The UK recession isn’t easing. Unemployment has officially overshot the two million mark, redundancies have reached a record high and the value of the pound is plummeting fast.
Despite these gloomy statistics some industries are literally thriving as a direct result of the adverse economic conditions. The budget sector in particular is enjoying record growth with companies such as Travelodge planning massive commercial property expansion. The budget hotel chain has exchanged on twelve new hotels recently and is expanding into prime locations that pre recession would have been unavailable to them.
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