The continued UK economic contraction in Q2 has been described by one economist as ‘a disappointing outcome’

Continuing UK recession, Does Nexen open the door wide?

By Ian R. Campbell —— Bio and Archives--July 26, 2012

Canadian News, Politics | Comments | Back To Full Article

Today’s Detailed Commentaries Europe >> United Kingdom: Continuing UK recession Why Read: Because the United Kingdom is an important world economy, and because continuing recession in the UK does not bode well. Commentary: It has been announced that:

‘preliminary estimates are that UK economy contracted by 0.7% in Q2 2012 as a large reduction in the construction sector impacted on this’; with
reference to extraordinary ‘holidays’ being one reason for the decline.

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