Recession news


Double dip recession ‘will have no effect on outlook’

BRITAIN’S return to recession is a psychological blow to businesses and consumers but does not change the overall economic outlook, two local experts have said.


Michelle Le Clerc

I am a Guernsey-born woman who has extensive management experience in the finance sector.


Paul Le Pelley

Times are financially difficult; things will get worse before they get better.  


UK’s recovery path ‘is worse than that of Great Depression’

RECOVERY from the recession and the global financial crisis in the UK has been more sluggish than it was after the Great Depression of the 1930s.


Customers paint positive picture as UK hovers on brink of double-dip recession

CONCERNS over whether the UK and Guernsey will experience a double-dip recession are relatively insignificant to the man in the street, according to a UK economist.


Britain ‘may avoid double dip recession’

INDUSTRY data from the fourth quarter of 2011 has revealed that Britain may avoid a double-dip recession.


‘Get ready for a 1930s recession’

EUROPE should be bracing itself for a recession of 1930s proportions or at least a decade of sluggish or no economic growth.


Permission granted for Town shop restaurant

A RESTAURANT could be opening in the Le Lievre’s building after planning permission was approved for a change of use.


Be careful what you wish for

MAJOR capital projects have been undertaken in Alderney in recent years – but there remains much to be done if the island is going to prosper.


A leaner corporate sector offers investors opportunities

GUERNSEY investors have been told that the macroeconomic environment is still uncertain but the corporate picture looks much brighter.

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