So it has finally been made official that we are in a recession and have been for the last six months, I am sure to most of you this news is old and now that it has been made official does not really help anyone. So what is really happening with our banks and the economy as a whole? I have recently been recommended a blog and I have found it very interesting; Pestons Picks is the blog from the BBC business editor Robert Peston and you can find this blog from the home page of the BBC website and I have to say that it is one of the most informative out there in relation to our current economic climate and well worth a visit.
Jon
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