6% Echoes of the 1930s As Bank Chief Warns of Disastrous Slump [Scot Region]
Daily Mail › February 12, 2009
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Summary
THE scale of the economic crisis facing Britain was thrown into stark relief last night in a 'breathtaking' Bank of England analysis.
It warned that the economy could shrink by as much as 6 per cent this summer as Britain grapples with a 'deep recession'.See the full content of this document
Extract
6% Echoes of the 1930s As Bank Chief Warns of Disastrous Slump [Scot Region]
Such a slide would slash Government tax revenues, ruin thousands more businesses and add up to a million more to the almost 2million jobless now.
The Bank expects gross do...See the full content of this document
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