British economy with Greek conditions


This week the Sunday Times’s economics editor, David Smith, recorded a fascinating piece for BBC Radio 4’s Broadcasting House. It is called “If Britain were Greece …”, and imagines the UK under the same financial, economic and social strains currently affecting Greece. The resulting piece is an economic “It Happened Here”, and it paints a bleak and sobering picture. In this nightmarish alternative Britain, unemployment has topped 7 […]

Greek tragedy