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TROUBLE AHEAD?
By Christopher | March 10, 2010
I have been in two meetings this week both of which predicted a severe economic downturn and shock development in July or August this year. It is not in my nature to be unduly gloomy but I admit to being taken aback by the remarks and whilst I have forecasted consistently a difficult year for the UK I am now having to consider the “double dip” recession. Whilst my automotive newsletter AUTOMOTIVE DESKTOP is steadfastly a-political the results of the UK general election will of course have a big effect on the way the UK’s deficit is addressed. To that end I am not greatly enamoured by the prospect of a hung parliament as it seems obvious it would only cause a further delay in getting to grips with the economy.
Christopher Macgowan
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