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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (141168)1/1/2002 2:50:24 PM
From: Haim R. Branisteanu   of 436258
 
Sluggish year ahead for UK economy
By David Litterick (Filed: 01/01/2002)

BRITAIN'S leading economic forecasters have predicted a
further slowdown in UK economic growth this year,
despite new figures suggesting that the consumer boom is
continuing.

Several think-tanks believe household spending will drop
back in 2002, creating a drag on growth. However, data
from the British Bankers' Association yesterday suggested
that the effects of the economic slowdown and rising
unemployment have yet to dampen consumer
enthusiasm.
portal.telegraph.co.uk
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