Recession: 550 jobs will be lost EVERY day

[Sweetpea]

• FTSE falls 2% in first hour of trading
• Housebuilder Persimmon cuts 1,100 jobs

Britain is on the verge of a recession and the number of permanent job vacancies is falling, two reports warn today.
The British Chambers of Commerce describes the outlook as 'grim' and warns that a recession could start within months.

It says it has uncovered evidence of a 'menacing deterioration' in the economic outlook. Another report, from the accountants KPMG, shows that the number of permanent job vacancies fell in June for the first time in five years.
The bleak predictions came as the FTSE 100 Index fell more than 140 points in the first hour of trading in a knock-on effect after a sharp overnight drop on Wall Street.

Britain in recession 'within months' as bosses predict 550 jobs will be lost EVERY day | Mail Online


Thankfully, my job and especially hubby's, are pretty secure. Tough times ahead it seems

[Churchill]

This recession is already happening, the media are always a few months behind.

[Haqa]

If at first you don't succeed... try managing the British economy - It's expected there...

H.

[poppy]

I was shocked when they said on the news we are heading into recession, what in blue blazes do they think we are in now.

[Bruv]

Didn't we all know we were in recession as soon as they started to deny we were ?

[spuggie j]

Originally Posted by poppy

I was shocked when they said on the news we are heading into recession, what in blue blazes do they think we are in now.

A slight blip in the fiscal area's due to the monetery realignment of countries finances whom we trade with. This hitch will be short lived as fiscal policy of the Bank of Enland and the British Govenment is robust and has had the prtections put in place that will leave us financially stable at a level above the present realignments issues.

[Haqa]

Originally Posted by spuggie j

A slight blip in the fiscal area's due to the monetery realignment of countries finances whom we trade with. This hitch will be short lived as fiscal policy of the Bank of Enland and the British Govenment is robust and has had the prtections put in place that will leave us financially stable at a level above the present realignments issues.

Sweetpea, should that comment have been censored? It's all total b.....x



H.

[spuggie j]

Originally Posted by Haqa

Sweetpea, should that comment have been censored? It's all total b.....x



H.

Poppy asked so in my may I answered.

[terrywit]

no recession in jeopardy?

in fact paper say there thousands of job in jeopardy, wheres jeopardy?

[Haqa]

Originally Posted by terrywit

no recession in jeopardy?

in fact paper say there thousands of job in jeopardy, wheres jeopardy?

You know, I wish I had your wit... I need something to polish my perpetual motion pin sharpener....

H.