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The chancellor sings in his bath

Article Abstract:

Clarke can relish his role as chancellor since the British economy is currently on an upswing. The economy is expected to grow 1.6% in 1993 and 2.6% in 1994. Clarke may have to plan tax increases and spending cuts to reduce the deficit from 4% of the gross domestic product.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Political activity, Economic policy, Economic indicators, Clarke, Kenneth (American writer)

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To fix or to float

Article Abstract:

A majority of mortgage and business loans in Britain have always had floating interest rates, unlike most everywhere else in Europe. The trend is toward fixed rate borrowing in Britain though, which is good news for home buyers and the British economy.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Editorial, Economic aspects, Mortgages, Floating rate notes

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Subjects list: United Kingdom

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