Wednesday, September 09, 2009

Its Official - Recession Over (In UK)

Moving to England? They have public healthcare and the 'National Institute for Economic and Social Research' officially declared their recession to be over.

Next stop California...

Guardian UK: Recession is officially over, according to leading thinktank
The FTSE 100 index of blue-chip stocks pushed close to the 5,000 mark for the first time since the aftermath of Lehman Brothers's collapse 12 months ago, prompting the second multibillion pound deal of the week.

Meanwhile, government figures showed that Britain's hard-pressed manufacturers had cranked up production for a second successive month in August after running down stocks dramatically in the early months of the year.

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