An interesting article in This Is Money talks about that’s happening in the UK and how the increase in government spending is digging a black hole that’s going to be really hard to get out of. It’s almost like people responsible for spending should be looking at weight loss products for their budget. Government income in the UK is down, but spending is up, a situation that is just unsustainable. It’s an interesting article and worth reading, if you’re interesting in the financial state of the UK.
The Isle of Man’s economy is pretty dependant on the UK, so I hope they start heading towards some sort of recovery sometime soon.