No end in sight

After a dreadful week of economic news, the government has indicated that drastic cutbacks are imminent

10th January, 2009

Watch ing the economy in the last f e w months has been like being on a rollercoaster, nervously waiting for the inevitable moment when the hurtle downwards starts Over the past week it has happened, with confirmation that the public finances are in crisis, the receivership of Waterford Wedgwood, 1,900 redundancies in Dell and, by last Friday, unemployment figures which could only be described as horrific.

There will certainly be more to come. Unemployment is...

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