The following is a guest contribution. Reuters is not responsible for the content and the views expressed are the author’s alone. Sughra Ahmed is a Research Fellow at the Policy Research Centre, which is based at the Islamic Foundation in Leicestershire and specialises in research, policy advice and training on issues related to British Muslims.
The Great Debate UK
- Terry Charman is Senior Historian at the Imperial War Museum in London. He studied Modern History and Politics at the University of Reading and while there interviewed Adolf Hitler’s architect Albert Speer. He specializes in the political, diplomatic, social and cultural aspects of the World Wars, and wrote “The German Home Front 1939-1945″ and “Outbreak 1939: The World Goes To War“. He is curator of the exhibition Outbreak 1939 at the museum. The opinions expressed are his own. -
from UK News:
- Sumeet Desai, Reuters senior UK economics correspondent. -
Inflation unexpectedly held steady in July, official data showed Tuesday, but economists still expect big falls in the annual rate this year and monetary policy to stay loose for some time to come.
from The Great Debate:
The explosion in company pension fund shortfalls in Britain nicely illustrates issues which will dominate economics and investment in coming years: the re-pricing of risk, a disillusionment with equity markets, and the boom in savings these shortfalls will help to drive.
Britain's asset protection scheme, invented to protect the banking system, is morphing into a bureaucratic monster. It's time to kill it off. Though state support is still needed, there are simpler ways for the government to prop up its ailing lenders.
Political and economic logic are set to collide in the byzantine decision-making over the future of German carmaker Opel, the main European arm of fallen U.S. auto giant General Motors.
If politics prevail, as seems likely, the cost to German taxpayers will be higher and the chances of commercial success lower.
from UK News:
The death toll among British troops in Afghanistan is rising fast. The soldier who died on Tuesday was the seventh to die in the last week and the 176th since the war began.
The crisis at Northern Rock marked the beginning of Britain’s slide into large-scale state ownership of the banking system. Returning the mortgage lender to the private sector would be a sign that normal service is being resumed. But rumours that the British government is poised to sell Northern Rock, are premature. Suggestions the government could do so at a profit are even more far-fetched.