You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #11: UK economy forecast cut by BCC for fourth time [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 06:33 AM
Response to Reply #9
11. UK economy forecast cut by BCC for fourth time
http://www.bbc.co.uk/news/business-15915104

The British Chambers of Commerce (BCC) has cut its forecast for UK economic growth for the fourth time this year.

It is now forecasting growth of 0.9% this year and 0.8% in 2012, and said growth will be "very weak" for the next two to three quarters.

Only two months ago, the business lobby group had expected growth as high as 1.1% for 2011 and 2.1% next year.

The BCC blamed the slowdown in part on the government's austerity measures, as well as the crisis in the eurozone.
Printer Friendly | Permalink | Reply | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC