All Posts Tagged With: "British politics"

British Prime Minsiter Could Do More Damage to U.K. Economy

Across the pond, Fleet Street Daily’s Ben Traynor says the Bank of England has about as much idea as the rest of us when it comes to the current economic crisis. Worse still, Ben says embattled British prime minister Gordon Brown could do even more damage to the economy as he seeks a short-term reprieve in opinion polls by targeting major oil companies.

The Misery Index Is Set to Make a Comeback

The Misery Index is set to make a comeback in Britain. It’s a fair bet that only those of you who remember the 1990s recession will have much idea of what I’m talking about, because that was the last time anyone spent any time discussing it. So what is it?

Why the Credit Crunch Is Good News for Game Birds

An important date in the City’s social calendar went almost unmarked this week. Tuesday, the Twelfth of August, marked the official start of the grouse shooting season. It’s easy to see why amid the war in Georgia, and fear of recession in Europe, people might have had other things on their minds.

This So Called ‘Basket Case’ Looks Like a Brilliant Investment

“Its economy has grown by an annual average of 5.7% since 2000. And it’s picking-up speed,” writes Profit Hunter’s Manraaj Singh. The IMF predicts that it will hit 7% by 2010. And that could continue for the next two decades.

The Government Kept This Big Problem Buried, until Now

For most of the last decade the government has trumpeted its economic record. Growth was steady. Prices were stable. Employment was rising. But there was a big problem. At first, the government thought it had solved it. In fact, all it did was bury the problem under a big pile of taxpayers’ money. Now the public finances are screwed up. The government can no longer afford to keep this problem under control. It’s about to hit the economy with a vengeance.

Will a Run on the Pound Prompt an IMF Bail-Out?

It’s late autumn, 1976. Britain is facing yet another sterling crisis. In less than two years the pound has fallen from $2.40 to $1.60. Investors have no faith in the British economy, or the government that runs it. The Budget is a mess — vital public spending will have to be cut.

3 Things That Point to a Wage Price Spiral

“Everything’s just so expensive!” This was from my South African friend, Alex, who was working out her household bills yesterday. She’s been in London for less than a year, and is still adjusting.

Why Is Gordon Brown Still Prime Minister?

Just why is Gordon Brown still in office? Why? I remember all the “Vote Blair, Get Brown” talk from Labour supporters in the run up to the last election. Well, we’ve got him now. Had him for over a year. And it’s a long time since I heard anyone say “Tell you what — I’m a big Gordon Brown man, me.”

Why Brown’s Rule-breaking is Great News for Trade Unions

How not to solve the financial crisis. The past really is sweeping back to haunt Gordon Brown. If you wrote the film script of his career, no one would believe it – it’s far too loaded with poetic justice to be true.

No Economic Recovery Until the Second Half of 2009

The outlook for the US economy isn’t pretty.

As we reported earlier this morning, economists surveyed by Bloomberg estimate US growth will slow to 0.5 percent from October to December.

The US economy is not yet officially a recession. But most commentators are treating it as such, including Lord William Rees-Mogg, former editor of The Times and regular contributor to The Daily Reckoning UK. Lord Rees-Mogg says there won’t be a recovery until the first half of 2009…

Receive These Valuable Investing Strategy Resources to Your Inbox Courtesy of Contrarian Profits

    Subscribe
We respect your privacy.
Choose any of the FREE subscription services below that you'd like to receive, enter your email address, and click 'subscribe'.
Contrarian Profits

The Daily Reckoning



Select Edition:
Penny Sleuth

Money Morning

Investor's Daily Edge

Money Morning UK

Investment U

Whiskey and Gunpowder

Taipan Daily

Offshore A-Letter

Today's Financial News

International Living

The Smart Profits Report

Spiritual Wealth