UK economy showing signs of improvement

The UK economy has started to improve in the first three months of this year according to the British Chambers of Commerce (BCC).

BCC's latest quarterly economic survey has stated that exports as well as domestic orders are higher than the previous quarter.

The OECD, an international economic think tank, said last week that it expects the UK to contract at the start of the year, taking the country back into recession.

However, on Monday data showed that the manufacturing sector had grown at its fastest rate for 10 months, suggesting that the economy could return to growth after contracting by 0.3% in the last quarter of 2011.

To read the full article, click here (BBC, UK economy 'weak but showing signs of improvement').

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