Blog
GDP set to take 6 years to reach the last peak
Geoff Riley
23rd July 2009
The National Institute of Economic and Social Research think that the economy recovery will be long and slow, a hard slog from the trough with the economy having to adjust to a permanent loss of national output as a result of the recession. In this BBC news video report Stephanie Flanders takes a quick look at 2008 - the year when the cycle turned.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.