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Monday, March 17, 2008

UK will fight turbulence - Brown


Prime Minister Gordon Brown has promised that the UK and other EU countries will "lead the way" in fighting "global financial turbulence".

He told MPs that an EU summit at the weekend had agreed "co-ordinated action at a European and global level".

Tory leader David Cameron said the UK was suffering from not "putting money aside in the good years".

It came as an ICM poll suggested the Tories had a 13-point lead over Labour and were trusted more on the economy.

Markets have recorded heavy losses in reaction to the emergency bailout of US investment bank Bear Stearns.

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The U.K. to the rescue!

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