The UK Fights Back

In tough economic times, government continues to support innovation in optics. The UK economy has had a tough slog in the past year and a half. At the end of September, the government reported that the gross domestic product shrank by 0.6% in the April to June period, marking five consecutive quarters of contraction. The 5.7% drop in that time doubles that seen during the recession of the early 1990s, and even approaches the 6.4% contraction witnessed in 1980-81.
There are signs of improvement. The government predicts growth in the July to September period, and possibly even ...
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