UK economy grew 0.9% for the year 2011
The UK economy has shown growth of 0.9% in the last year amidst a weak EU economic performance during 2011. In the last month, December 2011, public sector borrowing was down by £2.2 billion to £13.7 billion and puts UK on track to meet its spending target of £127 billion for the 2011-2012 financial year.
This positive and progressive outlook of economy has helped UK maintain its international credit rating and increased confidence among existing and potential entrepreneurs.