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Text size [+][-]  Saturday November 7 2009GLOBAL EDITION

Considered view
30 Jun 2009 15:58

Neverland Ranch, UK

By Ian Campbell
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Breakingviews.com is the world's leading source of agenda-setting financial insight. breakingviews has 25 correspondents and columnists based in London, New York, Paris, Washington, San Francisco and Madrid. Our aim is to become the lingua franca for the global financial community. Our real-time subscription service currently reaches around 15,000 financial professionals such as investment bankers, senior corporate executives, hedge fund managers, lawyers and private equity professionals.

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Despite a government borrowing binge, the UK suffered the biggest GDP fall for half a century. Still, consumers managed to save less than in the last quarter. The UK can’t begin a real recovery until consumers and the government return their finances from Neverland to reality.

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