Most UK business bosses fear recession in 2012
Most UK business bosses fear recession in 2012
A poll said that of the 1,000 directors polled, about 53 pc said they envisioned a moderate risk of recession.

London: Around 35 per cent of directors of British business firms think there is a high risk of a recession this year, says a survey.

A poll by the Institute of Directors (IoD) said that of the 1,000 directors polled, about 53 per cent said they envisioned a moderate risk of recession, while only 11 per cent saw a low or very low risk of recession this year.

According to the IoD, the business leaders were relatively confident despite the country's weak economic outlook, Xinhua reported.

If a recession were to occur, around 43 per cent of the directors polled believed it would be short and mild, and 33 per cent said it would be long but mild.

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