CITY VIEWS: DO YOU AGREE WITH THE FSA’S DIRE ECONOMIC ASSUMPTIONS?
MO MAYET INGRAM MAYET
“I think their predictions are very gloomy – and that scaremongering like that isn’t going to help matters. I think the economy will remain stable for the next 12 months or so and then recover steadily, but I’m shocked by the FSA’s predictions.”
MICHAEL PERISSINOTTO MIZUHO
“I think these figures sound a lot worse than anything I’ve heard so far, and I certainly hope the situation won’t get that bad. I would be shocked if house prices halved as it seems far too drastic, and the FSA’s GDP assumption sounds pretty negative too.”
JIM DUFFY SHEPHERD & WEDDERBURN
“I actually agree with the predictions, especially for house prices – I am a potential first-time buyer and the market seems to be getting more and more squeezed. With firms like General Motors continuing to have problems, it’s still all gloom, gloom, gloom.”