Bills bigger threat than recession - AIC

A further 8% are most worried about the effect of the credit crunch on their investments, found The Association of Investment Companies’ (AIC) research. The findings contrast sharply with six months ago when a quarter feared a recession, it says. Mirroring sentiment, 29% of active investors’ primary fear is food and energy prices fuelling inflation, with 22% most concerned about the possibility of a recession and 10% about the credit crunch. These concerns have affected the way people manage their money, with 35% of active investors and 23% of the public decreasing their spending a...