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Devaluation is a dirty word. It stinks of failure. Every so often, the British economy succumbs, most famously in 1949, 1967 and 1992. Each time, as the UK lost its economic footing and sterling collapsed, the people of Britain were left to inhale the stench of political desperation.
21 September 2009 12:00 AM
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24 August 2009 12:00 AM
'The world has been through the most severe financial crisis since the Great Depression. The crisis in turn sparked a deep global recession, from which we are only now beginning to emerge."
17 August 2009 12:00 AM
“Sell in May go away, buy again on St Leger Day” runs the old City saying.
The sort of name recognition enjoyed by the likes of Tesco or Barclays is not something BHP Billiton is ever going to achieve.
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Tony Blair attacks Jeremy Corbyn's 'Alice In Wonderland' politics
- 1 Caitlyn Jenner car crash: Driver who died in collision sued by surviving passengers for $18.5m
- 3 Watch the Supermoon live: How to see the brightest Moon of the year tonight
- 4 Hulk Hogan wants to be Donald Trump's running mate in the US Presidential election
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