White Goods - UK - April 2010
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The white goods sector has been hit hard by the dual impact of the recession and a slump in the housing market, with sales declining sharply in both 2008 and 2009. However, following two very tough years, a return to a positive growth cycle is long overdue and there were signs towards the end of 2009 of a partial recovery in sales. The big question is, will this recovery be able to be sustained into 2010, particularly given the uncertain economic outlook following the general election?
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