In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘run on pound’

Sterling is a ‘sick little puppy’ as it hits 10-month low

Posted by seumasach on January 18, 2013

Telegraph

18th January, 2013

On Friday the pound fell 0.2pc against the euro to hit a ten-month low of 1.192, while it fell for the six-consecutive day against the dollar, down 0.4pc to 1.592.

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

George Osborne: ‘It is my job to tell the truth’

Posted by seumasach on November 16, 2008

 

What kind of democracy is it where discussion of the most crucial issues facing us is ruled out of order? Britain badly needs glasnost, openness.

Guardian

16th november, 2008

George Osbourne today dismissed criticism that he lacked judgment in predicting a run on the pound, insisting it was his job to tell “the truth about the British economy”.

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Posted in Financial crisis | Tagged: , , | Leave a Comment »

 
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