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CITY VIEWS: WHEN DO YOU THINK THE ECONOMY WILL COME OUT OF RECESSION?

<strong>SIMON DUKE </strong>LLOYD&rsquo;S OF LONDON<br />&ldquo;I expect that by the end of next year we will see signs that the recession has ended, particularly because we&rsquo;ve already hit bottom. It will take time for new jobs to surface and previous jobs to return, but I think the recovery process is underway.&rdquo;<br /><br /><strong>MARK STOOP </strong>BEAZLEY<br />&ldquo;I think the Christmas period will help to boost the economy and we&rsquo;ll start to see signs of recovery. I would expect the momentum from the holiday season to carry over into next year as consumers regain confidence, marking an increase in retail sales.&rdquo;<br /><br /><strong>THOMAS BEASLEY </strong>QBE GROUP<br />&ldquo;I think it will be at least another year and a half before we will be able to genuinely say the recession has ended. In the next eight months or so we might start to see signs of a recovery in some areas, but businesses in other areas may struggle.&rdquo;