A storm is blowing and Britain will be unable to avoid it. But what then?

Article Abstract:

The UK's imports are currently exceeding exports. This will have to be corrected at some point, with the pound falling in comparison with the euro and the dollar. This would have consequences including a return of inflationary pressure, with interest rates probably having to rise.

Balance on Current Account, Balance of trade

---

Admit it, Chancellor, real recession is now inevitable

Article Abstract:

Significant decline on financial markets inevitably means that the amount of credit available to ordinary Britons will be substantially cut. There will be a reduction in economic activity, and a recession will certainly emerge, despite government reassurances to the contrary. The risk of entering a real deflation is not yet very great, but such a development is already enough of a possibility for borrowers to focus on reducing debt.

---

Go out and spend. You won't pay more for Xmas presents

Article Abstract:

There are no signs of deflation in the UK, where Chancellor Gordon Brown predicts that underlying price rises will fall below the government's target of 2.5% in the first half of 1999 before coming back into line. However, real economic conditions seem to be closer to deflation than to inflation. High street retailers have introduced significant price reductions in autumn 1998, and the rise in house prices seems to be over. Developments of this kind make it possible to argue that inflation has come to an end.

Analysis, Forecasts and trends, Inflation (Finance), Inflation (Economics), Deflation (Finance), Deflation (Economics)

Similar abstracts:

• Abstracts: When will we be able to take it for granted that this is our country too? The fear and alienation that lie behind this explosion of violence
• Abstracts: The Dando inquiry 55 days on - and all the police have are just theories. Triple murderer trapped by TV show
• Abstracts: Terror suspect Britain failed to spot charged over 11 September attack. Funeral for five children drowned by their mother
• Abstracts: In Oldham's 'no-go zone', all it took was a scuffle to set off a terrible night of rioting. How rumours and racists sparked Britain's worst inner-city rioting for two decades
• Abstracts: No pipes, no drums on this long march. Just Protestant anger and helplessness. Drumcree march ends with traditional impasse

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.