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Britain crawls out of recession
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Submitted by Masons Accountants LONDON (Reuters) - Britain only just crept out of an 18-month recession at the end of 2009, suggesting any monetary tightening remains a long way off and raising fears about the prospects for recovery ahead of an election due by June. The Office for National Statistics said on Tuesday gross domestic product rose by 0.1 percent between October and December, well below analysts' forecasts for growth of 0.4 percent and lower than all the predictions in a Reuters poll. For 2009 as a whole, the economy shrank by 4.8 percent -- the worst yearly performance since records began in 1949. The Labour government has been banking on a strong bounce back to growth to help overturn its poor opinion poll ratings before an election expected in 100 days, but these weaker than expected figures make a political comeback even trickier. "You can see there is a lot of uncertainty and therefore you would expect as you come out of recession for things to fluctuate," Labour finance minister Alistair Darling said. "I think we are now on a path to recovery ... you need to maintain your support, don't pull the rug from under our feet at the very time that we can see recovery." Sterling fell and gilt futures rose after data, which also showed output fell 3.2 percent from the same period a year ago. From peak to trough, the economy contracted six percent -- far worse than the downturns of the early 1980s and 1990s. 
Our new home - gvt have moved
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Submitted by Gvt (Goodband Viner Taylor) Our firm has stepped back in time to mark the start of a bright new future. We have moved from our offices on Ecclesall Road South into a 130-year-old property on Kingfield Road, Sheffield. Steeped in history, it used to be the home of Arthur Robert Ellin, Sheffield´s Master Cutler, in 1901. We discovered from research that he was the first occupant of the property and decided to call it ‘Ellin House´. Fittingly, the current Master Cutler, Gordon Bridge, cut the ribbon at a special ceremony to mark the official opening which was attended by nearly 50 guests including Arthur Robert Ellin´s great grandson David Ellin. Mark Goodband, gvt´s managing partner, said: "This is the start of a new era for gvt and the staff are delighted with the new surroundings. Because of its history and position, the building has a grandeur all of its own and is absolutely ideal for us and our clients. Parking is easy, which is important, and we are also retaining our geographical position on this side of the city. The new offices are perfect for our business and we couldn't be more pleased to have found them." The firm occupied Ellin House ten years ago as tenants and jumped at the chance of buying it when it came up for sale last year. Guests at the opening included our clients as well as representatives of companies responsible for the refurbishment of the property. Another link between gvt and the Master Cutler´s office is that two years ago AESSEAL, the world-ranking mechanical seal specialists of which Gordon Bridge is chief executive, won a Standing Ovation award organised by the Sheffield Telegraph in conjunction with gvt.
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