UK: Recession and job losses could start in months, say bosses

DailyMail.co.uk ^ | 7/08/2008 | Becky Barrow

[Oyarsa]

Britain is on the verge of a recession and the number of permanent job vacancies is falling, two reports warn today.

The British Chambers of Commerce describes the outlook as 'grim' and warns that a recession could start within months.

It says it has uncovered evidence of a 'menacing deterioration' in the economic outlook. Another report, from the accountants KPMG, shows that the number of permanent job vacancies fell in June for the first time in five years.

[Oyarsa]

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[ajay_kumar]

Wonderful news since I will be visiting UK in August.

[Oyarsa]

I hope you enjoy your visit to the UK, despite the impending recession.

[pgyanke]

I like your screenname. - Ransom

[ajay_kumar]

Thanks! I am looking forward to a vacation of a lifetime.
We will sight see London for a couple of days and then board
the cruise ship in Southampton for a 2 week Mediterranean
cruise visiting ports in Spain, Portugal, France & Italy.