JustinUK on 27 October 2008
The UK economy is collapsing faster than cooling souffle. Our housing market has literally stopped dead, unemployment is rising, retail is suffering, our banks were close to collapse and had to be rescued and inflation is relatively high.......and it rained all day yesterday!
The lack of strength of our economy has lead to collapse in our currency (£). Investors don't want our money so the value of it falls.
