Brown under fire as US recession ends
Friday 30 October 2009
Latest in UK Politics
On Facebook
From the blogs
More than half of Afghanistan’s families live in extreme poverty
Leila is watching her baby intently, as his mouth moves trying to swallow the small blob of yellow p...
Time for a new approach to alcohol
Ambulances were called and three drunk teenagers were brought to my care. One was so drunk we had to...
Bahrain: One year on
I am used to endless lies and criticism from the BNP and its favourite blogster, as well as Islamist...
Paul Volcker stands tall against the banking lobby
Why is Europe, which likes to present itself as an opponent of speculative "Anglo-Saxon" finance, li...
Gordon Brown's claim that Britain was "better placed" than other wealthy countries to beat the economic downturn returned to haunt him yesterday as the US recession officially ended.
The Conservatives were quick to point out that this meant that Britain alone, of the major economies, is still officially in recession. Figures for the third quarter of 2009 showed that the US economy, where the current crisis began, has at last returned to growth. China, Japan, France and Germany have also returned to economic growth, but Britain's economy shrank again during the same quarter.
"These figures are very good news for the world economy, but Britain now stands out as the only major economy still in recession," the shadow Chancellor, George Osborne, said yesterday. "Gordon Brown's claim that we were 'best placed' now lies in tatters. His recession plan has failed. The rest of the world is moving on and we are left behind."
The good news from America came just 24-hours after an angry clash over the British economy in the Commons, when the Tory leader, David Cameron, challenged Mr Brown to admit that he had not succeeded in abolishing "boom and bust" in the economy. Mr Brown forecast that the recession would be over before the end of 2009.
US returns to growth in third quarter Business, page 51 plus Editorial, page 42
- 1 No secularism please, we're British
- 2 Apple admits it has a human rights problem
- 3 'Drunk tanks' and minimum prices to help Britain sober up
- 4 Working as a jail torturer ruined my life
- 5 Lightning kills an entire football team
- 6 Reinstate Knox's murder charge, Italian court told
- 7 Caught in his own blast: an Iranian targeting Israel
- 1 Spotify: 1 million plays, £108 return
- 2 How Koscielny became prince of the Emirates
- 3 Apple admits it has a human rights problem
- 4 Mark Steel: If religion is 'marginal', I'm the Pope
- 5 No secularism please, we're British
- 6 Lightning kills an entire football team
- 7 Matthew Norman: There's always the Human Rights Act, Trevor
- 8 Special report: The hungry generation
- 9 I was born to be a killer. Every night I see the Devil in my dreams
- 10 Six Grammys, five years off: Adele puts love before career
Free trial of new Independent iPad app
Get your daily dose of the best of British journalism, sponsored by American Airlines
Win a three-week coastal jaunt
Spend three weeks exploring every nook and cranny of gorgeous Atlantic Canada.
Amazing restaurant offers
Three glasses of free champagne and a special menu at 46 top London restaurants.
Latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Career Services
Day In a Page
No secularism please, we're British




Comments