The british chamber of commerce have stated that rates will be on hold for quite some time.

With pending job cuts and pain throughout the economy, it looks like we may be in for a year of pain, im affraid the double dip blog I wrote at the beginning of June is now being backed up the UK’s Chief Economists

“We now have in place a very tough fiscal policy and this makes the risks of a double-dip recession even greater,” BCC Chief Economist David Kern told reporters in London on the 05th July.

http://www.trumpo.com/blog/business/is-this-the-coalition-calm-before-the-full-on-financial-storm/

As Ben Franklin once said “Out of adversity comes opportunity”.

Us Brits are made of stern stuff, we can get through this.

Your optimistic Trumpo

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