Tag Archives: uk unemployment

Stacy Summary:  Way back in 2008, Darling & Brown bought several banks on behalf of the frightened taxpayer.  They assured us there would probably be profits.  Who coulda known that there would not, in fact, be any profit for the taxpayer but massive and increasing losses?

• IMF says UK will face the worst losses of any industrialized nation

• UK unemployment jumps to 2.1 million, public debt soars to £90 billion

• BHP Billiton slashes copper output by 30 pc

• Truckmaker Volvo cuts 1543 jobs

• UK’s top tax rate to rise to 50%