UK will avoid double-dip; Goldman conflicts in Lloyds deal - papers

Britain's gross domestic product is expected to have expanded 0.4% in the first quarter of 2010, according to a survey of City economists.

That matches the growth seen in the final three months of 2009, when the UK emerged from its deepest peacetime recession since the 1930s, The Telegraph reports. While all but one of 32 economists surveyed by Bloomberg expect growth, there is some potential for surprise. Experts are not sure what impact the heavy snowfall had in January. Since then, the country's manufacturing sector has rebounded, alongside better data from the high street and housing market. The estimate for the first three months is the first of three to be released by the Office for National Statistics. It will be ...