CITY VIEWS: IS THE UK HEADING FOR ANOTHER RECESSION?

CHRISTINE GREENWOOD | KENNEDY PEARCE

“Yes. We are headed for another recession because the moment the UK gets out of recession, we end up spending too much money, which eventually pushes us back into recession.”

PADY CHATZIS | INTERMAR

“No. Britain is likely to perform well and this is because of the new government and tighter regulation. European countries like Greece are doomed, while Britain is safer from a recession.”

JULIA HAYHOE | BAKER & MCKENZIE

“No, the UK isn’t headed for another recession. My sense is that a lot of people took longer holidays than normal over the summer but they’re back now, and are highly motivated. It will be tough but we’ll avoid another recession.”