A series of economic surveys has provided fresh evidence that the recovery is gathering momentum and the double-dip recession is finally over.

Industrial production is providing evidence that the recovery is gathering steam as per The Daily Telegraph
By Philip Aldrick, Economics editor :20PM BST 07 Sep 2012110

UK industrial output soared at the fastest rate in 25 years in July, according to official data, manufacturing output posted its strongest monthly rise in a decade, and the economy grew by 0.2pc in the three months to August, the National Institute of Economic and Social Research (NIESR) estimated.

Manufacturing output jumped 3.2pc in July on the month, after a drop of 2.9pc in June, when the extra bank holiday for the Diamond Jubilee hit activity, the Office for National Statistics (ONS) said. It was the strongest rise since July 2002 and well above forecasts for a reading of a 2pc increase.
The wider reading of industrial output, which includes energy production and mining, climbed 2.9pc in July, after sliding 2.4pc in June. It was the fastest pace of growth since February 1987 and nearly double the consensus forecast.
Howard Archer, chief UK and European economist at IHS Global Insight, said the rebound provided a “significant lift” to growth prospects after the 1.2pc contraction in the economy in the nine months to June.
The figures provided some relief after the Organisation for Economic Co-operation and Development warned that GDP would fall by 0.7pc for 2012 as a whole, a forecast described by experts as “overly pessimistic”. On average, economists expect the economy to shrink by 0.2pc this year – due largely to the weak first six months.