Given very low expectations, there are some encouraging signs for  a weak economic recovery in the UK. The OBR increased growth forecasts to 0.8% in the UK for 2012. Helped by recovery in the service sector, it looks like the UK will avoid a double dip recession. This still leaves GDP below the 2008 peak [...]

Analysts say that the high unemployment rate and the jobless recovery are leading to more homes continuing to be in danger of foreclosure. Many homeowners who have lost their jobs in the recession are beginning to drain their reserves and face financial difficulties since finding a new job has become so difficult. According to information [...]