Posts From April, 2013

Meet our new member of staff!! 

Sunday, April 07, 2013 4:10:00 PM Categories: Whichers IFA

Rory

Meet Rory, our latest, and cutest, member of staff. He is working closely with John Burrows on all aspects of financial advice, particularly eating sticks and biting feet. He is yet to pass his Diploma but spends most evenings studying towards this.

UK to avoid triple dip recession 

Monday, April 01, 2013 9:32:00 AM Categories: Economy

The UK is set to avoid falling back into recession, according to the British Chamber of Commerce (BCC). They believes a strong performance by Britain's service industries during the first three months of the year has kept the economy growing. The weakness of the pound has also given exports a boost, it said.

The BCC's survey of more than 7,000 firms also showed improvements in the manufacturing sector, although employment had weakened.

David Kern, BCC chief economist, said the results suggested the economy had continued to grow in the first three months of 2013. He said this was contrary to the picture of the economy being painted by official figures. "These results provide a glimpse of the as-yet-distant sunlit uplands of recovery. The survey reinforces our assessment that recent [official] gross domestic product figures have exaggerated the weakness of the UK economy and the volatility in output," he said.

"If an announcement of negative growth in the first quarter is misleadingly described as a triple-dip recession, confidence will again be damaged unnecessarily."