UK News Highlights Archive

UK’s Brown is ‘angry’ with banks for financial crisis

[Skip to the end] Brown Is ‘Angry’ With Banks for Financial Crisis, Mirror Says Brown has it backwards, as most do. Lack of lending is a ‘good thing.’ It means ‘full employment’ can be sustained with much lower taxes for any desired level of government spending. Too bad they are all out ...Read More

2008-03-27 UK Highlights

Things may have started turning up in March in the UK as well as the US and the eurozone. U.K. Business Spending Reaches Highest Since 2005 (Bloomberg) – U.K. business investment rose to the most in 2 1/2 years in the fourth quarter, led by manufacturing companies. Investment in equipment, vehicles and ...Read More