April 19th, 2010

UK economy to 'languish in doldrums', forecaster warns (BBC)

The UK economy will remain stuck in the doldrums this year with growth of 1% or less predicted in 2010, a leading forecaster has warned. The Ernst & Young ITEM Club, which uses the Treasury's economic model for its forecasts, said the immediate prospects for the UK were "dismal".

Read more: http://news.bbc.co.uk/1/hi/business/8628859.stm

Unemployment in the UK is now 2.45 million, down 33,000 on the previous figure. It is the third consecutive time the jobless total has fallen.

Read: http://news.bbc.co.uk/1/hi/business/7789784.stm