UK Enters Double-Dip Recession

Posted by Paul Feakins on April 25, 2012

As the UK enters a double-dip recession I'm glad we operate in the services sector as the drop in output was mostly in construction:

It looks like 2012 Q1 wasn't as bad as 2011 Q4 though so I'm not sure if this really is all that bad and if  you look at the graph on the right 2010 Q4 seems to have been worse than the last two quarters combined but technically wasn't classed as a recession.

Still, not great news.

Full BBC article: http://www.bbc.co.uk/news/business-17836624