Britain’s economy failed to expand in the second quarter of this year for the first time since the slump of the early 1990s and raising expectations interest rates will fall to avoid a recession.The Office for National Statistics revised down its GDP reading to show it was unchanged on the quarter in the three months [...]
Mortgages
Construction Output, Ftse 100 Index, recession
Trying to find anything to be confident about with regards to our economy is extremely difficult at present. Earlier this week, we saw the American’s being full of confidence and optimism for the future as they heralded in their 44th President Barack Obama. We are constantly bombarded with information by the media. Today the media [...]
Mortgages
Forecasters, Policy Levers, recession
How to develop customer loyalty during the recession Given the economic climate, it will be far more resourceful to market to your existing customers than it will be to acquire new ones. Research has shown that it can be as much as five to six times more expensive to sell to new customers than [...]
Mortgages
Chocolates, recession, Term Profits
First Australia, then China’s manufacturing sector had a horror October according to survey results released yesterday.
Then overnight the US, Russia, UK and Europe produced surveys showing similar results.
All signs the slump in the respective economies is deepening.
Stockmarkets in the US and Europe fell over and hurt themselves by more than 5%, Wall Street was especially [...]
Mortgages
Lows, Manufacturing Sector, recession