Wednesday, October 1, 2008

UK Economy Facing Lengthy Recession

Even before the recent problems in the financial markets, the UK economy looked to be heading into recession. Economic growth was 0% in the second quarter Now, the recession could be much deeper than previously anticipated.Bad News on EconomyFalling House prices reducing consumer confidence and consumer spendingProblems of Bradford & Bingley and HBOS will lead [...]

Read More...

[Source: Finance Blog]

No comments: