Return to flight: As the UK creeps out of recession, there are positive signs for UK manufacturing sectors such as aerospace

摘要

The UK is just a few weeks into the uncharted waters of leadership by a coalition government and details of the new economic policy are as yet unknown - likely only to emerge when we hear the contents of the planned Budget. The future economic landscape remains uncertain, but it will be formed against the backdrop of an unprecedented recession originating in 2008, with meagre economic growth only returning to the UK in the final quarter of 2009. This growth has been led, somewhat unusually, by a recovery in manufacturing output, Overall, manufacturing showed quarter-on-quarter growth of + 0.8 per cent in the fourth quarter of 2009 and then a further +1.2 per cent in the first period of 2010.