TITLE

The people pay the price

AUTHOR(S)
Brummer, Alex
PUB. DATE
January 2008
SOURCE
New Statesman;1/28/2008, Vol. 137 Issue 4881, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
In this article the author discusses the impact of the 2008 financial crisis on the economy of Great Britain. He suggests that hesitancy in reacting to the crisis manifested by the Labour Party government of prime minister Gordon Brown may lead to an economic recession in Great Britain. A government bailout of Northern Rock, a bankrupt British financial institution, is examined. INSET: THE CRUNCH: A TIMELINE.
ACCESSION #
28600307

 

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