In The Grip Of Recession

The current credit crisis in the euro area and the confidence of consumers, the British once again in the grip of recession.
Institute for public policy research [IPPR] said that the beginning of 2012 UK. However it via soft research that has reduced inflation intensified some. This increase the purchasing power of customers.
Research Institute Chief Economist Tony dolphin said we are going to enter in 2012 and if the UK economy's scenario, the weak. He said that the euro zone's debt crisis is not resolved yet and to gradually cut back in many countries are on the way of kharcho. This output will be reduced as a result the entire euro zone economy recession. face.
After coming to power in May 2010 the UK Coalition Government to reduce public deficits over the next five years in 81 billion pound kharcho [131 billion dollar] announced the cuts, stating that if the dolphin. warn kharcho cuts stand so the economy continued to come in the grip of recession.
He said that out of the recession-hit country is the only way is to increase the purchasing power of people so as to increase demand