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Market Goes Limit Down, U.K. Recession, Next Equity Trend

posted by eriathwen 1309 days ago in GBP, Fundamental, GDP made popular 1309 days ago

Market crashes “limit down”… what’s behind today’s bottom retesting

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Economists condemn Chancellor Alistair Darling's spending

posted by eriathwen 1309 days ago in GBP, Fundamental made popular 1309 days ago

Plans by Alistair Darling, the Chancellor, to spend his way out of the recession facing Britain have been branded "misguided" by 16 leading economists.

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Economy tops Brits' concerns

posted by eriathwen 1309 days ago in GBP, Sentiment made popular 1307 days ago

Just under three-fifths of British adults think the economy is the most important issue facing the country, a new Ipsos Mori poll has found.

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Britain needs 'aggressive action' to get out of slump

posted by eriathwen 1309 days ago in GBP, Fundamental made popular 1307 days ago

Britain needs "aggressive action" on interest rates to avoid being plunged into a long recession, a leading Lancashire economist has warned.

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Plea to slash interest rates as UK races into recession

posted by eriathwen 1310 days ago in GBP, Fundamental, Inflation made popular 1309 days ago

Pressure was mounting last night for a massive cut in interest rates to try to stave off looming economic collapse.

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Financial markets hit by fears of global recession

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

Sub-prime mortgages, AIG, Lehman Brothers, the liquidity panic, and now global recession. What next? Global stock markets were sharply lower overnight, hurt by fresh and growing fears of a global recession. The S&P 500 index is down roughly 42% f

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UK economy shrinks, recession looms

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

New economic figures have confirmed fears that the UK is on track for a recession and the downturn could last for a year.

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Economic Growth in the UK is Dead

posted by eriathwen 1310 days ago in GBP, Fundamental, Retail Sales made popular 1308 days ago

Today is set to be the day economic growth died.

After months of speculation, doom mongering, comment and hope against hope, the figures are in and the recession is on its way.

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Banks walloped as fear grips City

posted by eriathwen 1310 days ago in GBP made popular 1310 days ago

Punch-drunk investors continued selling this afternoon after mulling the likelihood of global recession over their lunchtime sandwiches, keeping London deep in the red.

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Europe and UK seen plunging into recession

posted by eriathwen 1310 days ago in GBP, Fundamental made popular 1308 days ago

Europe's economy appears to be plunging into recession, beaten down by a still-raging global financial crisis, with data on Friday showing economic contraction across the euro area and Britain.

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UK economy shrinks by 0.5%

posted by eriathwen 1311 days ago in GBP made popular 1310 days ago

The prospects for a UK recession loomed large after official figures revealed the economy shrunk by 0.5% between July and September in the worst economic growth performance since 1990.

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UK economy to enter recession

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

After both the Governor of the Bank of England and the Prime Minister have hinted at it this week, official statistics are today expected to show that the British economy is entering recession for the first time in 16 years.

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