London Firms 'Took a Gloomy View Even Before the Bombs'

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WHILE consumers may have proved more defiant than expected in the wake of the recent London bomb attacks, confidence among firms in the capital had crumbled even before they took place, it has emerged.

A balance of 17% of companies in the capital believe the UK economy will worsen over the next 12 months, according to a survey by the London Chamber of Commerce conducted shortly before the blasts.

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London Firms 'Took a Gloomy View Even Before the Bombs'

That is the gloomiest figure since the run-up to the Iraq war and a dramatic deterioration fro...

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