New Market Report: United Kingdom Food & Drink Report Q2 2013
Although we believe that the UK economy will strengthen in 2013 compared with last year, with exports and investment being the main drivers, it still remains in a fragile state and is vulnerable to the government's fiscal austerity drive and turbulence in the nearby eurozone. Unlike previous recessions in which a strong rebound in consumer spending restored the economy to its previous growth trajectory, the household sector is certainly not up to the task this time around, with implications for...
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