It’s all over the media this morning…the British economy is growing at the fastest pace since the financial crisis struck seven years ago, official figures will confirm today. The latest positive sign on the economy came as Vince Cable, the Business Secretary, said Britain is now experiencing “a real recovery” and business leaders spoke of “real upsurge”.
However, he also warned that there were significant risks to a sustained recovery, particularly the housing market. Official figures are expected to show the economy grew by around 0.8 per cent in the last quarter of 2013. That would mean growth last year of 1.9 per cent in all, the biggest annual expansion since 2007, when the financial crisis began. The UK economy is still smaller than it was when the crisis struck – and many households are poorer. But figures suggest that consumers and businesses alike are increasingly confident about the future.
“There has been a positive change in economic sentiment over the last six months or so. A real recovery is taking place,” Mr Cable said on Monday night.
If the positive upturn is expanding your business and you need larger office premises, then speak to Manchester office agents, Canning O’Neill who have a range of offices to let Manchester, Salford Quays and South Manchester.
Source: Daily Telegraph.