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    Tuesday 26 January 2010

    UK economy emerges from recession

    The UK economy has come out of recession, after figures showed it had grown by a weaker-than-expected 0.1% in the last three months of 2009.
    The economy had previously contracted for six consecutive quarters - the longest period since quarterly figures were first recorded in 1955. There have been recent recovery signs - last week, UK unemployment fell for the first time in 18 months. The UK's had been the last major economy still in recession.
    Europe's two biggest economies - Germany and France - came out of recession last summer. Japan and the US also emerged from recession last year.
    source: BBC

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