The UK economic recovery is in a precarious state as we enter the second half of 2011.
The IMF suggests that weak UK growth is the result of "temporary deviations." But many other commentators are concerned that with the UK economy all but flatlining - and with the full impact of public spending cuts yet to be felt - a double-dip recession is a real possibility.
The outlook for UK industrial relations is also problematic. It remains to be seen if yesterday's day of strike action in protest at public sector pensions will give rise to further mass walk-outs. Business Secretary Vince Cable argues that "cool heads" and "further engagement" between the Coalition Government and trade unions are required. He has also suggests that further disruptive strike action could result in a "tightening of strike law."
The July 2011 XpertHR economic commentary presents an overview of economic prospects for the remainder of 2011, focusing on economic measures of direct relevance to HR and employment professionals and to reward specialists. We also look in more detail at what US economic prospects might mean for the UK, and at the current state of UK industrial relations.
The IMF suggests that weak UK growth is the result of "temporary deviations." But many other commentators are concerned that with the UK economy all but flatlining - and with the full impact of public spending cuts yet to be felt - a double-dip recession is a real possibility.
The outlook for UK industrial relations is also problematic. It remains to be seen if yesterday's day of strike action in protest at public sector pensions will give rise to further mass walk-outs. Business Secretary Vince Cable argues that "cool heads" and "further engagement" between the Coalition Government and trade unions are required. He has also suggests that further disruptive strike action could result in a "tightening of strike law."
The July 2011 XpertHR economic commentary presents an overview of economic prospects for the remainder of 2011, focusing on economic measures of direct relevance to HR and employment professionals and to reward specialists. We also look in more detail at what US economic prospects might mean for the UK, and at the current state of UK industrial relations.
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