Recession May Be Over while Joblessness Remains

According to an announcement by the official arbiter of economic turning points, it is indicated that the economic downturn now officially ended, and the recovery officially began, in June last year. The amount of goods and services produced by the US has increased along with increase in other economic activities.
However, the US economy has lost [...]

North East Will Get £60m Boost After Corus Cuts

Lord Mandelson will pump £60 million of taxpayers’ funds into businesses in the North East of England to help to offset the effect of 1700 steel workers losing their jobs on Teesside.
The Business Secretary has secured the funding for the North East—the region of his own constituency when he was MP for Hartlepool—only days after [...]