Recession Issues

Economic crisis isn't over yet. This may not even be the beginning of the end

Statistically, the UK is out of recession – but it took an Olympian effort to achieve even this fragile upturn

'The economy emerged from recession – but not from crisis – thanks to several one-off factors such as the Olympics and Paralympics.'
'Make no mistake, news that Britain's economy grew by 1% in the third quarter of 2012 does not mark the end of the downturn that began more than five years ago, even though it is tremendous morale booster for a government that has had its back to the wall in recent months.'
 -Larry Elliot, Thurs 25th Oct 2012, 20:36 BST

 http://www.guardian.co.uk/business/2012/oct/25/econopmic-downturn-isnt-over-beginning-end

*When will it fully be over? Will the money issues settle within a year? How long will the  repercussions of the recession last? (Laura)