A report on current state of UK economy and prospects for 2010
2010 will be a difficult year for the UK economy. After the deepest recession since the 1930s, the outlook is for a sluggish recovery. Though recovery is welcome, it still leaves the problem of spare capacity, high unemployment and record levels of peactime government borrowing. It will be a difficult tightrope between boosting economic growth whilst keeping borrowing under manageable levels.
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