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UK economy News

UK government to sell 2008 crisis bank at a loss

London - The Royal Bank of Scotland, bailed out by the UK government in 2008, will be sold by Chancellor George Osborne at a loss, costing taxpayers billions of pounds.

Op-Ed: The UK needs a government reboot and Miliband is the man to do it

London - Much has been made of a ground-shift towards a new era of multi party politics, based on coalitions, compromises and alliances, but the reality still remains that two main parties will dominate this election – the Conservative party and the Labour party

Op-Ed: How will the Help to Buy ISA work?

London - In the latest budget George Osborne announced a new Help to Buy ISA for first time buyers. How will the Help to Buy ISA work? And will it actually help?

Op-Ed: Is the UK economy finally on the rise?

After years of a struggling economy in the UK, figures that will be released on Friday are expected to reveal that Britain’s economy has finally passed its pre-2008 financial crisis peak.

Op-Ed: UK economy predicted to shrink in 2012 due to austerity measures

London - According to the National Institute of Economic and Social Research the UK economy may actually shrink by half a percentage point in 2012 compared to an earlier estimate of zero growth. The think tank blames austerity measures for the decline.

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