Mon, 16 Jul 2012 08:09:09 GMT
The UK economy might recover by the end of 2012
ITEM Club from Ernst & Young,
British leading forecasters, considered the UK may exit the recession
period by the end of the year. The growth will be achieved by falling
inflation and an increase in consumer spending. Peter Spencer, chief
economic adviser at ITEM, expect disposable income to climb by 1.5%
during last quarter of 2012. Though, during the first quarter of 2013
household income might