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Boom town in midst of looming recession

posted by princesa 1310 days ago in GBP, Fundamental made popular 1307 days ago

It must be the perverse part of my nature, but when asked to go somewhere that illustrated the looming recession, I chose the place analysts had identified as the most immune to the downturn.

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Emerging markets turmoil engulfs UK listed banks

posted by princesa 1310 days ago in GBP, Fundamental made popular 1307 days ago

The spread of financial turmoil to emerging markets caused investors to flee the shares of HSBC and Standard Chartered, the UK banks previously seen as most resilient amid theongoing credit crisis.

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Half-point rate cut forecast after 'dire' UK economic data

posted by princesa 1310 days ago in GBP, Fundamental, GDP made popular 1310 days ago

Britain's economy contracted by a greater than expected 0.5 per cent in the three months to September - the sharpest quarterly dec-line since the end of 1990. It is the first quarterly drop in output since 1992 and follows a quarter where growth

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Britain's economy officially on the brink of recession

posted by princesa 1310 days ago in GBP, Fundamental made popular 1307 days ago

Britain's economy shrank in the third quarter as the global credit squeeze took its toll, according to figures out Friday, confirming that the country is on the brink of its first recession since 1991. The pound plunged.

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Fuel prices ‘must not rise on back of oil price increases’

posted by princesa 1310 days ago in GBP, Fundamental, Oil made popular 1310 days ago

THE UK Energy Minister has demanded retailers do not raise petrol prices after Opec agreed yesterday to cut oil production.

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UK economy shrinking, official figures show

posted by princesa 1310 days ago in GBP, Fundamental, GDP made popular 1310 days ago

The UK is on the brink of recession after its economy shrunk for the first time in 16 years, new figures show.

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UK economy officially on the brink of recession

posted by princesa 1310 days ago in GBP, Fundamental made popular 1310 days ago

Britain's economy shrank in the third quarter as the global credit squeeze took its toll, according to figures out Friday, confirming that the country is on the brink of its first recession since 1991. The pound plunged.

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Yen Rises to 13-Year High as Investors Exit High-Yield Asset

posted by princesa 1311 days ago in USD, EUR, JPY made popular 1310 days ago

The yen climbed to a 13-year high against the dollar as the prospect of a global recession prompted investors to dump higher-yielding assets funded in Japan. The dollar rose to a two-year high versus the euro.

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UK GDP falls as recession approaches

posted by princesa 1311 days ago in GBP, Fundamental, GDP made popular 1311 days ago

Official figures showed the UK economy contracted over the last three months.

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National Express encouraged by passenger growth

posted by princesa 1311 days ago in GBP, Fundamental made popular 1311 days ago

NATIONAL Express reported "strong" business growth today as people chose public transport over cars in a bid to beat the economic slowdown.

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Sales drop in UK amid rising jobless figures

posted by princesa 1311 days ago in GBP, Fundamental made popular 1311 days ago

UK retail sales fell in September as rising unemployment and the spectre of a recession prompted British shoppers to curb spending.

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Markets bleed as fear intensifies

posted by princesa 1311 days ago in CHF made popular 1311 days ago

Deepening fears of a global recession ensured another battering for the world's stockmarkets as governments stepped up efforts to restore confidence in the banking sector.

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