With three negative quarters of growth for the UK economy, the latest from April to June seeing a further shrinkage of 0.7 percent, it seems all those ‘green shoots’ the coalition optimistically nurtured have withered and died.
This follows a 0.3 percent drop at the start of the year, and has shocked many economists who did not predict such a fall.
The culprit for these results can be attributed partly to a blighted building sector that is seeing tough times, with output falling by 5.2 percent. Overall p