We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The whites of recession's eyes

6 December 2007 By Ian Campbell

The Bank of England was right to cut the overnight rate by a quarter percent. A sudden lack of financing threatens the economy with seizure. Fighting economic slowdown is now a higher priority than worrying about inflation. The first cut is unlikely to be the last.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)