Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

UK coming out of recession?

Posted: May 16th, 2012 | Author: | Filed under: UK | Tags: , , | No Comments »

UK unemployment falls 45,000, mortgage lending goes up - are we finally shaking off recession? @
May 16, 2012 1:19 pm via HootSuiteReplyRetweetFavorite
@PaulMacKenzie_C
P MacKenzie-Cummins

The total number of jobless fell to 2.63 million, according to the Office for National Statistics, its lowest level since last summer. That brought the unemployment rate in the first quarter of 2012 down to 8.2%, from 8.4% in the last three months of 2011.

Read more about UK coming out of recession? (235 words, 6 images, estimated 56 secs reading time)