Britain economy heading for recession
The British economy is heading into recession and interest rates should fall to 'well below' their current five per cent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.
BDO United Kingdom - UK 'has one in three' chance of dipping back into recession An economist at Barclays Wealth has warned that there is a one in three chance of a double dip recession in the UK.