Why share price falls will put the brake on consumer spending (Daily Telegraph)
Story date: 2008-01-22 06:39:58
Added on: 2008-01-22 18:44:26
Yesterday morning, I nearly threw the radio out of the bathroom window. The cause of my temper tantrum was yet another air-head contributor claiming that what was going on in the City - sharply falling share prices - had nothing to do with life in the real world. It's a view that you might have expected from a 1970s social affairs lecturer, but not in post-Thatcherite Britain.
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