 Joined: 6/28/2007(UTC)
Posts: 3,537
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Quote:August 30, 2008 -- Updated 1201 GMT (2001 HKT) UK economy 'at 60-year low,' minister warns Story Highlights * UK finance minister says UK faces worst economic conditions in 60 years * Alistair Darling: Current crisis will be "more profound and long-lasting" than expected * Darling admits ruling Labour Party faces a tough job to win fourth term in office LONDON, England (CNN) -- The UK is facing the worst economic conditions for 60 years and the current crisis will be "more profound and long-lasting" than expected, British finance minister Alistair Darling warned Saturday... Read on |
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Joined: 6/28/2007(UTC)
Posts: 3,537
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Quote: UK: Pound drops to all-time low against euro Story Highlights * British pound drops to all-time low against euro, and two-year low against dollar * UK finance minister says UK faces worst economic conditions in 60 years * Alistair Darling: Current crisis will be "more profound and long-lasting" than expected LONDON (AP) -- The pound fell to an all-time low against the euro on Monday after Britain's Treasury chief Alistair Darling said the country was facing the worst economic crisis in 60 years. Darling's comments over the weekend were underscored by a raft of new economic data -- covering everything from house prices and mortgage lending to manufacturing -- indicating that Britain is on the brink of a recession... Read on Yada attached the following image(s): |
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