Britain's rise from recession was stronger than previously thought, giving Prime Minister Gordon Brown's governing Labour Party a boost as it moves toward a national election.
Friday's revision of growth in the final quarter of 2009 to 0.3 percent from an initial estimate of 0.1 percent assuaged fears that the country hadn't exited from its recession, but economists warned the improvement remains shaky.
Third quarter gross domestic product was revised downward to a 0.3 percent fall from a 0.2 percent decline, and measures that had boosted the final quarter's figure, such as a break on sales tax and a car scrappage program, ended at the start of this …

No comments:
Post a Comment