UK Leaders Didn’t See It Coming

Categories: Economic Forecast/Analysis

gordon-brown

Chancellor Alistair Darling recently acknowledged that the present economic problems that the country is experiencing will get worse than thought. This could mean that the two-year recession is well on its way now.   Everyday, news from almost every aspect of the British economy seem to only bring disappointment and anxiety.   The Chancellor stated that the recession has so far been worse than he expected. Darling is expected to lower his growth forecasts in the upcoming budget.   UK Prime Minister Gordon Brown stressed that his ... Read More