Fri, 03 Feb 2012 07:16:20 GMT
UK to fall into recession this year
The economy of the UK is expected to fall into crisis in the first half of 2012 as households continued to reduce spending, said a person familiar with the matter. The government has to ease its prudent policies to boost growth, claims Niesr. The UK economy is likely to contract by 0.1% this year but expend by 2.3% in the