Finally!

The UK economy has come out of recession, after figures showed it had grown by a weaker-than-expected 0.1% in the last three months of 2009.

The economy had previously contracted for six consecutive quarters – the longest period since quarterly figures were first recorded in 1955.

There have been recent recovery signs – last week UK unemployment fell for the first time in 18 months.

The UK’s had been the last major economy still in recession.

Europe’s two biggest economies – Germany and France – came out of recession last summer. Japan and the US also emerged from recession last year.

via BBC News – UK economy emerges from recession.

Tags: Economy, UK