Wednesday, Mar 18, 2009
David Blanchflower fears that one in 10 Britons could be out of work by the end of this year
International Herald Tribune: Reports show more weakness in U.K. economy
A record number of Britons signed up for unemployment benefits last month, average pay shrank in January for the first time since at least 1991 and David Blanchflower a Bank of England policy maker said he feared things would only get worse. "The worry is that this is all going to get much worse and we need to do something about it;" - well what is it then?
Posted by enuii @ 11:00 PM (336 views) Add Comment
1 Comment
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1. a saver said...
"The worry is that this is all going to get much worse and we need to do something about it," said Mr. Blanchflower.
He's done enough harm already.