UK recession may have ended three months ago

Never fear, mates. The UK recession may have ended as long ago as March, says NIESR. It has not exactly been a robust recovery but there appears to have been slight upticks in growth in both March and April, the think tank says. The pound is performing robustly this afternoon amid the green shoots, relative to the EUR at least. The cross is down at 0.8565, the lowest level since December.