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Worldwide credit crunch will hit homeowners the hardest

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  • Worldwide credit crunch will hit homeowners the hardest

    Jim O’Neill, chief economist at Goldman Sachs, has warned that UK homeowners will suffer the most as Britain takes the biggest hit of the worldwide credit crisis. Out of all the world’s economies, Britain is likely to be the worst affected. According to Mr O’Neill, the UK has a heavy reliance on financial services and was [...]

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