Britain Enters a Recession – (it never left…)

25 Jul

The logical response is more high speed rail…

The figures from the Office for National Statisticsare much worse than forecasts for a 0.2pc contraction.

It marks the third successive quarter of contraction, leaving Britain in its longest double-dip recession in more than 50 years. The economy shrank by 0.3pc in the first quarter of the year, following a 0.4pc contraction in the final quarter of 2011…

This morning the Government announced a much-delayed deal for new intercity express trains. It awarded a £4.5bn contract to Hitachi to build 92 intercity trains at a newly-built factory in northern England which will create more than 900 jobs

Meanwhile in other important British news….


Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: