Monday, Oct 20, 2008

Accountant's outlook on the economy

Ernst & Young: Out of the financial frying pan into the fires of recession

The Ernst & Young ITEM Club Autumn forecast. * A short and shallow recession. * Credit conditions will continue to remain tight. * But scope to cut interest rates dramatically. * Corporate sector will struggle and employment will fall. * Consumers will continue to be stretched. *Hard to see the bottom of the housing market. * Light at the end of the tunnel?

Posted by 51ck-6-51x @ 10:18 AM (151 views) Add Comment

No comments have been submitted.

Be the first person to add your comment by completing the form below.

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies