Slow pace of UK economic recovery revealed

<p>The UK’s economy is recovering slowly.</p>

The slow pace of the UK economic recovery has been revealed by a new report.

New analysis carried out by the Trades Union Congress (TUC) found that the UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund.

It is claimed in the report that UK income per head, which records economic growth that takes account of population change, is not due to return to its pre-crash level until 2017.

But income per head in Germany and the US is set to be over ten per cent higher a decade on from the financial crisis, it is noted by the TUC.

Frances O'Grady, general secretary for the TUC, stated this is a "lost decade" for growth in the UK, adding: "While other countries are already seeing a rise in economic output, the UK won't return to its pre-crash level for another four years."

Earlier this year, the UK recorded 0.3 per cent growth for the first quarter of the year, helping the country to avoid a triple-dip recession.

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