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Gordon Brown in interest rate cut talks

Gordon Brown is expected to defend his plans to increase government borrowing in order to tackle the economic downturn in a speech later.
Prime Minister Gordon Brown is set today to tell business leaders they need to heighten the demand for government spending in a bid to challenge the economic crisis. Economists and opposition parties have [...]

UK government warned by Bank of England over housing market rescue plan

Gordon Brown has been warned by the Bank of England that if he pushes ahead with plans to kick-start the UK housing market by offering banks billions of pounds in government backed bonds for

Falling property prices leaves £5bn black hole for The Treasury

The HM Treasury are in an awkward situation as they are facing a £5bn black hole in their finances, this is a result due to the falling property prices. This news is not official; this report comes from the Liberal Democrats. So why would falling property prices cause