January 9, 2005

Economists expect sharp housing downturn

by brian_turner

In UK economy at risk over housing downturn, the Financial Times reports on the general expectation of economists that the downturn in the housing market is not simply a threat, but an expectation.

In a survey conducted by the Financial Times itself, it also points out that although they believe the UK economy to be strong and robust, there are concerns that recessions in overseas countries could damage exports, further compounding existing pressures on the UK economy.

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