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Loan Protection: UK at 'Risk' Of Double-Dip Recession
Loan Protection: UK at 'Risk' Of Double-Dip Recession
The UK may be at risk of slipping back into recession, it has been claimed.
The Coda Center, Munster Road, London,
London,
United Kingdom
(pr4links.com)
27/08/2010
"PPI Claims Company is one of the premier PPI companies in the world. It has years of experience in this field and can help you with your payment protection claim using their no win, no service fee policy. To know more about PPI Claims you can log on "
FOR IMMEDIATE RELEASE
London, UK, 24th August, 2010: The UK may be at risk of slipping back into recession, it has been claimed.
Martin Weale, the newest member of the Monetary Policy Committee (MPC), expressed his belief that it would be "foolish" to rule out a double dip recession.
In an interview with The Times, Mr Weale cited that a rise in unemployment as well as declining house prices and another banking crisis could all have detrimental effects on the economy.
He told news provider: "That could be a sovereign debt crisis or it could be a new liquidity crisis in the private sector
"The whole of the lesson of not only the recent crisis, but earlier ones, is that you have periods of calm and then things bubble up again."
There is also a risk that consumers may be unwilling to spend more to help boost the flagging economy, he added.
Saving is expected to increase over the coming months as individuals become more cautious while investment is predicted to drop.
“There are chances of a double dip recession for the UK economy in the coming months. It would be quite foolish to feel that the economy has recovered from the financial turmoil. The market is at a state of calm before the next storm” feels financial analyst Charles Baker who has decades of experience in the financial industry. He works as a financial analyst from PPI Claim Company.co.uk.
“Consumers who are planning to invest in property or make any other form of investment should take professional guidance before doing so. They should seek guidance from people who have expertise in PPI claims and Financial Service Authority. This will ensure that they get maximum returns from their investment.”
PPI Claims Company is one of the premier PPI companies in the world. It has years of experience in this field and can help you with your payment protection claim using their no win, no service fee policy. To know more about
PPI Claims you can log on to http://www.ppiclaimcompany.co.uk/ where you will also get advice on your PPI Claims . You can also know more about credit card claims through this website.
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PPI Claims Company is one of the premier PPI companies in the world. It has years of experience in this field and can help you with your payment protection claim using their no win, no service fee policy. To know more about loan protection claims and PPI claim back log on to http://www.ppiclaimcompany.co.uk/.
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