UK: UNEMPLOYMENT AND A “BRAIN DRAIN”
King Confronts U.K. Jobless Specter Overshadowing Inflation Boon in 2012 By Svenja O’Donnell and Scott Hamilton Rising U.K. unemployment is threatening to cancel the benefit of cooling inflation onconsumer spending and keep the recovery in check this year, said economists at Citigroup Inc. and ING Group. While Bank of England Governor Mervyn King says an [...]
