Britons get gloomier – long, hard revival to come

MG6 cars sit on the production line at the MG Longbridge factory in BirminghamLONDON (Reuters) – Britons turned gloomier last month as a slump in construction pointed to an even deeper recession and producers ramped up prices, highlighting the long and difficult road back to economic health. The economy has not fully recovered from the downturn caused by the 2007-2009 financial crisis, with many Britons left poorer as meagre wage growth has been eaten up by rising prices and government tax hikes. Central bankers and politicians have only limited options to support the economy. …



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