IF 2011 was widely expected to be the year we pulled out of the economic slump precipitated by the banking crisis of 2008, it didn't turn out that way. The green shoots of recovery that emerged were nipped by frost in most sectors and we enter 2012 with the expectation of a difficult year to come. One source of comfort is that, if the Eurozone countries avoid major debt defaults, the Organisation for Economic Cooperation and Development predicts the UK will return to growth in the second half of the year.
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