Bootle Says U.K. Risks Market ‘Mayhem’ Morning After Election

Iraq Hit by Car Bombs as Vote Approaches; Arabiya Says 31 Dead
March 3 (Bloomberg) — Three car bombs in the central Iraqi city of Baquba killed at least six people and injured many more, state-run al-Iraqiya television reported. Al-Arabiya television put the toll higher, saying 31 were dead and 48 wounded.

Read more on Bloomberg

BBC Plans Funding Cuts, Job Losses Could Follow
The BBC announced Tuesday that it’s shutting down digital radio station BBC 6, reducing the number of U.S. television shows it buys and cutting spending on its Web site by 25 percent. It also says it plans to redirect about $1 billion to improving program quality. As many as 600 jobs could be lost if the BBC’s board approves the changes.

Read more on NPR

Bootle Says U.K. Risks Market ‘Mayhem’ Morning After Election
“The morning after an election of that sort, then there would be mayhem in the markets,” Bootle, the founder of research group Capital Economics Ltd., said in a Bloomberg Television interview in London today. “It would be a very uncomfortable ride.

Read more on Bloomberg

Leave a reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>