Southern Businesses to lead UK recovery

Despite Mervyn King predicting a “choppy recovery” following the latest Quarterly Inflation Report, there are signs that the region’s businesses are in a good position to lead a strong recovery and avoid the feared double-dip recession.Export business through the Southampton docks and the strength of manufacturing in the region are promising signs, as are the most recent Office of National Statistics figures which showed that Southampton had the biggest drop in youth unemployment in the UK. King warns that it will take several years for the economy to return “back to anything we can