Forecast for UK economy is ?gloomy? - Finance & Money Forums

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Forecast for UK economy is ?gloomy?

Economy Discussion of the UK economy and economic news.

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07-21-2008, 10:10 PM

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Forecast for UK economy is ?gloomy?

Ernst & Young ITEM Club is forecasting GDP growth of just 1% next year after the UK grapples with rising inflation, falling property prices and the tightening of credit.The influential think tank also indicated that there will be a considerable increase in unemployment in the next 12 months.Ernst & Young’s ITEM Club also predicts that [...]

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