City warns: economy to slow further July 2, 2008 The UK economy, already in its weakest state since the early 1990s recession, is set to slow further, top City economists warned yesterday as the UK was hit by a triple whammy of bad economic news. Data released yesterday revealed that the manufacturing sector contracted at its fastest rate in seven years last month, the [...]
Economy ready to bounce back October 31, 2005 The economy looks set to rebound strongly with growth exceeding 3 per cent by April 2006, according to a study from accountancy firm BDO Stoy Hayward, writes Helen Power. This is in line with Chancellor Gordon Brown’s forecasts which have until now been dismissed as over-optimistic. Brown has said that GDP will grow by between [...]