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UK Economy
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Author UK Economy
HenryTo
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PostPosted: Mon Mar 24, 2008 9:16 pm    Post subject: UK Economy Reply with quote

Watch for UK GDP growth to be negative at some point later this year:

http://www.bloomberg.com/apps/news?pid=20601102&sid=aVceC4WeTVFA&refer=uk
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rffrydr
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PostPosted: Fri Apr 24, 2009 8:22 am    Post subject: Reply with quote

Worst Q GSP figure on record--promises better things to come:


http://ftalphaville.ft.com/blog/2009/04/24/55092/total-production-nightmare-or-is-it/


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diesel
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PostPosted: Fri Apr 24, 2009 3:55 am    Post subject: Reply with quote

Maybe he wants the bankers to move to the Queens pirate islands. Out of sight out of mind.... The problem is what is he going to replace the financial revenue with?

I think the UK is finished... I expect the pound to continue to weaken against the dollar and especially against the euro....
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PostPosted: Thu Apr 23, 2009 10:29 pm    Post subject: Reply with quote

...yeah, but remember Super-Sarko's war on tax havens was beaten back at the G20--largely by Brown's hand.
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HenryTo
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PostPosted: Thu Apr 23, 2009 12:22 am    Post subject: Reply with quote

An utter diaster for the UK economy - as the top marginal tax bracket is raised from 40% to 50%, while its public sector debt is set to double over the next 4 years:

http://www.ft.com/cms/s/0/9b91c700-2f60-11de-a8f6-00144feabdc0.html
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HenryTo
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PostPosted: Wed Dec 10, 2008 3:12 am    Post subject: Reply with quote

UK government evaluating options for a potentially wider bailout:

http://www.bloomberg.com/apps/news?pid=20601087&sid=azQAjUX7cE7I&refer=home

Quote:
Darling is looking at a range of options to revive credit including whether to expand a 250 billion pound ($370 billion) Treasury program to support bank debt so that it covers mortgages and other loans, according to the person.
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PostPosted: Sun Nov 23, 2008 1:17 pm    Post subject: Reply with quote

British "rescue package" to be unveiled on Monday:

http://news.bbc.co.uk/1/hi/uk_politics/7744273.stm
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