economonkey

As each week goes by and each new set of economic statistics hits the headlines, it increasingly looks like the UK is doomed to slide into another recession. The Independent reports that the British economy saw just 0.2 percent growth in the second quarter of 2008 and the financial services sector, which accounts for over […]

This article from the Scotsman highlights the difference of opinion between the Bank of England and the Treasury on what we can expect from the economy over the next year. The Bank, which is (at least in theory) independent from the goverment, claims economic growth will slow to 1.5% for 2009, while the Treasury says […]