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At the moment it seems likely that the UK will enter a recession officially on paper sometime in early January 2009. Although some would say that we are already in a recession; however for there to be official acknowledgement of a recession on paper, there have to be two consecutive quarters of negative growth. The 1st has just occurred (Announced 24th October 2008) Jul-Sep 2008. This is the 1st negative growth quarter for 16 years, if the next quarter Oct-Dec also has negative growth (will will know this in January 2009) then we (UK) will be officially in a recession. As for the likelihood of this occurring; at this point in time is seems it is inevitable and no matter what anyone does to try to prevent this happening; this is now unstoppable.
What else can I help you with?
Are you heading for a recession in the United Kingdom?
The UK is already in a recession.
Where does water eneter a plant?
In the root hair
What phase of the business cycle is Egypt in?
Egypt and Middle East is going through recession phase nowadays but this recession is expected to end soon as aidandtrade.com and some other big companies are now planning for huge investments in Egypt.
Are there squaredy cats in the UK?
Hopefully soon!
When will the recession be over?
Many believe we won't be out of it any time soon, but things are starting to return to normal, and the DOW is almost at 11,000.
How old does your guardian have to be to eneter into a p-g 13 movie with?
13 or older
What measures are the UK government doing to get out of the recession?
None. George Osborne's policies will make a further 1.1 million unemployed.
Is The Amazing Spiez coming to the UK?
The Amazing Spiez! UK TV Broadcast Coming Soon on POP in UK.
What year did Justin bieber eneter standford idol?
He was 12 at the time so 2006
Where do you eneter moshi monster member codes from moshi members com?
Idont know
When does ncis season six start in UK?
soon
When does the club penguin magazine come out in the UK?
soon
