Times Online: Unemployment looms large as crunch bites deep
Times Online: Unemployment looms large as crunch bites deep ”…Mortgage lenders are continuing to raise their rates as fears grow of massive job losses in the City and on the high street…..And in the most dire forecast so far of the impact of the worldwide credit squeeze it was predicted that as many as 40,000 workers in the City could lose their jobs….”
The UK economy is in a very fragile state, we all knew it. All it took was a shock, and we will face a huge recession.
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Original post by hpwatcher
This entry was posted on Wednesday, April 16th, 2008 at 12:49 am and is filed under Housing. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback