“Some of the reasons for this need little explanation. Low growth has undermined attempts to reduce the fiscal deficit, which remains one of the highest in the OECD. This in turn is likely to lead to the loss of Britain’s prized triple A credit rating this year, making the UK comparatively less attractive to overseas investors. What’s more, capital flows from the eurozone to perceived ‘safe havens’ such as the UK are slowing as the crisis eases. There is also evidence of elevated concern among investors about Bank of England money printing.”
Related posts:
U.S. Postal Service loses $5.2 billion, warns of low cash
Execute elephant poachers on the spot, Tanzanian minister urges
'Crack baby' study ends with unexpected but clear result
President Obama: 'I Have Not Made a Decision' on Syria
Kerry blames Iran for attack on Iraq camp
Fears of NSA surveillance hurting the U.S. cloud computing industry
CIA Was Involved In U.S. Spying On Germany
Foster parents of separated immigrant children 'don't know how much worse it could be'
Money 3.0: How Bitcoins May Change the Global Economy
USPS to raise stamp prices again, blames shrinking delivery volume
What Will Obamacare Cost You?
Obama: ‘We don’t have a domestic spying program’
Scientists: Legalize horn sales to save endangered rhinoceroses
Britain has left the European Union in all but name
Afghan policeman kills 7 allies after US general slain in "insider" attack