MPW Economics Discussion Board

Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.

Monday, 26 January 2009

Families£4-a-week poorer and worse to come, says Asda

4 comments:

Andy Nan said...: The inflation rate in the UK is low but still positive, so the prices are still rising. And unemployed has been growing significantly.; 26 January 2009 at 13:49
Justintime said...: That would affect business confidence a lot and leading the empolyers cutting more jobs, the maginitude of effects may be small though.; 26 January 2009 at 13:50
Jerome said...: British familes are £4-a-week worse off than they were year ago, this is due to rising unemployment and rsing prices throughout 2008; 26 January 2009 at 14:13
chaoya zhuang said...: now it is in deep recession, the unemployment is rising and the price is rising. the VAT cut is uesed for stimulate the economy, but because of the low consumer confidence, everyone is afraid of spending,; 26 January 2009 at 21:33

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