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The UK economy has exited its longest recession since records began, with GDP growth of 0.1% in the final quarter of 2009.
Figures from the Office for National Statistics (ONS) revealed the UK saw economic growth following six straight quarters of contraction.
UK GDP is now 6% lower than it was at its peak in early 2008. However, the figures will be revised by the ONS in the coming months as more data becomes available and could be reduced to 0% or less.
Britain is the last G20 country to leave recession, with many European economies seeing economic growth in mid-2009. Output for business services and finance industries is thought to have been flat during the final three months of 2009.
Rob Davies explains how best to use the Internet to get a good mortgage deal
The March/April 2010 issue of Your Mortgage is on sale now. In it we look at the pros and cons of Mortgage Payment Protection Insurance; we list the 10 golden rules that every first-time buyer should know; weigh up the relative merits of fixed rates and tracker mortgages and explain how equity release schemes can help older homeowners. Get your copy for the latest news, information and help.
The Your Mortgage Awards aim to reward those lenders that have excelled in providing innovative and competitive products. Widely regarded as the UK's definitive consumer mortgage awards, the Your Mortgage Awards have now been running for 20 years.





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