Signs of a Slowdown in Britain
Is this the proverbial other shoe dropping? Already reeling from the global credit crunch in the financial markets and the country's first bank run since the 1860s at mortgage lender Northern Rock (NRK.L), Britain is now exhibiting worrisome signs of broader economic distress. Aside from the impact on domestic jobs and income, a slowdown in one of Europe's largest and fastest-growing economies would send ripples across the rest of the Continent.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.