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Economy
In reply to the discussion: STOCK MARKET WATCH, Monday, December 12, 2011 [View all]Ghost Dog
(16,881 posts)46. Economists forecast deeper UK recession
The UK economy is expected to contract by 1.3 per cent in 2012, according to respected economists at Standard Chartered bank.
Growth of 0.6% had been predicted but Standard Chartereds latest survey, of 350 companies, points to a sharp recession in the face of the ongoing eurozone crisis.
The eurozone economy is expected to contract by 1.5 per cent next year.
Three factors are expected to contribute to the UK falling back into recession: a decline in consumer and business confidence; banks keeping tighter control on credit; and cuts to government budgets across Europe.
/... http://www.financemarkets.co.uk/2011/12/12/economists-forecast-deeper-uk-recession/
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I think it belongs in LBN for the same reason that even NPR updates Market numbers all day
bread_and_roses
Dec 2011
#23
Wow, this is like back to the future. It's already Monday somewhere, I guess - LOL!
InkAddict
Dec 2011
#11
Perhaps lobbying the rotating honchos at LBN and/or Admin could recover SMW posting rights there,
Ghost Dog
Dec 2011
#98
Once again, the SMW thread that was posted and locked was NOT a current SMW OP
Tansy_Gold
Dec 2011
#97
There is a lot of deja vu going on, and to different periods of modern European history.
amandabeech
Dec 2011
#87
Well, perhaps here is a market opening for a firm actually contractually committing itself to not
amandabeech
Dec 2011
#88