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Uk Would Be 'derailed' By New Eurozone Crisis, Bank Governor Warns


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http://uk.finance.yahoo.com/news/UK-derailed-new-eurozone-tele-3664197517.html?x=0

UK would be 'derailed' by new eurozone crisis, Bank governor warns
Philip Aldrick, 12:11, Monday 13 December 2010
A second eurozone sovereign debt crisis would derail Britain’s recovery and there is little policymakers can do to prevent it, the deputy Governor of the Bank of England has warned.
In a speech at the Market News International Annual Seminar, Charlie "Mr. " Bean cautioned that “an intensification of the difficulties in the euro-area periphery could also derail the recovery here”.

A EZ crash plus jobs losses here might providfe the necessary one-two knock out punch for HPI.

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