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Brits could find their debt management needs easing in coming weeks as the recession is set to come to an end, one expert suggests.

The UK recovery will not be far behind that of Germany and France, predicts Professor Iain Begg from the European Institute of the London School of Economics.

Rising numbers of Brits holidaying at home will help the economy, as will increasing export demand from other countries, he continues.

However, Mr Begg points out that even after gross domestic product figures improve, unemployment is likely to keep on rising and putting additional pressure on debt management.

Productivity gains of at least one percentage point are needed each year to stop unemployment rising, he explains.

Figures from the Office for National Statistics last month show that gross domestic product decreased by 0.8 per cent in the second quarter of 2009, compared to a fall of 2.4 per cent in the first three months of the year.

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