FX Update: The UK's Fiscal Credibility

Mellor, Neil
January 2010
Global Finance;Jan2010, Vol. 24 Issue 1, p5
Trade Publication
The article discusses the economic status of Great Britain just after the global financial crisis in 2008 and 2009. It states that the fiscal deterioration in the country since the crisis has shown an improvement. It mentions that the debt issuance by the Bank of England's Debt Management Office (DMO) is accordingly rising and is projected to stand at over 200 billion pounds by fiscal year-end. Further discussion related to the economic status of the country is presented.


Related Articles

  • Global Financial Crisis: Impact, Challenges & Way-out. Dhameja, Nand // Indian Journal of Industrial Relations;Jan2010, Vol. 45 Issue 3, p336 

    The financial crisis, in a way, is a reflection of the imbalance between the growth of real and financial sectors. Easy availability of housing loan led to unprecedented levels of debt, three times the GDP in the US and Europe. Repayment defaults due to bubble burst added illiquidity and caused...

  • IMPACT OF THE FINANCIAL CRISIS UPON EASTERN EUROPE COUNTRIES: STILL A PROBLEM FOR THE ECONOMY OF THE REGION? Stroe, Mihaela-Andreea // International Conference : CKS - Challenges of the Knowledge Soc;2011, p1547 

    The paper looks at the impact of the global economic and financial crisis on a number of central, eastern and south-eastern European countries. The global crisis can be viewed as three interdependent and mutually reinforcing crises: a financial crisis, a liquidity crisis, and a crisis in the...

  • It's victory for businesses as recession dies.  // njbiz;9/27/2010, Vol. 23 Issue 39, p14 

    The article reports that the New Jersey business community has welcomed the news about the end of the economic recession in June 2009, which was proclaimed by the U.S. National Bureau of Economic Research after evaluating the gross domestic product, income levels and manufacturing output.

  • By the Numbers.  // Newsweek (Pacific Edition);7/26/2010 (Pacific Edition), Vol. 156 Issue 4, p16 

    The article presents statistics on Gross Domestic Products (GDP) lost during the recession in the first quarter of 2010 including 45% for Japan, 13% for Euro zone and 66% for the U.S.

  • Latin America. Sissell, Kara // Chemical Week;10/26/2009, Vol. 171 Issue 26, p19 

    The article offers a look at the impact of the global economic downturn on Latin America. In 2009, the gross domestic product (GDP) of Latin America is estimated to decrease by 2.5 percent despite the signs of economic recovery. A description of the consumers industries in Mexico is presented,...

  • Adviser Fund Index. Eschenbacher, Stefanie // Money Marketing;9/10/2009, p27 

    The article presents an analysis of China's economic recovery from the 2009 global financial crisis, according to Organization for Economic Cooperation and Development. It notes that its GDP has increased by an annual rate of approximately beyond 14 percent in the second quarter. David Wynn,...


    The United Kingdom has recorded a high growth rate over the past decade - higher than in the euro zone. A sudden and shocking deterioration took place in 2008 when the crisis of the financial system was further deepened and the prices in the domestic real property market decreased steadily. As...

  • Rebels with a cause can beat moral crisis. Ennals, Paul // Children & Young People Now;1/10/2012, p18 

    The author discusses aspects of the 2008 financial crisis in Great Britain. He is critical of the measures undertaken by the British government in order to overcome the crisis. He opines that the country failed to manage the inevitable reductions in budgets and are unable to face the moral...

  • THE CRASH IN PICTURES.  // New Statesman;9/14/2009, Vol. 138 Issue 4966, p30 

    A photo essay that documents the global financial crisis of 2008-09 in the United States and Great Britain is presented.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics