UK Entering Recession
Published / Last Updated on 21/10/2008
UK ‘Entering Recession’
Last night Bank of England Governor gave his expected, albeit negative view, that the UK economy is ‘entering recession’.
Many are already calling it a recession but he suggested that two quarters of negative growth does constitute a recession.
We suggest this is all a play on words here. The reality is things are going to get harder and tighter. We all need to look at ourselves, our homes and our businesses and improve our ‘efficiency’ i.e. tighten our belts and manage our lives and businesses better.
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