News Journal

Shares slide in London market

On Friday stock market of London fell to end one of the best market times of the month. The European, Asian stocks and U.S, stock futures were low on Friday as the banks are preparing to announce a cut in rates in the week.

The economist across the globe changed their growth forecast for the year 2009 to 1.3% and the markets of U.S. and U.K. are now predicting a negative growth. The experts expecting that the recovery from crisis will be slow in 2010.