PPRuNe Forums - View Single Post - Growing evidence that the downturn is upon us....
Old 4th Feb 2008, 13:22
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RVR800
 
Join Date: Jan 2000
Location: UK
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We are all Doomed - not

Employment at record high

Interest rates no where near the 15% they were when Lamont was in charge
actually interest rates will fall again soon and are well managed

Growth still on target and in range 2 ish percent

Still a shorthage of houses in the UK, a legacy from Thatchers suspension of council house building

Share prices bounced back nicely and all those people who bought at the trough are quids in


British Airways has reported healthy profits for the last nine months of 2007, despite rising fuel costs and the consumer slowdown.

Pre-tax profits came in at £788m, up 34.9% from the same period of 2006.
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