[just for a moment you thought you'd accidently come to Iain Dale's]
1] Like-for-like sales fell 1.5% in April compared with the same month of 2007.
2] UK house prices could fall "at best" by 5-10% this year, accidentally revealed by a housing minister.
3] A&L announces a £192m write-down
4] Food company could cut 730 jobs.
5] Output prices for sales of manufactured products rose at a rate of 7.5% in the year to April.
6] Oil prices have hit a record just shy of $127 a barrel..
7] The UK economy grew 0.4% in the first three months of the year but down from 0.6% in the last three months of 2007.
8] The number of UK surveyors reporting falls in property prices has risen for the ninth month in a row.
9]Manufacturers are raising prices as they face the strongest cost pressures in over 20 years, a Confederation of British Industry (CBI) survey shows.
10]Mortgage lending to home buyers has hit its lowest level for 33 years .
Ten stories what's the common theme?
They were all lifted from BBC business page. Oh, and all 10 were stories TODAY 13/05/2008.
A tax bribe, however welcome, isn't really an economic strategy. And it isn't going to stop the pain. £2.7 billion pounds spent on an election struggle will only cause many more problems for the future.
Is there any long term plan for dealing with a worsening economic situation?
Anyone know? Or are we just winging it.