Now There's No Denying the Spread of the Feelbad Factor ; Economy

Summary

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The fog of economic gloom descends like a hangover on a nation already grappling with a gnancial headache brought on by a prolonged binge on credit.

For the best part of a decade, low infation, cheap credit and healthy economic growth allowed for a collective splashing of the cash to the delight of retail and business chiefs alike.

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Extract

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Now There's No Denying the Spread of the Feelbad Factor ; Economy

But the party is now well and truly over - soaring household bills, creeping unemployment, falling house prices and a faltering economy have seen to that.

All that appears to be left is a general feeling of regret as pe...

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