Economic downturn headlines
There’s more doom and gloom in the news today about the economic downturn.
Here’s a summary:Britain is edging closer to a recession, prompting calls for an interest rate cut.
House prices are plummeting.Manufacturing is in decline.
M&S sales have droppedBanks are getting stingy on credit.(Regarding the last headline, though, I remember the papers predicting this about two months ago. And shortly afterwards, HSBC increased my credit card limit, without asking, by £1,500. Go figure.)
But for a credit crunch-related story that’s not going to drive you to drink, check out the BBC’s Magazine Monitor. My new-found love for chocolate has been explained…Related articlesDeal or no dealRussell Crowe's big banking idea