Budget Headlines : Government defends unemployment figures
Government defends unemployment figures
Share this..
Related stories
Is Barclays bank on the verge of a £5 billion disposal?
The Sunday Times and Sunday Telegraph have today been running stories regarding Barclays Bank and a £5 billion disposals of the companies fund management division. Reports suggest that the iShares business is up for sale as the group looks to avoid ongoing talks with UK authorities regarding the toxic debt insurance plan. As we covered in one of our earlier posts the UK authorities are pushing Ba...
Read MoreIs there a major cover-up in the UK banking sector?
As the news of more toxic losses across the UK banking sector breaks there is concern that many problems being experienced by UK banks are not being released into the public domain. While there is a need to clarify and confirm any potential losses there also an obligation for UK banks to inform shareholders as soon as possible regarding any substantial change in this circumstance. The fact that Go...
Read MoreRecession Watch : Bank of England
In the early days of the UK recession, like so many regulators around the world, the Bank of England effectively "got it wrong". Nobody had ever seen a situation developing such as that which transferred from the US sub-prime mortgage market to the worldwide money markets. The fact that many banks in many countries had significant exposure to the US, by far the largest financial market in the worl...
Read MoreOECD claims UK government can't afford election giveaway
The Organisation for Economic Co-operation and Development (OECD) has today issued a stern statement aimed at Alistair Darling suggesting that the UK economy is in such a dire state that he cannot afford to even contemplate a "pre-election giveaway program". The statement comes after the release of October figures for government finances which were the worst on record and show the true demise of t...
Read MoreRecession Watch : Political Polls
One of the first signs indicating the end of a recession is a return of support for the government of the day, i.e. the Labour Party. However, the situation in the UK is slightly different because of ongoing scandals regarding MPs expenses and the recent e-mail sage emanating from number 10 Downing Street. However, many political analysts believe that as and when the UK recession ends we should se...
Read More