35% chance of UK going into a recession

		Finance & Money Forums > Finance > Economy
35% chance of UK going into a recession

Economy Discussion of the UK economy and economic news.

Thread Tools

#1 (permalink)

03-31-2008, 02:20 PM

Finance News Finance News is offline

Senior Member

Join Date: Sep 2007

Posts: 2,773

35% chance of UK going into a recession

There is a 35% chance of the UK going into a recession over the next 2 years as the credit crunch surrounds the UK’s property market and broader economy, according to investment bank Lehman Brothers. The report states that the global financial turmoil is increasing mortgage rates and, as a result, will reduce consumer spending. [...]

More: 35% chance of UK going into a recession

« Bank of England hints at April interest rate cut | Lenders taking fewer risks during credit squeeze »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are Off Forum Rules

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
In order for inflation to come under control...	Triton	General Discussion	3	03-23-2008 03:10 AM
Cashing in on recession	miggyal	Investing	3	01-22-2008 08:30 PM
Recession?	Palm	Property	4	07-31-2006 03:41 PM

All times are GMT +1. The time now is 07:21 AM.