Wednesday 6 May 2009

Britain in depression territory

Daily Mail
"Few budgets have been rubbished so quickly and comprehensively as the Chancellor's effort on April 22. ....In rapid succession, we have seen the budget numbers questioned by the International Monetary Fund, the European Commission, and today the National Institute of Economic and Social Research."
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House prices continued to fall steeply during April, suggesting that talk of a recovery in the market may have been premature, the latest figures show. (Telegraph)

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