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

Shaken, not stirred. That’s the status of the Government bonds of the United Kingdom after the UK Treasury failed to sell all of them for the first time since 2002. Apparently, the recession is hitting on all cylinders now and what used to be “sure things” are now also failures. Previously, the UK Treasury wanted to sell 1.75 bln Pounds of 40 year old bonds but they were not able to sell them all. According to figures, they were only able to sell ... Read More