News Tag: worst
October 20, 2009
Recovery and restructuring company, Begbies Traynor, is forecasting a difficult time for businesses next year.
Its report titled ‘Red Flag Alert’ is a monitor of early warning signs of company distress and its latest report reveals that during the July to September 2009 period, 134,000 businesses still showed "material signs of distress" with the engineering and recruitment sectors being the "most ...
Worst is yet to come for insolvencies
by Kay Murchie
May 12, 2009
According to the Organisation for Economic Cooperation and Development (OECD), the worst of the recession may be over for Britain.
The OECD has gathered its evidence by measuring a range of statistics, including trends in stock markets and business surveys.
The influential think tank said while output is still shrinking, there have been some green shoots ...
Green shoots of recovery leads OECD to believe worst of recession over
by Kay Murchie
April 20, 2009
The CBI said today that the worst of the recession is over since it took a deeper grasp than expected in the first quarter of 2009. However, the expectation is that the economy will slow more gently in the second part of the year.
The group was keen to stress that despite the worst being over, the recovery period will still ...
CBI says recession has hit rock bottom
by Peter Charalambous
February 16, 2009
The world’s second largest economy has suffered its worst ever decline in 35 years the Cabinet Office said in Tokyo today.
In the period October to December, Gross Domestic Product (GDP) fell 3.3% - the third consecutive quarter in which GDP declined.
In comparison, the euro zone suffered a 1.5% decline while the US, which is the world’s largest economy, suffered ...
Japan’s economy in worst performance since 1974
by Kay Murchie
January 1, 2009
With the global financial crisis and countries entering recession, it’s no wonder world stock markets have suffered their worst year on record.
In London, the FTSE closed yesterday at 4,434 points, at the same point in 2007, it closed at 6,457. The annual decline was the worst since the FTSE was established in 1984.
In particular, banks have suffered badly with HBOS ...
World stock markets suffer worst ever year
by Kay Murchie
