UK Recession not as bad as initially feared

It was feared that the UK Economy had fallen by 0.7 per cent a few months ago. However it was announced this week that actually, the negative growth was more like 0.5 per cent. Although this doesn't sound very significant it is a very reassuring sign.

It is thought that the decline in industries such as construction were much smaller and if the government is to stimulate the economy by spending on new projects the industry will benefit even more. However some economists argue that the UK's economy isn't in decline at all. Actually it is in zero growth and is stagnant. If it wasn't for factors such as the extra public holiday for the Queen's Diamond Jubilee, the economy may not have slipped into negatives at all.

Latest new feature!

Looking for a definition of a business word? Want to look up a phrase used in one of the Business With Ease articles?

Head to the Glossary page to find out more!

Newest Article

What is a Franchise?

• Featuring Call of Duty, Subway & McDonald's
• Definitely worth a read

Business and Economics Articles:

You've made it this far. Why not look to the right of this homepage and read some of the site's content. You may even learn something...   ----->

The Latest Must Read Article

What's the Economy?

Apparently, the term "Money" is useless. I have been told that "Capital" and "Savings" are two such substitutions for "Money" 

Welcome to the new business blog! If you are studying Business and / or Economics at GCSE or A Level, you have come to the right place! Or maybe you're just looking for some business tips? Either way I am here to help! If by some chance an article doesn't cover your question then simply leave a comment or email the creator (That's me!)

p.s. The blog is currently under construction so will lack content in the construction period!!
Thank you - Your Virtual Tutor Sam Wareham