The Crossrail hole plot, Big Business agenda-courier BBC's failure to cite Crassrail as the panacea to the looming recession VINDICATES Khoodeelaar!

0438 Hrs GMT 0538 Hrs UKTime London Tuesday 8 July 2008:
KHOODEELAAR! the constitutional, ethical, moral economic , environmental, evidential law-based campaign against the “liars’ scam “Crossrail hole plot” TOLD YOU SO!

That Crossrail London was always a Big business scam to loot the UK public of £Billions of money under cover of a transport ‘project’ which h was NOT about the UK or the London economy.... As is shown in the item we have taken from the BBC this morning. In it, the BBC lyingly reports that businesses are admitting to looming recession. Where is the lie? The lie is in the fact that the businesses do NOT say that the recession can be averted by building CROSSRAIL! Which is what they would have said had Crossrail been as ‘magical solution to the London and the UK economy’ that it has been touted to be by all the peddlers... and liars... including by the BBC’s lying reporters for Big business CRASSrail.... [To be continued]



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Page last updated at 03:28 GMT, Tuesday, 8 July 2008 04:28 UK
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Recession 'looming' for UK firms


High street shops have added to the gloomy economic mood.
The UK is facing a serious risk of recession within months, the findings of a survey of almost 5,000 small and medium-sized businesses suggest.
The British Chambers of Commerce's (BCC) quarterly report found the credit crunch and rising costs had dented the most important sectors of the economy.
Firms in the manufacturing and services sector said domestic sales and orders had slowed over the last three months.
If these trends continued, a recession was only months away, the BCC warned.
The BCC, which represents many small and medium-sized businesses, also said firms were experiencing serious cash-flow problems.
Its economic adviser, David Kern, said the survey showed a "menacing deterioration" in UK prospects.
"We are now facing serious risks of recession," he said.
Grim outlook
"The outlook is grim and we believe that the correction period is likely to be longer and nastier than expected."
Services firms, which include restaurants, gyms and tour operators, have been particularly hard hit, the BCC reported.
Sales and orders, job expectations and confidence in this sector had hit their lowest levels since the recession of the early 1990s.
The BCC's director general David Frost said the report was deeply worrying.
"I am sending Alistair Darling and Gordon Brown a strong message from the businesses I meet every day up and down the country," he said.
"To put more pressure on business would not only restrict business growth and hit the consumer hard, it would crush further what our economy is based on - confidence."

There has been disappointing news on house building and mortgages
The report is likely to add to the wave of pessimism sweeping across the business world, from retailers to house builders.
Last week, the housing market suffered another blow when the Bank of England said mortgage approvals had plunged by 28% in May and were 64% lower than a year earlier.
House builders are cutting jobs and offices as the property slump continues.
Persimmon, one of the UK's biggest house-building companies, is expected to announce 1,000 job losses later.
The firm reported a 24% drop in revenues from the beginning of 2008 to April, and has seen its share price plunge to a fifth of its value a year ago.
Rachel Waring, a broker at Panmure Gordon, said Persimmon was a "bellwether" of the sector, adding: "We believe conditions in the housing market have deteriorated further since the company last reported."
Job losses
Builders Taylor Wimpey and Barratt Developments have also announced 2,000 redundancies in the past week.
The mortgage drought has meant many people have been unable to secure the finance they need for a new home, while falling property prices have also put people off buying.
There was also grim news from manufacturers last week, a sector that had provided the only bright spot on the horizon until recently.
A survey showed output had fallen at its sharpest rate in nearly a decade, while inflation pushed up factory gate prices.
On the High Street, a profits warning from Marks & Spencer has not helped.
Some economists believe the chances of a recession in the UK are now 50:50.
They had hoped the slowdown in the economy would eventually reduce inflation, without turning into full-blown recession.
There are a number of definitions of a recession, but the most commonly used one is when there are two quarters in a row of economic contraction, or negative growth.