It's time to review arms industry's 4bn pounds sterling subsidy

Article Abstract:

The subsidization of the UK arms industry by taxpayers is discussed. It is argued that the money used to support arms suppliers should instead be used to develop a clear industrial policy.

Public affairs, National Security, Defense Procurement, Finance, Brief Article, Industrial policy, Weapons industry, Military procurement

---

MPC's new dove ruffles some feathers over sterling

Article Abstract:

There have been mixed reactions to a speech by Sushil Wadwhani, the newest member of the Bank of England's Monetary Policy Committee, in which he expressed the view that the pound could remain higher for longer than many observers are forecasting, with inflation thus being lower than predicted. He believes that the underlying level for the pound is determined by trade deficits, equity returns and unemployment rates, while the current account is of little consequence. He attributes the rise in sterling to the growth in German unemployment compared with UK unemployment.

Prices and rates, Inflation (Finance), Pound (United Kingdom), Inflation (Economics), Wadwhani, Sushil

---

Surplus to total 46bn pounds sterling over next four years

Article Abstract:

UK Chancellor Gordon Brown forecasts a surplus of government revenues over spending in 1999, 2000 and 2001 before returning to a modest deficit in 2002 to 2003 and 2003 to 2004. The surplus on the current Budget will amount to 9.5 billion pounds sterling in 1999, reaching 11 billion pounds sterling in 2000 and 13 billion pounds sterling in 2001 and 2002. Some observers feel that Brown is being too cautious, and indicate that the potential surpluses could be as high as 10 billion pounds sterling on current policies.

Economic aspects, Public finance, Brown, Gordon (British politician)

Similar abstracts:

• Abstracts: Renault set to take 2.6bn pounds sterling stake in troubled Nissan. US/GERMANY: FORD CONSIDERS BMW BID
• Abstracts: Thousands die of want as Sudan spends 1m pounds sterling a day on civil war. Modern crusade to save souls and change Bush's foreign policy
• Abstracts: Tory donor names his price for a 5m pounds sterling flutter. Inner cities have missed out on boom, says Blair
• Abstracts: How to restore Victorian values to our creaking public services. Who cares about e-government?
• Abstracts: Insurers gear-up for retirement boom: industry giants are devising pension plans to compete in the new stakeholder arena

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.