Friday, Aug 22, 2008
Recession = rapid house price fall
BBC News: UK economy comes to a standstill
The Office for National Statistics said the economy stalled, showing no growth from the first quarter of 2008. It ends a run of more than 15 years of consecutive growth in the UK. "For years Gordon Brown boasted about consecutive quarters of economic growth," Shadow Chancellor George Osborne said. "Now economic growth has ground to a halt and Brown's bubble has burst."
Posted by mytimeisnigh @ 11:14 PM (383 views) Add Comment
2 Comments
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2. David Gerard said...
Everyone has given up and now just sits in their house humming and staring into space. http://notnews.today.com/2008/08/23/uk-economy-comes-to-a-complete-halt-everyone-gives-up-and-go-home/