Sunday 3 January 2010

There are tough times ahead but my money's on a resurgent UK

Telegraph
"In economic terms, 2009 was one of the most calamitous years in the nation's history. I suppose it is fitting that forecasters should have shared in this misery, professionally as well as personally. .....What's more, when the recovery does come, firms are likely to work existing employees harder rather than take on extra staff. I would therefore not be surprised to see unemployment rise to over 3m by the end of the year and to stay around that level for several years."

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