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CITY VIEWS: DO YOU BELIEVE THE UK ECONOMY IS OUT OF RECESSION?

ADE ABIOSE | CAVENDISH WEALTH MANAGEMENT
“Personally, I’m still cautious. The main reason for thinking the economy did grow again is the better outlook for property. But I think that was fuelled by home movers pushed by low interest rates, not by first time buyers. We may be edging out, but we’re not clear of the woods yet.”

VASSIL NIKOLOV | BRIT INSURANCE
“From what I see in the City, people have a positive attitude towards 2010. Property demand in central London only dipped marginally anyway and is now showing signs of recovery, as is consumer demand. People are still cautious but optimistic that this year will be better.”

GREG KILMINSTER | COMPLINET
“I think it is credible to believe we are now out of recession, yes. From what I have seen in the City, the activity in the job market, and improved trading, everything is improving. I’m not too worried about a double dip recession, either – I’m cautiously optimistic that we’re over the worst.”