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Initial crisis over, but market fall-out just beginning predict experts

By Katie Razzall

Updated on 22 September 2008

Thanks to banking bailouts, experts predict major government borrowing will last at least another year.

While the immediate drama of the stock market crisis might be over, with borrowing up and incomes down the wider consequences may just be surfacing.

And what with City jobs lost and share prices slashed falling tax revenues will not be able to make up the gap.

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