Bludgeoned Britain slides further down the plugholeThe British budget is the grisliest in history with Alistair Darling putting his name to what is fast becoming an economic basket case.
Gloom
Jobless threat makes mockery of US “rebound”
The latest so-called “Beige Book” from the US Federal Reserve is the most ‘cheery’ in months, despite the imminent threat provided by unemployment.
US Fed: we’re years away from a turnaround
The US central bank has sharply downgraded its economic outlook for 2009 and 2010, confounding analysts who had been predicting an uptick.
