Could we talk ourselves into a double dip recession?
- 15 September 2010
British businesses believe the country could be headed for a double dip recession, according to a survey from accountants and business advisors BDO LLP.
According to a new survey, a double dip is seen as an inevitable by UK businesses. now expect BDO's optimism index — which reflects how businesses expect trading to develop two quarters ahead — tumbled to 93.1 in August from 95.5 in July, reaching levels not seen since the deepest parts of the recession between November 2008 and July 2009.
A foregone conclusion?
- Falling UK real wages cannot be covered up with housing market subsidies forever
- The UK economy gets quite a boost from the official statisticians
- Government to abolish 55% death tax on pensions
- Mindful Money's weekly shares watch: Sainsbury’s, Wolseley & Compass
- Three stock picks from F&C European Small Cap manager Sam Cosh
- Osborne's move to abolish 55% tax on inherited pensions: Expert reactions and commentary
- Just one year to go before Britons can get up to £1,300 a year in State Pension top-ups
- UK property market eases back as new borrowing rules start to bite
- UK supermarket shares: "Things are likely to get worse before they get better"
- Millions of UK workers now relying on their employers for retirement planning advice