UK government receives timely boost
In what must have been the worst two weeks in the political life of Gordon Brown it looks as though there is the possibility of a silver lining. The National Institute for Economic and Social Research has highlighted the first increase in industrial output in the UK for more than 12 months, prompting suggestions that the economy is turning. While there is still some way to go until we see a fully fledged recovery in the UK the latest report is one of the more optimistic and positive we have seen for some time.
When you consider that just a few days ago both Gordon Brown and Alistair Darling could have been ejected from their seats of power in the UK government, this report today will seem like something of a godsend. However, before the Labour MPs and the UK government get too carried away, as we have seen on a number of occasions there appears to be an emerging difference of opinion with regards to the UK economy, with some suggesting a recovery this year and others believing it could take up to 2 years.
In Gordon Brown's shoes any sign of recovery between now and election day next year would be very well received and could possibly make the next general election a lot closer than many expect.
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