This weekend, with the Greek Parliament staging a dramatic “make-or-break” vote on monetary union, it would be easy to lose sight of what’s happening in the UK. Read More Britains extreme QE is dangerously counterproductive
Concerns are mounting that Britain may have to contribute a further ?30bn to eurozone rescue loans through the International Monetary Fund, matching the sorts of burdens shouldered by Germany, France and other EMU states. Read More Confusion over Britains ?30bn share of IMF rescue for Europe
Telegraph View: There is a unique opportunity to create the kind of EU most people in this country want. Read More The eurozones crisis is Britains opportunity
George Osborne has been given a boost as official figures show that higher taxes and lower spending last month delivered the Treasury’s first surplus in 2011. Read More Bank levy and VAT boost Britains public finances
Larry Summers, President Obama’s chief economic adviser for his first two years in office, has labelled Britain’s plan to revive growth by tackling its deficit as “oxymoronic”, in an unusually outspoken attack. Read More Britains deficitcutting plans are oxymoronic says former US Treasury Secretary Larry Summers
The Great Britain pound jumped today after the report showed that Britain’s service industry unexpectedly grew in March, supporting the outlook for higher interest rates.(…)Read the rest of Britain’s Service Sector Makes Sterling Stronger (59 words) Posted on Forex News. Read More Britains Service Sector Makes Sterling Stronger
The Great Britain pound were attempting to advance on the previous two days, but the potential rally was cut short as the consumer UK confidence experienced a significant decline.(…)Read the rest of Britain’s Pound Goes Down as Consumer Confidence Slumps (94 words) Posted on Forex News. Read More Britains Pound Goes Down as Consumer Confidence Slumps
David Cameron faces a clear choice – economic rejuvenation or Britain’s decline, writes Nile Gardiner. Read More Britains economic freedom is under threat
The Great Britain pound rose today against the US dollar on the speculation that the European policy makers would begin the bonds purchasing program to resolve the debt crisis, increasing the attractiveness of the British assets. The currency fell against the euro.(…)Read the rest of Britain’s Pound Gains vs. Dollar, Weakens vs. Euro (72 words) Posted on Forex News. Read More Britains Pound Gains vs Dollar, Weakens vs [...]
A number of multinationals have relocated their activities abroad in response to the UK’s loss of tax competitiveness and the potential impact on the UK’s international leadership in financial services is of particular concern, says McKinsey in its report From Prosperity to Austerity: Seven Priorities for Prowth . Read More Fears for Britains leadership in [...]
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