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Recession hurts, inflation kills!
Paul Freeman, London, England
I think it is about time we stopped looking for the negative in things and started helping each other get out of this serious mess. Where are the great leaders that could initiate the progress we need to make to go forward.When people lose jobs it is a traumaticic time.
christopher hallam, Rugby, United Kingdom
Blah blah blah, reduce rates... Will, Lincoln.
Are you mad?! This would devalue Sterling pushing imports prices through the roof (of which the UK is something in the region of 75% imported goods reliant).
Reduce the rates and then we'd see the true meaning of inflation.
Goldmember, Bristol, UK
The UK economy is on life support because unlike the Federal Reserve our BofE could not forecaste the economic benefit of reducing interest rates to 2%. The dynamics of the credit crunch always meant risks to growth far out weighed inflation as in just a month commodity markets are in recession.
Will, Lincoln, UK
In manufacturing the cost of financing stock and debtors has risen beyond the wildest of imaginations and has resulted in a standstill in new order intake. Further,large scale redundancies are unavoidable and many more manufacturers will go into liquidation.
A.Williams, Cradley Heath,
Get Local Initiatives going for local economies. Open up local small scale projects and cut out the big boys with their big salaries and bonuses.
Local Authorities should be encouraged to open up Windfall Housing Sites for local builders to employ locals and thus keep businesses 'ticking over'.
john, colchester, uk