Britain

Brexit has made Britain the sick man of Europe again | William Kegan

When recently asked about the Today program to quote chapter and verse on the subject of Brexit “opportunities” Michael Gove, the Secretary of State for All Seasons, was hopelessly out of depth. However, Gove missed a round. What he should have said, but as a registered Brexiter obviously could not, is that the only “opportunity” …

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Luxury goods boom in Britain as super-rich youngsters weather recession

They are young, wealthy and mortgage-free, and the descendants of the 1% are in their twenties. Despite the economic gloom currently surrounding the UK and many other Western countries, sales of luxury brands have exploded and a growing number of shoppers are young adults. Swiss watches, Louis Vuitton sneakers, rare Birkin bags and 81-year-old whiskeys …

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Britain brings back austerity.  Here's why |  CNN Business

Britain brings back austerity. Here’s why | CNN Business

London CNN Business — The last time a UK finance minister revealed tax and spending plans, the markets went haywire and the country’s prime minister eventually lost her job. The new government is not looking for repeat performance. On Thursday, Chancellor Jeremy Hunt is due to unveil a budget that will aim to restore confidence …

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