ktlight
7th August 2011, 08:05
FYI:
Holiday journeys taken by UK Premier David Cameron, his deputy Nick Clegg, and Chancellor George Osborne have raised concerns among the recession-hit British people.
While Foreign Secretary William Hague is forced to stay and mind the shop as British leaders are sunning themselves on holiday, Downing Street maintains that Cameron is in charge.
However, the prime minister is in a palatial, £10,000-a-week villa in Tuscany on a family holiday.
Despite Cameron's promising pledge that the coalition government would work relentlessly for Britain, he is on a third holiday within just four months.
British leaders' lavish holidays are seen as yet another slap in the face of Britons who still have their serious concerns about the gloomy situation of the British economy.
The stock markets were in a free fall and their situation was aggravated by the prevalent feeling that nobody was really in charge.
New car sales plunged for the 13th month, 30,000 people went insolvent in the three months to July, and 1,000 workers lost their jobs at the collapsed department store chain TJ Hughes.
Around £50 billion was slashed from the value of 100 biggest British companies, which amounted to a total of £125 billion over the past five days. The Bank of England froze interest rates at an all-time low 0.5 percent in a bid to keep borrowing cuts as low as possible.
Meanwhile, European leaders are planning to take action, while French President Nicholas Sarkozy is to hold discussions with German chancellor Angela Merkel and Spanish Prime Minister Luis Rodriguez Zapatero on the Eurozone's spreading crisis.
source
http://www.presstv.ir/detail/192689.html
Holiday journeys taken by UK Premier David Cameron, his deputy Nick Clegg, and Chancellor George Osborne have raised concerns among the recession-hit British people.
While Foreign Secretary William Hague is forced to stay and mind the shop as British leaders are sunning themselves on holiday, Downing Street maintains that Cameron is in charge.
However, the prime minister is in a palatial, £10,000-a-week villa in Tuscany on a family holiday.
Despite Cameron's promising pledge that the coalition government would work relentlessly for Britain, he is on a third holiday within just four months.
British leaders' lavish holidays are seen as yet another slap in the face of Britons who still have their serious concerns about the gloomy situation of the British economy.
The stock markets were in a free fall and their situation was aggravated by the prevalent feeling that nobody was really in charge.
New car sales plunged for the 13th month, 30,000 people went insolvent in the three months to July, and 1,000 workers lost their jobs at the collapsed department store chain TJ Hughes.
Around £50 billion was slashed from the value of 100 biggest British companies, which amounted to a total of £125 billion over the past five days. The Bank of England froze interest rates at an all-time low 0.5 percent in a bid to keep borrowing cuts as low as possible.
Meanwhile, European leaders are planning to take action, while French President Nicholas Sarkozy is to hold discussions with German chancellor Angela Merkel and Spanish Prime Minister Luis Rodriguez Zapatero on the Eurozone's spreading crisis.
source
http://www.presstv.ir/detail/192689.html