Wed, 23 Nov 2011 13:14:01 GMT
UK is not fully resistant to EU debt turmoil
George Osborne, The British Chancellor next
week will submit an autumn report on the outlook of the UK economy. So far the
UK managed to escape negative effects of Eurozone debt crisis. However,
according to Osborne such situation will not last forever. Growth is smooth,
unemployment is surging and exports are fluctuating. Moreover, budget deficit
totals 10% of GDP. Osborne predicts that in nearest future