Could we talk ourselves into a double dip recession?

15th 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?

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