Tag Archives: economics

Brown claims global leadership spot as his economy’s still in coma

12 Jan

Saying that Gordon Brown’s ambitious is an understatement.

The Guardian today quotes Brown telling GMTV that his government is leading the world in its policies for dealing with the global downturn.

Earlier on today, Brown’s government announced it will give employers up to €2,800 for every new worker they hire prompting newspapers to dub this initiative as the ‘golden hello’.

The initiative will cost the public coffers €560 million.

Young graduates are also on top of Brown’s agenda as plans to create 35,000 new traineeship posts were unveiled.

Brown has been on a spending spree since the begninning of the crisis. However, Sky reports how he’s failing to excite business confidence with only 28% confident in his ability as PM.

Maybe Brown would be better off in stimulating the businessmen’s creativity with funds fostering more innovation and research and helping those who are really in need rather than giving handouts to everyone.

Are Brits past their best-before date?

10 Jan

Did you ever taste Nutella past its best-before date? According to Brits, it tastes even better in times of crisis.

News which appeared yesterday on The Financial Times shows how British web site selling foodstuff which is past its best before date has registered a tenfold increase in its sales since the start of the financial crisis.

Elizabeth Rigby and Jane Croft report how Approved Food, a Sheffield based web-site, is selling like crazy.

Tough times ahead for the fine stomach.