We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The UK 's own Icelandic crisis

22 October 2008 By Ian Campbell

The Bank of England s governor emphasized on Tuesday that the UK s banks and economy relied on capital inflows which have dried up. Like an emerging economy in crisis, Britons face austerity. Rate cuts and a plummeting pound are King s lifeboats.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)