Quietly come to the UK in winter, raining, Hanqixiren. However, this is known as the last one out of the economic recession in the developed ice-cold at this time began to feel the warmth. Stock index, housing prices, consumer confidence index, and so can reflect the present and future of the UK economy some of the key indicators are moving in positive direction.
Most people truly feel the "economic mild winter," the advent of the Bank of England - Bank of England governor Mervyn King's latest forecast. Has always been prudent and conservative in his 11th of this month's quarterly inflation at a news conference, said that British economic growth in 2010 full year is expected to reach 2% in early 2011 is expected to reach 4%. However, he also warned that the British economy the road to recovery will be full of twists and turns, can not be taken lightly.
Bank of England quarterly inflation in several held before a news conference, this reporter clearly felt he held the British economy rather pessimistic attitude, always keen to emphasize the United Kingdom road to economic recovery, "a slow and long." Now, he seems to be optimistic than most British economists.
Recent visit to London stock market continues to rise, fully demonstrated the investor optimism on the UK economy, in particular, was the financial crisis to the bottom of the bank shares is singing along. This seems to indicate that the British banking system is stabilized. However, these banks can be maintained, can not but say yes to some extent at the expense of the interests of consumers. Although the Government with an enormous amount of taxpayers money to bank recapitalization, but until now consumers and businesses are still lamenting the difficulties of financing. Therefore, the British Government is working hard to restructure and reform the banking industry, Bank of England also said that right whether to further expand the "quantitative easing" monetary policy, the size of holding an "open attitude."
Reporters obviously felt the UK economy rebound. Although fewer supermarkets discount goods, but supermarkets are still crowds; Although the store discount season is yet to come, but already bustling commercial street; affected by the depreciation of sterling, the British business orders are growing ... ...
Recently a more exciting news - British Airways said it was with the Spanish airline Iberia have reached a preliminary merger agreement, expected to produce the world's third largest airline.
Britain changed the job market also made the people feel the cold winter in the warmth, though the people who have been unemployed Zhengchou with how to "winter", but after all, they want to see back on the job. According to the British National Bureau of Statistics recently released data, although the British unemployment is still rising, but in October the number of applications for unemployment benefits increase was the smallest in 18 months. All along, economists are worried that an increase in unemployment and government debt is a heavy hamper economic recovery and growth in the United Kingdom two factors. Today, the UK job market appeared a long absence, the dawn, which undoubtedly has a force pushing the British economy.
HSBC chief economist Stephen King recently told Xinhua in an exclusive interview that the United States and Britain over the past few years, economic prosperity is largely dependent on the real estate bubble. Therefore, the real estate market is the financial and economic crisis of the direct victims. However, the wrangling, the British housing market has clearly shown signs of improvement, not only do prices rise month on month, the bank recovered the number of mortgage housing is also gradually declining.
In short, the British economy is turning around is a fact. So, when the British National Bureau of Statistics in the third quarter compared with the UK economy shrunk by 0.4%, Central time, many economists expressed doubts, they all believe that this figure will certainly be raised, the British economy and the recession in the third quarter should be good-bye . |
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