The British economy shrank by 0.2% in the fourth quarter of 2011, according to official ONS figures, edging closer to a recession (defined in the UK and Europe as two or more consecutive quarters of contraction). This is worse than economists expected, having pencilled in a 0.1% contraction. In the third quarter of 2011, the […]
The UK Economy Edges Closer To A Double Dip Recession Read More »
The UK Is Back In The Recession It Never Came Out Of. In Reality The USA Is No Different The definition of recessions has altered over the years and varies from country to country and continent to continent. In the UK A recession is defined as two consecutive periods of negative growth. In the USA
The UK Is Back In The Recession It Never Came Out Of Read More »
There’s a cast iron tradition woven into the fabric of the UK psyche; over the holiday period we get together after the main two days have passed and moan about the rubbish that was on television. Moving aside the fact every news broadcast is occupied for the first fifteen minutes with tedium regarding what the UK
Is Another Credit Crunch Inevitable? Read More »
The French term Entente Cordiale, translated as “cordial agreement” or “cordial understanding”, was first used in English in 1844 to denote recognition of common interests between the United Kingdom and France. When used today the term almost always denotes the second Entente Cordiale, that is to say the written and partly secret agreement signed in
Sacré Bleu, La Fin De L'Entente Cordiale Read More »
UK unemployment has hit a fresh 17-year high after the public sector shed thousands more jobs than anticipated and as many economists predicted the private sector failed to pick up the slack. Youth unemployment increased holding above the record high of over 1 million and the total number of unemployed people rose to 2.64m over
UK Unemployment Reaches Seventeen Year High Read More »
