Tuesday, July 31, 2007

It came as the cost of corporate borrowing on credit markets scaled new peaks and it became clearer still that the evaporation of cheap money will be a longer and more drawn out process than traders had hoped. In a volatile day of trading, the closely wat

Credit crunch 'threatens growth'

Market turmoil in London and Wall Street threatens to slice almost half a percentage point off Britain's economic growth and leave a major dent in the housing market, the City has been warned.

Posted by chris :-)) @ 05:50 AM (21 views)
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