British Economy. Threat of Recession Still Looming

... factor on the country’s economy and foreign trade has been fading with the depletion of oil and gas fields on the North Sea shelf and production cutbacks, turning the UK into a net importer of energy resources. These are the main obstacles along Great Britain’s way out of recession and impeding accelerated economic growth. Economic Policy Guidelines Photo: accountancyage.com Elizaveta Gromoglasova: Britain's Search for a New European Policy To overcome these obstacles, the UK coalition government has worked out a development ...