Navigate: Home Market Today

By Nov 30, 2009, 1:32 PM 

Telegraph reports that Britain risks becoming the first country in the G10 bloc of major economies to risk capital flight and a full-blown debt crisis over coming months, according to a client note by Morgan Stanley (MS). The US investment bank said there is a danger Britain’s toxic mix of problems will come to a head as soon as next year, triggered by fears that Westminster may prove unable to restore fiscal credibility.

Leave a Comment

Our Partners: