U.K. to Avoid Recession as ‘Sunlit Uplands’ Glimpsed, BCC Says

The U.K. economy will avoid another recession and exports will help propel a “modest” recovery this year, according to the British Chambers of Commerce.

The BCC’s gauges of domestic and foreign demand at manufacturers and services companies all rose last quarter, the London-based group said in a report today, with the export measures close to a record.