Qualified advisers answering your
Financial Questions
call 0800 092 1245

The Spin King is back

Lord Mandelson has today stepped into the limelight and taken on the role of government enforcer with a mission to tackle the "doomsters" who are talking down the UK economy. While there is no doubt that Mandelson has taken on a number of significant tasks in the past, even he will have his work cut out trying to talk up the economy which is literally on its knees with unemployment set to rise substantially. So what can we take from this new strategy from the government?

Unfortunately it looks as though the UK comment is becoming more and more desperate in the knowledge that so far the various rescue packages and stimulus packages have yet to make a significant impact and consumer confidence is ebbing away. However, while Lord Mandelson may publicly have vowed to take on the "doomsters" he has to realise that those talking down the UK economy have more than sufficient figures to back up their opinions. The government's case has not been helped by various comments from ministers regarding "green shoots" and "an upturn in the housing market" which were well short of the mark.

If this potential strategy blows up in the face of the UK government they will be wide open to claims of spin and a return to the Tony Blair era of government, something which Gordon Brown vowed never to return to.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details