Editorial:British Economy – why is it last out of recession?
Stock
exchanges and commodity prices are on their way up. The world economy is
showing faltering signs of recovery. There’s no doubt that it’ll be a long
haul. Millions of people all over the world have had their lives devastated by
the economic tsunami. It will take years to clean up all the mess. But one
major national economy after another has announced that the recession is
officially over – France, Germany, Japan
and even the USA.
All except Britain.
Why is British capitalism still stubbornly stuck in the mire?
