FT.com / UK / Economy & Trade - UK economy shrinks most in 50 years
ft.com 6/30/2009 — 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 ...

FT.com / UK - UK economic downturn accelerates
ft.com 12/23/2008 — The recession in the UK economy in the three months to September was worse than previously thought, official data out on Tuesday showed, underlining the speed of the downturn. Gross domestic product shrank by 0.6 per cent between the second and third ...

FT.com / UK - Is your recession really necessary?
ft.com 1/5/2009 — What a bleak midwinter. It is still hard to see where any green shoots of recovery will break through the permafrosted ground. The recession seems especially unnerving given the length and scale of the good times which preceded it - years in which the ...

FT.com / UK / Economy & Trade - New look UK economy to emerge from gloom
ft.com 1/23/2009 — Published: January 22 2009 21:23 | Last updated: January 22 2009 21:23 A slimmer financial services industry, lower house prices, higher borrowing costs, fewer migrants and lower growth rates: these are the features that will distinguish the economy ...

FT.com / UK - Rise in UK unemployment eases
ft.com 6/17/2009 — The number of jobless in the UK rose by 232,000 to 2.26m people in the three months to April, after a slight moderation in the rate of increase still brought unemployment to 7.2 per cent. This compared with a jobless rate of 6.3 per cent at the end of ...

UK in recession, official
ftalphaville.ft.com 1/23/2009 — The UK's in recession, and it's worse than we thought. From Reuters: KEY FIGURES FOR PRELIMINARY Q4 GDP Q4 08: -1.5% QQ, -1.8 YY (FCAST -1.2% QQ, -1.4 YY Q3 08: UNCHANGED AT -0.6 QQ, 0.3 YY The quarterly figure is the biggest since Q2 1980, while ...

UK Hedge Funds Tax
richard-wilson.blogspot.com 8/26/2009 — UK Hedge Funds Tax Hedge Fund Managers Flee 51% Tax in U.K. The UK government's announcement that by April it will begin taxing individuals earning more £150,000 (about $247,000) a year at a rate of 51% has led many hedge funds to leave the UK for more tax-friendly countries. Already hedge ...

UK Economy Continues to Contract
econompicdata.blogspot.com 10/23/2009 — The U.K. "surprised"with a 6th straight quarter of contraction. George Buckley of Deutsche Bank via the Telegraph with the details: "The worst thing is that every single component of GDP that was published did not rise. It's a bad number. It's the ...

Daily Mix - Job Cuts, U.K. lagging the developed world, China & the Recession, Getting out of real estate
economicdiscourse.com 1/29/2009 — Boeing Will Eliminate 10,000 Jobs After Posting Loss on Recession, Strike UK economy will shrink faster than rest of the developed world, IMF predicts Recession hits China harder than India China, Switzerland agree to begin feasibility study on free trade zone

FT.com / UK / Economy & Trade - UK raises tax for top earners
ft.com 4/23/2009 — Britain’s Labour government on Wednesday unveiled plans to ramp up taxes on the rich and rein in public spending as its chancellor of the exchequer Alistair Darling confirmed a huge increase in borrowing to restore the public finances, which are in ...