Sentences with phrase «dip recession before»
Britain's economy could endure a double - dip recession before returning to robust growth in 2013, according to a GDP forecast out today.
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It said the UK would avoid a double - dip recession by registering positive growth of 0.2 % in the first and second quarters, before seeing further improvements in the second half of the year.
2012 saw the double - dip recession begun in October 2011 continue for the first half of the year, before the three months to the end of September 2012 registered growth of 0.9 % boosted by the Olympic Games.
On Wednesday, the day before the rest of us, George Osborne will know whether Britain's economy has succumbed to a triple - dip recession.