In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘collapse of Britain’

Take Britain out of Europe and you can take Scotland out of the UK

Posted by seumasach on December 14, 2011

Who are the separatists now? Take Britain out of Europe and you can take Scotland out of the UK

Iain MacWhirter

13th December, 2011

David Cameron’s decision to take the UK out of Europe will take Scotland out of the UK.  The Prime Minister’s use of the veto against the EU treaty on budgetary reform looks like the game-changer that the SNP leader Alex Salmond has been waiting for.   Attachment to the Union in Scotland is likely to evaporate as Scots realise that they have become an appendage to an essentially isolationist England with a sceptic media saturated with an ugly chauvinism. The hostility shown towards European nations is like a bad version of the hostility that old school Scottish nationalists used to show towards England. Only they grew out of it.

Read the rest of this entry »

Posted in Uncategorized | Tagged: , , | Leave a Comment »

UK credit rating downgraded… by China

Posted by seumasach on May 26, 2011

Of course, they would say that, wouldn’t they? And anyway, Dagong is not legitimate Wall Street controlled entity. ITNT retains full trust in Moody’s, Standard and Poor’s, and Fitch whose prescience helped us all to foresee the mortgage-bond market debacle.

BBC

24th May, 2011

The UK’s credit rating has been cut by the Dagong rating agency of China.

Read the rest of this entry »

Posted in UK economy | Tagged: , | Leave a Comment »

Sluggish consumer threatens recovery

Posted by seumasach on May 26, 2011

Shock Slump in Spending Put’s Brake on UK Recovery

Evening Standard

25th May, 2011

Britain’s fragile recovery hopes were rocked again today after the biggest slump in consumer spending for nearly two years and a second growth downgrade in as many months from the highly regarded OECD.

Read the rest of this entry »

Posted in UK economy | Tagged: | Leave a Comment »

 
%d bloggers like this: