1. In times of severe recession companies are often forced to make massive job cuts in order to survive. 2. It has been a severe recession for the construction industry. 3. More severe recessions that last longer. 4. Record profits in time of recession Darlington Building Society has made record profits despite the severe recession in the housing Market. 5. We are in the middle of a severe recession. 6. What starts as a mild downturn becomes a severe recession through the reaction of risk-averse, highly leveraged businesses. 7. The government will squeeze the economy into a severe recession to force inflation down. 8. Darlington Building Society has made record profits despite the severe recession in the housing market. 9. A CONTROVERSIAL report which says Darlington is in the middle of a severe recession has been attacked as political propaganda by outraged Tories. 10. And his wide-ranging report suggests Darlington is in the middle of a severe recession which shows no sign of ending. |