Tesco shines a light on British Economy In the midst of this global economic meltdown people are looking for some signs that things will be turning out better. People want to hear some good news from any part of the business sector so that at least they would have hope that things may not be as bad as it looks. As it turns out, Tesco, is that sparkling glitter of hope. Yes, Tesco, the supermarket that promises the best prices and the ... Read More

With the Bank of England Governor Mervyn King speaking his mind on the government’s direction to introduce new fiscal stimulus plans to boost the economy, British Prime Minister Gordon Brown responded seemingly in the defensive.  King gave a statement on Tuesday, March 24, 2009 that the government should not give out any more fiscal stimulus since there is a growing budget deficit.  According to Brown’s spokesman, the fiscal stimulus is only one of the strategies the government is going to use to ... Read More