Britain is on the verge of a recession and the number of permanent job vacancies is falling, two reports warn today.
The British Chambers of Commerce describes the outlook as ‘grim’ and warns that a recession could start within months.
It says it has uncovered evidence of a ‘menacing deterioration’ in the economic outlook. Another report, from the accountants KPMG, shows that the number of permanent job vacancies fell in June for the first time in five years.
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