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Worst of the recession is over

An Article on the ILM website says that the worse of the Recession is over but a recovery is by no means guaranteed, the British Chambers of Commerce (BCC) have warned.

It has revealed that confidence has increased and now shows a positive balance for the first time since the third quarter of 2008.

However, David Frost, director-general of the BCC, warned that unless the government takes action to nurture these green shoots, future problems could lie ahead.

Last month, the Centre for Economic and Business Research warned that the recession is likely to be "saxophone shaped" - a phrase it used to describe the sluggish period of growth expected to arrive in 2010.

To read the full article, click here.



This post first appeared on T2 Business Solutions, please read the originial post: here

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Worst of the recession is over

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