At the start of 2007, there was hardly a cloud on the horizon for the UK economy. Twelve months on, economists are less confident of its capacity to weather turbulent global conditions in the year ahead.

Economists Survey

The results in full
Q1: What are the 3 main risks to economic stability in 2008?
Q2: How does the credit squeeze change the job of central banks?
Q3: How deep will the correction be in the housing market?
Q4: How far is it possible to ignore short-term inflationary pressures?
Q5: What needs to be donw with the public finances?
Q6: Are emerging economies the next global bubble?
Q7: To what extent will the US election affect the world economy?
Q8: Where will Northern Rock be this time next year?
2007 survey

The main risks to growth in 2008 stem from the problems in credit markets, the US slowdown and the pressures of rising oil and food prices, the 55 economists who answered the Financial Times annual survey thought.