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Gordon Brown claims UK will bounce back stronger

Despite suggestions that internal UK government figures suggest the ongoing recession will be longer and harder than anybody had ever thought, Gordon Brown has come out today suggesting that the UK would become a "beacon of hope" in the global turmoil. While these are very moving and emotional words at this moment in time there is very little evidence to back up Mr. Brown's thoughts that the UK economy will bounce back quickly and become even stronger.

Indeed a number of third-party reviews and forecast for the UK suggest the country has one of the weakest economies in the world and the public purse is in worse shape than many developing countries. All in all it will take a huge turnaround in the UK economy to replenish the government budget, stop the substantial rise in unemployment and also see the rate of sterling move back towards "historic norms".

While there is no doubt that Gordon Brown is doing his best to try and inject some activity and confidence into the UK economy this constant upbeat style is starting to wear very thin with UK taxpayers who see their cost of living continue to rise in real terms. Repossessions are moving toward record highs, interest rates are moving towards record lows, unemployment is set to approach the 3 million mark and we are seeing well-known companies disappear from the high street. All in all, not a great scenario in which to be upbeat?

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