS warned underlying growth was broadly flat and the economy has ...

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