UK says worst of recession is over

2009-12-31 15:11

 

The worst of the recession is over and Britain’s economy will

slowly recover in 2010, Prime Minister Gordon Brown said in a New Year’s message.

In his message, broadcast from his official Web site, Brown said

that he is confident that unemployment will start to drop and more small

businesses will begin to flourish in the coming year.

His last year-end message was more somber, warning about the

difficulties of coping with the economic downturn.

Brown said Britain has learned from previous recessions and that

his government’s decision to intervene in the banking sector has paid off.

“We have already seen off the worst of the recession,” he said,

adding that his first priority for the new year is to secure the recovery while

cutting the deficit.

The leader promised to “get Britain moving again” by investing in

areas including high-speed rail, aerospace and clean energy. He also said

counterterrorism will be his focus next year.

Brown did not mention the general election that must be held before

mid-2010 and that is widely expected to sweep his Labour Party out of

office.

However, he made an indirect appeal to his party’s core voting base

- the middle-class - not to allow the opposition Conservatives to seize

power.


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