Category Archives: Economic News

FSA chief admits wrong about urging UK to join the Euro

Posted on October 29, 2011 by admin

Lord Turner, the Chairman of the Financial Services Authority, has publicly stated that he may have been wrong about pushing the UK to adopt the Euro stating that he did not predict the sovereign debts of the EU and the … Continue reading →

Posted in Economic News | Tagged advocates, bank failures, brink, coordination, debt crisis, debts, decade, dissolution, economic policy, enlightenment, Euro, euro bank, eurozone, exchange rates, faults, financial services authority, living in the uk, nerve, productivity, single market, sovereign debt, UK | Leave a comment

Arts Council in England has funding cut

Posted on June 18, 2011 by admin

This week the term black art funding day fell into many people’s vocabulary that follow arts and culture when the Arts Council England was forced to face the reality of funding cuts that will result in 200 organizations losing their … Continue reading →

Posted in Economic News, Special Report | Tagged ace, art and culture, arts and culture, arts council england, black art, budget cuts, budgets, Business, chief executive, culture organizations, decisions, different art, government budget, grants, intellectual framework, struggle, UK, vocabulary | Leave a comment

Irish debt fears concern market shares

Posted on December 29, 2010 by admin

Euro and shares have fallen over concern that the Irish debt crisis may extend into other countries in Europe that have even larger budget deficits. The fear is that if Ireland can fall into debt, so can other surrounding economies … Continue reading →

Posted in Economic News | Tagged angela merkel, asian countries, austerity, budget deficits, chancellor of germany, countries in europe, debt crisis, dow jones, dublin, economic crisis, Economy, european countries, european markets, fears, ftse 100, hostile situation, investments, market shares, midst, perilous state, south korea, UK | Leave a comment

Anti-austerity measures provoke protests across Europe

Posted on September 29, 2010 by admin

Across Europe, tens of thousands of protesters came out in protests against reductions in spending by some EU governments in response to the effects of the financial crisis. A large scale general strike was held in Spain, resulting in violent … Continue reading →

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China indicates rise in currency value

Posted on June 19, 2010 by admin

China announces recently that it will consider allowing the Yuan to rise against foreign currencies such as the US Dollar and the  GBP. Amid increasing concerns from Western economies, China has indicated that it will consider allowing the value of … Continue reading →

Posted in Economic News | Tagged China, Economics, Europe, Manufacturing, Trade, US Dollar | Leave a comment