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Threat of UK Recession

 
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Vintage Girl
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Joined: 05 Nov 2006
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Location: Essex, England

PostPosted: Mon Aug 18, 2008 10:03 am    Post subject: Threat of UK Recession Reply with quote

It seems the possibility of a major recession in the UK is just over the horizon. The government needs to act now if a crisis is to be averted. I know from my own experience that jobcentres have already seen a huge increase in unemployed numbers and it is steadily rising.

http://news.bbc.co.uk/1/hi/business/7566792.stm
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wakeyboy
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Location: West Yorkshire, UK

PostPosted: Mon Aug 18, 2008 2:56 pm    Post subject: Reply with quote

So far we're managing fine. we havent changed our lifestyles or altered the ammount we spend on food, clothes and luxuries but we have felt the pinch at the petrol pump and the gas and electricity bills.

I dont know how we'll fare once the recession sets in, probably have to budget a bit more and buy more economy products.
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muppetmurderer
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Location: South East (of the UK of course, Surrey in fact)

PostPosted: Fri Aug 29, 2008 1:33 pm    Post subject: Reply with quote

well to quote Private Fraser... judging from the latest Bank of England report,"We'rrre aaaaall Doooomed!"
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Vintage Girl
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PostPosted: Mon Oct 27, 2008 12:42 pm    Post subject: Reply with quote

Here we are 2 months later and it seems Private Fraser was right. Sad
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muppetmurderer
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Location: South East (of the UK of course, Surrey in fact)

PostPosted: Fri Oct 31, 2008 10:45 am    Post subject: Reply with quote

Look on the bright side - it will be easier to find a copy of the Big Issue in future....
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Merak
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PostPosted: Sat Nov 01, 2008 12:57 pm    Post subject: Reply with quote

So far I've only noticed the employment market is a bit dire. I've been keeping my eye out for a new job for ages now and there's just not a lot doing - but it's been like that for about a year or something now, but with redundancies on the rise it doesn't help.
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