Britons currently struggling with debt have been advised that the current recession will come to a natural end sooner or later.
The chief economist at the British of Commerce (BCC) David Kem states that although he can’t say for sure when the recession will end, it will end due to falling prices.
He stated, "People run down stocks to the bare minimum and at some point the economy very gradually starts to improve. He gave the example of falling house prices as proof of this.
A spokesperson for the prime minister distanced himself from these comments, only adding the government was doing all it could to see Britain through the crisis.
|