Wednesday, 18 March 2009

Recommended Reading List #14

Bob Sherwood of the FT visits town, using Reading as a barometer for the state of the downturn in the national economy.

He notes that the downturn in the local commercial property market is a result of over-supply as much as the credit crunch, but the broad base of the economy Reading's unrivalled position as an exporter makes it more robust and able to withstand pressure on credit supply and currency devaluations.

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