Data from services sector pr...

November 04, 2011

In what is just one more market indicator that the economy is falling steadily, there are newfound fears that another recession is imminent. Recent data released by the Markit/CIPS Index shows that th...

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Britons saving more in fear...

October 25, 2011

The newest data released by the Office for National Statistics state that Britons are saving more as 7.4% of households report increasing their savings in the second quarter which is up from 5.9% in t...

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UK Trade Deficit Shrinks As...

October 14, 2011

According to recent reports, the UK trade deficit shrank down to 7.8 billion pounds, 0.4 billion less than the 8.2 billion deficit recorded in July, and 10 billion less than the forecasted trade defic...

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Britain Faces 33% Chance of...

October 13, 2011

According to a recent Reuters poll, Britain currently faces a 33% chance of recession during the next year. Even if the country does not enter a recession, a best case scenario would still have Britai...

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