"Using pejorative terms like "handouts" and "doling out", some parts of the media are mounting a campaign to suggest Britain should be embarrassed by our level of aid giving. But the idea that aid is generous is absurd. Some families, inspired by religious tradition, think it is appropriate to give 10% of what they have to charity, £10 in every £100 of earnings. In 2010, the UK gave not £10, not £1, but 56p ($0.91) in overseas aid for every £100 ($163) we earned as a country. On average, since 1990 we have given even less, 35p ($0.57)." [Giving aid to poor countries is hardly a great act of generosity] [more inside]
posted by vidur on Jun 14, 2011 - 59 comments

"Imagine a parallel universe where the Great Crash of 2008 was followed by a Tea Party of a very different kind.... The name of this parallel universe is Britain." The UK's Progressive Tea Party.
posted by wittgenstein on Feb 9, 2011 - 25 comments

The Chancellor of the UK coalition government has announced the details of the Comprehensive Spending Review, setting budgets for government departments to 2014/15. Total savings will be £18 billion. Local government funding will be cut 7% each year for the next four years. The Arts Council budget will be cut by 30%. 490,000 jobs are forecast to be lost over the period in the public sector. The average cuts for each government department will be 19%. The speech. HM Treasury Spending Review pages. Guardian summary. Independent article. Nick Robinson's blog for the BBC. Make your own cuts with the Guardian's interactive tool. Graphic showing 09/10 government spending (that is, before the cuts).
posted by paduasoy on Oct 20, 2010 - 91 comments

Governments around the globe are opening up their data vaults allowing us to check out the numbers for ourselves. This is the Guardian’s gateway to that information. Search for government data here from the UK, USA, Australia and New Zealand — and look out for new countries and places as they are added. Read more about this on the Datablog. [more inside]
posted by netbros on Jan 25, 2010 - 13 comments

In 2010, Obama will have a miserable year, NATO may lose in Afghanistan, the UK gets a regime change, China needs to chill, India's factories will overtake its farms, Europe risks becoming an irrelevant museum, the stimulus will need an exit strategy, the G20 will see a challenge from the "G2", African football will unite Korea, conflict over natural resources will grow, Sarkozy will be unloved and unrivalled, the kids will come together to solve the world's problems (because their elders are unable), technology will grow ever more ubiquitous, we'll all charge our phones via USB, MBAs will be uncool, the Space Shuttle will be put to rest, and Somalia will be the worst country in the world. And so the Tens begin.

The Economist: The World in 2010. [more inside]
posted by goodnewsfortheinsane on Nov 14, 2009 - 60 comments

Standard & Poor’s changed the UK's credit outlook from stable to negative a few days ago, and warned that there is a chance the UK could lose its AAA rating. Meanwhile, Moodys, another of the big 3 rating agencies, has warned that the US might also eventually lose its AAA rating. The UK announcement caused sterling to drop by 1% and the FTSE by 2%. However, many blame the same rating agencies for their part in triggering the subprime crisis. The irony of this is not lost on the Wall Street Journal, who note that "After all, those governments are jacking up spending, in part, to bail out the financial firms who gobbled up those 'AAA' asset backed securities duly blessed by the credit ratings firms." [more inside]
posted by memebake on May 26, 2009 - 38 comments

Have more sex says the Conservative party in the UK, procreate for the good of the economy and solve the looming pensions crisis. "Europe's real demographic crisis is not longevity but birth rates". Research says, apparently, that most women want more children than they have, but could it also be the case that a growing number of people just don't see the attraction?
posted by jonvaughan on Sep 24, 2003 - 30 comments

A sign of Global recession? For the first time I can remember, it's cheaper to buy a console in the UK than it is the States. Over here, we're used to seeing straight dollar to pound conversions ($299 = £299), so this is a first. Do you think it's sign of recession or just Sony developing a conscience?
posted by jiroczech on Sep 28, 2001 - 10 comments

Why Big Oil Backed The Fuel Protests In Europe -- "Watched from a distance, the oil blockades in Britain look like spontaneous popular uprisings: regular working folk, frightened for their livelihoods, getting together to say, "Enough's enough." But before this David and Goliath story goes any further, it deserves a closer reading...."
posted by johnb on Sep 21, 2000 - 11 comments