World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

UK Economy "Resilient", Gordon Brown "Committed"

British economy "resilient"

Gordon Brown is committed to "keeping the economy moving" in the face of a tougher global economic climate.

Government plans to increase fuel duty by 2p would be looked at "very, very carefully" over the next few weeks, the PM said in his session with the Liaison Committee. The Chancellor will make the final decision on fuel tax in the autumn.

The Prime Minister said:

"The task at the moment is to keep the economy moving forward. I believe the British economy is far more resilient than it was facing the last two oil shocks and facing some of the problems we had when there was a world downturn in the early 90s."

He warned that the UK must reduce its dependence on oil and invest in other sources of energy, as prices continued to rise.

Mr Brown explained that there is a "once-in-a-generation opportunity" to make the right strategic decisions to reduce dependency on oil. Tough decisions have been taken on nuclear power and energy efficiency, he said.

The Liaison Committee is a group of senior MPs that has heard evidence from the Prime Minister on matters of public policy since 2002. This is Mr Brown's second apearance in front of the Committee.

ENDS

Latest World News | Top World News | World Digest | Archives | RSS

© Scoop Media

 
 
 
 
 
World Headlines

 

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

Another US Court: Fourth Circuit Rules Muslim Ban Discriminatory

ACLU: Step by step, point by point, the court laid out what has been clear from the start: The president promised to ban Muslims from the United States, and his executive orders are an attempt to do just that. More>>

ALSO:

 
 
 
 
 
 
  • Pacific.Scoop
  • Cafe Pacific
  • PMC