recession

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Economy won't go away as major election issue
Economy dominates as election nears

By Alex Stevenson Worries about the public finances, a massive strike from civil servants and party political sniping mean the economy is continuing to overshadow British politics as the general election draws nearer. There are less than two months to go until May 6th, the likely date on which Gordon Brown will choose to go… Read more »

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Deficit must be cut two years earlier than planned, CBI says
End deficit earlier, Darling told

By Alex Stevenson The government must balance the budget two years earlier than planned to address concerns about Britain’s AAA credit rating, Alistair Darling has been warned. The Confederation of British Industry’s (CBI) director-general Richard Lambert has written a letter to the chancellor stating that the only way to resolve worries about Britain’s fiscal credibility… Read more »