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Economic review of April 2008

The big news at the moment is clearly all about interest rates and we will consider these in a moment. But there is a lot else going on in the economy, not all of which is directly related to the mess that greedy banks have got us into.
Stockmarkets have so far refused to collapse as can be seen below. Markets remain volatile, but looking at the FTSE over the past 24 years, when were they anything else?
Read on..
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