Up to date

I need a up to date post for some reason, so i post it first, and i will carry on writing something about economic later on.

I had finished the yesterday post, and i am going to write some numerical facts about UK`s economy, i think it will be useful for the coming exams.


Lord Davies believes that companies should look east for a route out of the recession.

The sub prime crisis leads to banks collapsing, having serious problems and then moved into global consumer confidence deteriorating and across the world, global demand has fallen.

The UK economy shrank by 1.9% in the first three months of this year.
Manufacturing sector had fallen 6.9% which is particularly hard.

It forecast for 2009 as a whole is now for a 1.5% decline in GDP.

UK`s GDP had down 1.9% in the first quarter of the year.

Unemployment continued to rise,The Labour Force Survey measure suggests the trend rise in unemployment is around 60,000 a month and there is high increase number in claimant count.