Summary
ECONOMISTS believe the chances of renewed recession in the UK have jumped to 40%, and they expect output to flatline in the fourth quarter of this year.
The high probability being attached to recession was revealed yesterday with the publication of a poll of 40 economists, as the eurozone crisis continued to rage. Reuters said past experience of similar surveys showed that, when the chances of such an outcome were put as high as 40%, the UK economy "almost certainly" tipped into a recession if it had not already done so.See the full content of this document
Extract
Economists Expect Uk Output to Flatline in Q4
The probability attached by econ...
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