Brown forecasts economic growth this year

People looking for permanent jobs in London have been boosted by further forecasts of improving economic conditions.

According to prime minister Gordon Brown, signs of growth in the economy are likely to be seen before the end of
this year.

However, he said that the government will continue with its current policies until it is certain that the economy has fully recovered from its recent slump.

Speaking to BBC Radio Five Live, Mr Brown said: "We will continue to maintain the fiscal stimulus, as all other countries are doing around the world."

Unemployment in the UK is currently at 2.47 million - the highest level in 14 years.

However, Mr Brown's optimistic assessment that the recession may be over is in line with other views that have been expressed in recent weeks.

Earlier this week, the CBI predicted that in the third quarter of 2009, gross domestic product in Britain will go up by 0.3 per cent.

Updated: 29 September 2009.
Categories: human-resources, market-and-industry-news.