To be balanced some "okay" traffic numbers out of the Big Easy this morning and Aer Lingus (although largely due to fleet expansion... thinnk load factor was down). But Easter in March may have helped Easy... April numbers will be interesting
BoE credit conditions survey released last week suggests banks are now really starting to turn the screw on consumers.... it is 3-4 months time that I think we have to worry about, but you are right the outlook has got a lot worse in the past 2 months if you ask me.