British Economy Grows by 0.5%

Posted on April 28, 2011 by contentkings No Comments

Modest growth recorded in first quarter of 2011.

Preliminary estimates that the British Economy grew by 0.5% in the first quarter of the new year. While this means that the economy is not going into a ‘double dip’ recession as many had feared, economists predicted that a growth level of less than one per cent would have a profound effect on the economy.

Coupled with surging inflation, the latest figure casts doubt as to whether or not the country will be able to cope with the austerity measures being implemented by the coalition government.The sector that suffered the worst was construction. Financial experts predict that the disappointing result for the first quarter will make an interest rate rise next month unlikely.

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In Focus

in FOCUS – NODE Architects Dave Egan Posted on June 11, 2013

NODE Architects Dave Egan Dave is a graduate of Bolton Street School of Architecture and a member of the RIAI. He worked with Noel O’Dwyer in Sam Stephenson & Company for two years after graduating and joined Duffy Mitchell Architects (later DMOD) in 1997. Over the course of 11 years with DMA/DMOD Dave designed and [...]