UK economy picking up, surveys suggest | Business | guardian.co.uk
Britain is starting to see green shoots of recovery as business activity picks up, companies continue to hire new staff and consumers start to spend again.
A series of surveys published on Monday suggest the UK is on the road to recovery after its double-dip recession,..
A revision by the Office for National Statistics (ONS) has cast doubt on the UK's double-dip recession last year.
Revised growth estimates now suggest the construction industry shrank in the first quarter of 2012, but by less than previously thought.
Analysts say the revision may be enough to mean the overall economy narrowly avoided falling into recession for a second time.
The ONS is due to give official confirmation of this in June.