Britain Teeters On Brink Of Recession

Free Internet Press operates on your donations. Unlimited access to the Free Internet Press News Archives. Unlimited access to the Free Internet Press News Aggregator. You're supporting a great cause, getting the uncensored news out on current events to the world! Britain Teeters On Brink Of Recession The United Kingdom is in serious danger of heading into recession as the credit crunch tightens its hold on the economy, according to a survey of businesses across the country published Tuesday. An increase in the number of firms reporting fewer orders, more job cuts and less investment is the latest indication that the British economy is suffering from the effects of the global credit crunch and the steep rise in the price of fuel, food and other raw materials. Firms in the service sector have seen "alarming" declines in the... [read full story]                    

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