UK Recession to last longest?

28 July, 2011


This morning’s Metro reported on the UK recession being likely to last longer than any other in the worldwide slowdown. Unemployment figures out this morning may show unemployment over 2 million for the first time since 1997.

All this is bad news for the Pound. Sending money overseas is likely to continue to become expensive as the UK reels from a constant flow of negative news.

If you do need to buy or sell currency, speak to a currency broker to make sure you don’t lose out.