The British Chambers of Commerce survey has found confidence has collapsed in both manufacturing and service sectors after surevying 5,000 businesses.
They have called on the government to cut interest rates.
More at the BBC.
When will this end? Will Gordon Brown and Alistair Darling benefit from Mandelson's presence?
Surely the Bank of England must cut interest rates soon?
Tuesday, 7 October 2008
BBC News: UK economy 'already in recession'
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