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BOE latest report - more grim reading
mystic_trev
Posts: 5,434 Forumite
Comments
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did you expect it to be happy reading!?
0 -
The only good news on it is that input costs are falling faster than sterling.0
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The big two for me are:
Investment intentions had been reduced sharply during 2008 Q4
&
Contacts’ concerns over availability of working capital remained elevated
Both are very bad news for employment levels in a year's time. It signals to me that unemployment is likely to be rising quickly still this time next year.0
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