Britons have come to the realization that after 17 years of uninterrupted growth, the country’s economy is moving closer to recession, and may already be in one.
britonsUK recession: Britons borrowing more than everNewsvine - business Thu, 04/03/2008 - 02:53
Consumer borrowing through credit cards, overdrafts and loans is rising at its fastest rate in five years, with the withdrawal of cheap mortgage deals forcing millions of home owners to take on personal debt to finance their everyday expenses. |
