Monday 17 November 2008

Seeing the real story

Whilst we all argue about when the UK actually went into into recession, rather than let the government tell us it has yet to happen, I came across an interesting article on the BBC website.

The link is  http://news.bbc.co.uk/1/hi/business/7695746.stm  It essentially follows a number of businesses as they feel the credit crunch at first hand. It will be interesting to follow their progress over the coming months.

One thing is clear; anyone who thinks this economic downturn will be over quickly is certainly fooling themselves.

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