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The Guardian: The UK isn’t so different from Greece: a financial crisis could happen here too

The markets fear a hung parliament but the real risk for the UK’s grotesquely unbalanced economy lies further ahead … The uncertain prospects for the UK economy are explored in a paper due out this month from Bill Martin at the Centre for Business Research at Cambridge University. Entitled Rebalancing the British economy, it analyses UK economic performance from 1995 to 2010, debunking the idea of a “golden age”.

Read the full article [theguardian.com]