Monday, Feb 11, 2008

Britain might dwindle into an insolvent dwarf, the Northern Rock of nations

times: Darling: a menace to Britain

Global businesses look at the present Labour Government and think about moving away from London
The City of London is the jewel in the crown of the British economy. In terms of other economic factors, Britain may only be a second-class power, in manufacturing, invisible trade or in research. As a European economic power, Britain ranks above Italy and about level with France. Yet in finance the City of London meets Tokyo or New York on level terms as a major player. The City of London earns the living of the United Kingdom. Without the City's earning power,

Posted by chris @ 03:01 AM (110 views) Add Comment

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