United Kingdom Food & Drink Report Q1 2013 - New Market Research Report
We believe that the UK economy is treading water rather than heading into a deep and protracted recession. However, combined household deleveraging and the government's ambitious fiscal squeeze have left the export sector and fixed capital investment as the only viable engines of growth. Unlike previous recessions in which a strong rebound in consumer spending restored the economy to its previous growth trajectory, the household sector is not up to the task this time around, with implications for food and...
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