Sean O’Grady Archive

EU warns UK that its debt is unsustainable

[Skip to the end] EU warns UK’s debt is ‘unsustainable’ By Sean O’Grady Oct. 15 (The Independent) —A damning report by the European Commission on the long-term prospects for Britain’s public finances warns that Britain is at “high risk” of running unsustainable debts – implying that the nation will be unable to ...Read More

The Independent: UK Bank deputy chief warning

Bank deputy chief warns of market trouble to come by Ben Russell, Political Correspondent and Sean O’Grady Britain is facing the risk of renewed turmoil in the financial markets, the new deputy governor of the Bank of England warned yesterday. Professor Charlie Bean, the deputy governor for monetary policy and a former ...Read More