Bleak Q4 Numbers May Point to UK Recession Slide



Yesterday, a report we made alluded to a lack of productivity in the UK being a major factor in the nation’s slow recovery from the recession. Today, a report by CIPS (PDF) on the Purchasing Managers’ Index (PMI) shows the first dip in activity in the last two years. The data leads experts to the conclusion that the UK economy actually shrank in 2012.