Thursday, August 7, 2008
The mans probably right, the UK economy is a one trick pony.
"All bar one of the Sky News Money Panel, prominent figures in a range of professions across business and the City, believe the bank will hold rates. And most agree it would be right to - though one of the members, property expert Gary McCausland, says the rate should be slashed by more than 1%. McCausland, presenter of Five's "How to Be a Property Developer", said: "The economy and housing market need serious help to stem off a recession and limit a large scale property crash."