Debate House Prices
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Jack be Nimble, Jack be Quick
StevieJ
Posts: 20,174 Forumite
The latest update from the IMF on possible scenarios' for the UK economy, there is also a video linked.
http://blog-imfdirect.imf.org/2011/08/01/union-jack-be-nimble-be-quick/
http://www.imf.org/external/mmedia/view.aspx?vid=1084824304001
The most likely scenario for the U.K. economy is that it will gradually recover, although it will face continued headwinds from a soft housing market, household and financial sector deleveraging, and ongoing consolidation of the budget. Against this, the economy should get a push from private investment and an increase in exports driven by the global recovery. Labor productivity may also rebound and improve competitiveness.
http://blog-imfdirect.imf.org/2011/08/01/union-jack-be-nimble-be-quick/
http://www.imf.org/external/mmedia/view.aspx?vid=1084824304001
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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