UK economic output loses five years, says NIESR
Economic growth in theUK”remains subdued” and output will not reach 2008 levels until 2013, the National Institute for Economic and Social Research (NIESR) has said.
You can read their press release here : How have we arrived here? In November 2010, the Chancellor of the Exchequer and Secretary of State for Business, Innovation and Skills launched the ‘Growth Review’ to undertake a thorough assessment of how Government can help create the conditions for growth. One year on, is the programme removing barriers to growth? What are the implications following the Chancellor’s Autumn Statement 2011? Importantly, is growth easy to commit to but hard to actually do? On 15 December (9.00-10.00am) Rose Regeneration and East Midlands Councils are holding an online debate about growth. This is taking place on the Local Economic Growth Network (LEGN) Community of Practice (CoP) – please log on and join the discussion here. Even if you don’t come from theEast Midlands!!