Hopes of economic upturn dashed

Hopes of economic upturn dashed - 1991 - Sunday Times 30/6/91 p1 Financial Times 1/7/91 p8(2) .

London Business School warns that the recession will continue at least until the end of the year predicting that over 1m jobs will be lost in service industries over the next twelve months. The retail sector and tourism are feeling the effects of the slump with Dun & Bradstreet `s latest report showing businesses collapsing at a rate of 900 per week.


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