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UK government: yes economy in trouble

The Deputy Prime Minister of the United Kingdom admitted recently that the government took a hit in local elections and that disappointing news on the economy was reflecting poorly  on the government.

The government in the United Kingdom has come under increasing criticism with it Dearling of the economic crisis. So far this year the UK economy has gone into a double dip recession.

The worsening crisis in the Eurozone is having a significant impact on the economy of the Kingdom.

Along with this policy makers of the Bank of England have resisted calls to prop up the struggling economy with more emergency  support and the base rate of interest, for another month has been held.( In House Reporting)

 

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