Commenting on the Bank of England’s decision to pump an extra £50bn into the UK economy , the Financial Secretary to the Treasury has said he expects the economy to return to growth by the end of the year. However, in a statement, the Bank of England have said that the UK recession "appears to have been deeper than previously thought.”

While the future of the economy remains uncertain and cost-saving remains at a premium, increasing numbers of companies are bringing down their operating costs and maintaining their profit margins by outsourcing their non-customer facing projects to specialist, external providers.

You can learn more out more about the benefits of outsourcing in the current economic climate here.