Thursday, August 28, 2008

A Dose of Reality at Last?

Deepening recession may throw Britain into full-year GDP fall

"Britain's economy is set to shrink over the next year as a deepening recession inflicts the first full-year fall in national income since 1991, a leading forecasting group predicts today." .......................... "The Chancellor is expected to bow to the inevitable in the autumn and downgrade drastically his present forecast that the economy will grow by at least 2.25 per cent next year."

Posted by renting2 @ 10:25 AM (919 views)
Please complete the required fields.



3 thoughts on “A Dose of Reality at Last?

  • This should do wonders for the crime stats… not.

    Reply
    Please complete the required fields.



  • japanese uncle says:

    A full year recession. How optimistic! How naive!

    Reply
    Please complete the required fields.



  • Question: When does a recession become a depression?

    Answer: Q3 2009.

    Reply
    Please complete the required fields.



Add a comment

  • 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

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>