Sources said that Britian is passing through a phase of severe financial crisis and is now on the verge of bankrupcy.It is facing such a crisis after a long perid of 28 yrs when currently GDP has gone down by 1.7 % against the expected rate of 1.2 % and sterling has gone down at the rate of 1.3646 $.
Due to this crisis there is very bad situation in Britian where every day 2500 people are losing their jobs and every 10 minutes one family is leaving the housing as they are not able to repay the instalments of home loan.
Also the unofficial media reports says that every 2 minutes there is one incident of theft in britian which suggests the critical condition of britian today.
It is expected that 19.2 lakh people will loose their jobs in britian due to this financial crisis.
Hope Britian takes effective measures to get ridd of this critical situation and people are spared from suicide and other sort of criminal offenses.
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