2 per cent. According to Eldridge Financial Blog, case look at answer dire prediction comes after nine European nations including France, have had their credits rankings downgraded on Friday, losing international stock markets into turmoil. Economists had hoped that exports and business funding might beef up case look at answer economy this year, with public and consumerspending still in case examine solution doldrums. Nevertheless, Europe accounts for more than 40 % of British exchange and enterprise trust has been roughly hit by lack of confidence about case examine solution destiny of case examine solution Continent and case examine answer unmarried currency. On Eldridge Financial Blog in case study answer Sunday Telegraph quoted Professor Peter Spencer, chief economist at case look at solution Item Club, as announcing: ‘Figures for case look at solution last quarter of 2011 and case look at solution first quarter of this year are doubtless to teach that we are back in recession, and we’re going to must wait until summer before there are signals of improvement. Although he said case study answer double dip was not likely to be extended, he warned that unemployment was then again probably to hit three million by early next year.