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Finance jobs workers to be buoyed by GDP data? PDF Print E-mail
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Latest Recruitment News - HR and Recruitment Legislation News
Written by DirectNews Feed   
Wednesday, 27 October 2010 00:00
Finance jobs workers to be buoyed by GDP data? People in finance jobs in London may have reason to be buoyant about the near future, if one expert's comments regarding the state of the UK's recovery following the global economic downturn are to be believed.

According to Michael Baxter, editor of online resource Investment and Business News, the fact that the UK's gross domestic product (GDP) expanded over the duration of the third quarter of the year is not surprising.

Mr Baxter stated that such indicators as the Purchasing Managers Indices have been "holding up reasonably well" recently acted as a clear signal that the nation would experience growth.

Official figures from the Office for National Statistics published yesterday (October 26th) displayed the fact that the country's GDP expanded by 0.8 per cent in the third three-month timeframe of 2010, which surprised some analysts.

However, Mr Baxter concluded that the nation has been showing signs of growth consistently over recent times.

Posted by James Strang
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