The Birmingham Post: Banking Crisis has Caught Us On the Hop
Birmingham Post › October 11, 2008
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Summary
The global economic turmoil makes it harder than ever to predict future unemployment trends in Birmingham, but it is an indisputable fact that this city does not approach the unfolding financial crisis from the strongest of positions.
Much faith has been placed recently in the expansion of the professional services sector, which it was confidently suggested would bring thousands of banking, accountancy and legal jobs to sparkling new offices dotted around the city centre. How ridiculously optimistic these forecasts seem now, as stock markets collapse, financial liquidity disappears and redundancies rise from a trickle to an unstoppable roaring tide.See the full content of this document
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The Birmingham Post: Banking Crisis has Caught Us On the Hop
Even if, by some miracle, this chaos was to disappear and the UK economy was to make a sens...
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