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| CBI revises economic forecast following positive data |
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| Latest Recruitment News - HR and Recruitment Legislation News |
| Written by DirectNews Feed |
| Wednesday, 22 September 2010 00:00 |
 People searching for finance jobs in London might be interested to note the Confederation of British Industry's (CBI's) views on the state of the UK's economic recovery.According to the business organisation, the country's economy will continue to expand at a "slightly faster pace in 2010 than had been expected", which may be positive news for people working in the City of London and across the rest of the nation following the recession. In its latest fiscal growth forecast, the CBI has estimated that the economy will expand at a rate of 1.6 per cent in the whole of 2010, which represents an increase on the level of 1.4 per cent estimated in June. The organisation - which has the objective of creating and sustaining prosperous business conditions in the UK - has attributed this upward revision primarily to the better-than-expected growth seen in the second quarter of 2010. However, Richard Lambert of the CBI has warned that "the degree of uncertainty around the outlook remains high". Posted by James Strang 
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