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Evening Standard

Business

Mark Banham

Four in five finance heads predict recession within a year

Deloitte Recession Bank of England

Deloitte says debt now less attractive form of future finance for businesses
(Picture: Getty Images)

The UK will dive into recession within the next year according to four out of five financial heads at the world’s leading businesses.

An economic crash was predicted by 78% of senior executives surveyed for audit giant Deloitte’s third quarter UK chief financial officer (CFO) survey.

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