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[Ethiopian Review] The Grand Primiere of British Premier: In his campaign speeches, Cameron said that to revive the economy he would have to cut taxes in order to give businesses greater freedom of action. He also advocated the tightening of immigration policy and spoke against the transfer of too much power to the EU.

[Tribune - Labour leadership gossip, news, features and comment from Britain's left-wing magazine] The British labour movement needs continental passion « Tribune ...: We cannot let David Cameron and Nick Clegg bleed the economy for an indeterminate time while working people are mired in poverty and misery. Unfortunately, Labour has a policy of deficit reduction and job losses so similar to the Conservatives that effective opposition is muted.

[DealBook] Facing Deficit, Britain Unveils Budget and Bank Levy - DealBook ...: He added: “The crisis in the euro zone shows that unless we deal with our debts there will be no growth,” forecasting that the British economy would grow over the next five years by a maximum annual rate of 2.9 percent in 2013 compared to 1.2 percent this year. He said the government would make spending cuts totaling £17 billion, about $25 billion, more than had been planned by the former Labour government over the next five years.

[News] Despite David Cameron, the European Commission's plans to control ...: David Cameron returned from his first European Council content that he had “watered down” the proposals for the Commission to declare itself the economic government of Europe. It is a pity that he has no experience as a Minister doing business at the numerous Council meetings on particular policy areas such as finance, trade, transport and so on. As a new boy at any of those meetings, a Minister can play himself in quietly, whilst getting the feel of the way the system works. There is no such luxury for a raw, inexperienced, apprentice head of government.

[World] Britain unveils record austerity package | San Francisco Examiner: Prime Minister David Cameron campaigned before Britain's May election on a promise to make steeper and faster cuts to Britain's debts than would Gordon Brown's Labour Party ”” ousted following an inconclusive result when Cameron's .Britain now has "the largest budget deficit of any economy in Europe with the single exception of Ireland," Osborne said.

[Orange Uganda - Lifestyle] Orange Uganda - Lifestyle » Archive » Britain cuts spending, hikes ...: That compared with prior estimates for expansion of 1.3 percent and 2.6 percent. After British Prime Minister David Cameron's coalition took power last month, it announced plans to axe 6.2 billion pounds of spending in the year to March 2011.

[Gaea Times (by Simple Thoughts) Breaking News and incisive views 24/7] Spending cuts, tax hikes in UK emergency budget focused on cutting ...: The move puts Britain, like most of Europe, at odds with the U.S. government’s view that the global recovery still needs support. President Barack Obama expressed his administration’s worries about premature spending cuts in a letter to world leaders on Friday and is expected to urge caution at the the Group of 20 summit in Canada this weekend.

[Evening Standard - Business] Debut European summit appearance for David Cameron | Politics: David Cameron today urged EU leaders to avoid a damaging row over new budget rules and instead focus on tackling Europe's economic crisis. Final decisions on the “peer review” of budgets and sanctions package are due to be taken in October, but the British delegation has been seeking to negotiate clauses in the summit conclusions which would significantly limit their impact on the UK.

[Grasping Reality with Both Hands] David "Herbert Hoover" Cameron and George "Andrew Mellon" Osborne ...: Yet another demonstration of the fact that sometime in 2000 we entered a strange world in which Paul Krugman is always right. If we are going to live in such a world, I really, really wish that he had a sunnier and more optimistic disposition.

[Guy Fawkes' blog] Labour's Missing Economic Genius - Guy Fawkes' blog: He has to be held accountable for his actions, not only on finance but with regard to the wars that are taking hundreds our our brave soldier’s lives and also for inflicting barbaric Taleban type politics on the British – mainly English people who suffered under his Jacqui Jackboots and his clunking fist interference in the everyday lives of the population of this country.

[Gaea Times (by Simple Thoughts) Breaking News and incisive views 24/7] Britain introduces 40 bn pound austerity measures: LONDON - Britons bore the brunt for the second time after the global meltdown as the David Cameron government Tuesday introduced the harshest of spending cuts in several decades amounting to $40 billion, saying there was no alternative to bring down the gigantic budget deficit.

[Gulag Blog] Europe Slams Obama's Stimulus Plan; History Shows Obama's Plan is ...: President Obama is hanging out to dry all by himself as ECB president Jean-Claude Trichet, German Chancellor Angela Merkel, and British Prime Minister David Cameron are all wisely going ahead with austerity measures instead of the stimulus measures that Obama and his Keynesian clown advisors want.

[News] David Cameron must stand up to Barack Obama over BP - Telegraph Blogs: David Cameron should make it abundantly clear that any anti-British rhetoric, or attempts to stir up protectionist sentiment, will generate a backlash in the UK which will only undermine the close ties that bind the two nations. He must also remind Barack Obama that British companies (and American ones for that matter) answer to their shareholders, and not to governments, and that the Obama administration has no right to dictate whether or not they pay dividends to those shareholders.

[Gulag Blog] Deficit Terrorists” Strike in UK ”” USA is Next | Gulag Blog: England’s new coalition government has just bought into this agenda, imposing on itself the sort of fiscal austerity that the International Monetary Fund (IMF) has long imposed on Third World countries, and has more recently imposed on European countries, including Latvia, Iceland, Ireland and Greece. Where those countries were forced into compliance by their creditors, however, England has tightened the screws voluntarily, having succumbed to the argument that it must pay down its debts to maintain the market for its bonds.

[BBC NEWS | Douglas Fraser's blog] BBC - Douglas Fraser's Ledger: Job woes and wobbles: You can hear it in the Labour leadership contest, with four similar male candidates who speak of seeing their classmates thrown on the economic scrapheap, some of them still bearing the scars.

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