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ft.com - 6/30/2009
FT.com / UK / Economy & Trade - UK economy shrinks most in 50 years
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Official figures on Tuesday confirmed the UK had suffered its worst slump in output for 50 years. Economists warned Britain would almost certainly have to wait at least two years before it regained the output lost over the past year. The figures showed a 2.4 per cent quarter-on-quarter fall in ...
ftalphaville.ft.com - 6/30/2009
UK GDP fall/fail … biggest ever
— ftalphaville.ft.com — Year on year, that is: down 4.9 per cent. The UK economy has never before shrunk so... fast. 2009 Q1 GDP fell 2.4 per cent, according to figures just out, making it the biggest quarter-on-quarter fall since 1958. The decline significantly exceeds ... (more) UK GDP fall/fail … biggest ever

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FT Alphaville:  Lunch Wrap

FiNTAG - Hedge Fund News, Views, Opinions and Gossip:  THE FINTAG NEWSLETTER @ 01 July 2009

The Big Picture:  Words from the (investment) wise July 5, 2009

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Lunch Wrap
FT Alphaville — ... faces reality. - The notional Taleb. - More reward for failure. - Why not 666 years ? - Sovereign CDS: Oh the irony of it all. - Annals of unlikely financial forecasters , summer reading edition. - Collateral damage at the ECB. - Pink picks on the matter of absurd sentencing. -Michael Jackson’s financial legacy in further reading . - Chatting Dana, ITV and GDP on Markets Live . On FT.com, - UK economy shrinks most in 50 years. - Live: Oil companies bid for Iraq’s oil fields. - ...

THE FINTAG NEWSLETTER @ 01 July 2009
FiNTAG - Hedge Fund News, Views, Opinions and Gossip — ... Fintag says That old commodities play is playing out again. Oil supply is up, demand is down but the price keeps on going upwards. Speculators, don't you just love 'em? business week says " Oil up to near $72 on dollar fall, Nigeria attack " financial times says " UK economy shrinks most in 50 years " US SEEKS TAX CHEAT NAMES FROM UBS bbc ...

Words from the (investment) wise July 5, 2009
The Big Picture — ... this is ‘old news’, it does serve to emphasise the size of the hole out of which the UK must climb.’ “Since the end of March, there have been signs the economy is stabilising. Manufacturing output grew in March and April, while survey data suggest the economy has returned to growth. “The National Institute for Economic and Social Research, a respected forecaster, said it thought the economy began to grow again in April.” Source: Daniel Pimlott, Financial Times, June 30, 2009. Nationwide: UK house prices - a significant ...

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