Monday, October 17, 2011

Uk Economy and the Eurozone crisis

As I have been talking about, the UK is being asked by the IMF to give about STG20bn of further funds for the Euro crisis.

So who said we won't be digging them out.
I stated this a few weeks ago.
With our economy weak according to the report in the link, we have a reason not to help them out.
After all it was the members fault so they need to take responsibility, don't they?

http://www.telegraph.co.uk/finance/financialcrisis/8830575/UK-economy-brought-to-grinding-halt-by-euro-crisis.html

The UK government needs to have a rethink on this.
Of course the fact that the Labour and the coalition was in a mess, allowed the Tories to put in an aggressive austerity package. However, it seems to be strangling our economy.
My thought is that they should:

Ease corporation tax
Re-Introduce apprentice payments to employers

Just two measures will make a difference.

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