Posts Tagged UKFile not found. United Kingdom is in an even deeper recession
The second estimate shows that the UK economy contracts by 0.3% in the first quarter, revised down from a 0.2% contraction.Here’s the evidence that austerity does not work
The UK’s net public debt amounted to 66%, the highest on record, demonstration how austerity failed to produce what it was supposed to produce.Europe: Interest rates kept steady in the UK and Eurozone
Both Bank of England and European Central Bank are keeping rates steady, but the ECB is worried about inflation.Europeans say NO to QE2
While the Fed did QE2, the Europeans have shown little love for that.United Kingdom: Growth?
Although growing faster than expected, I am very sceptical about UK’s economic prospect amid spending cuts.UK retail sales dropped unexpectedly
UK retail sales and morgages approval dropped, highlighting the loss of confidence even before the spending cuts.
Politics & Society. 19 October, 2010, 18:52Defence Cuts: Jim Hacker vs. David Cameron
The PM of the UK will announce defence cuts. See what the fictional PM and his cabinet secretary said in “Yes, Prime Minister”.UK jobless claim increase for two straight months
UK jobs market is not doing well. Another opportunity to blame the government.UK consumer confidence drops
UK consumer confidence dropped, and, again, was attributed to spending cuts.UK Inflation was above limit
UK inflation is still high although the growth has slowed.UK economy slowed considerably
The UK economy slowed in third quarter, and people start blaming government cuts.Will there be a Double Dip Recession?
Double dip or not is not the question. The problem is there are many troubles head. Whether to call it a “double dip recession” or a “long-period of sluggish growth with occasional shocks” is up to you.British Pound weakened. How about UK economy?
British pound weakened, and the economy would not be great.Economic outlook: UK
The outlook for US was dim, but it was not good for UK either.