UK should be considered to be in the same economic quagmire as Greece, Spain, and Portugal, according to former IMF chief economist, as the G7 pushes for EU support of Greece.
The former economic chief at the International Monetary Fund (IMF), Simon Johnson has said the UK should be considered to be in as much of an economic crisis as Greece, Spain, and Portugal.
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Political strategy needed to show that Britain is still great for business, says Richard Thomas
"Out of one side of his mouth, Gordon Brown is saying he will make Britain an attractive place to invest, but out of the other he is clobbering higher earners with 50%, which sends out the opposite message.