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...Bang, restoring London's position as one of the world's most important financial centers. Blair's New Labour did nothing to restrict the unfettered growth of the City, as London's financial district is called. In 1998, Blair's adviser Peter Mandelson, now the most powerful member of Brown's Cabinet, said Labour was "intensely relaxed about people getting filthy rich...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

...enriched only some Britons, but the turbulence shaking it is felt by everyone. There's little agreement among politicians or economists about quite how much of a basket case Britain has become. "Although the economy is now growing, recovery is still in its early stages and remains very fragile," Brown said in a March 10 speech in the City. Labour says the recovery is due to the government's lead in global efforts to stabilize the banking system and its $30 billion of fiscal stimulus and argues that stimulus spending must continue. Conservatives, however, propose swifter action to reduce Britain...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

...Brown bears some of the responsibility for the economic mess: he was Chancellor of the Exchequer under Blair and has been Prime Minister since 2007. But he has deflected blame to global pressures and has made political hay of his rival's lack of experience. "This is no time for a novice," declared Brown in September 2008 as the global financial crisis gathered pace. A Conservative poll lead of 20 points has eroded to the narrowest of margins, not least on fears of the youthful opposition team's collective inexperience. There's another factor that counts against them: the Conservatives...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

...theories grow wilder by the day. In one, Queen Elizabeth is working through British conglomerates to regain control of the colonies -- witness the purchase of Burger King and Holiday Inn by British companies. There is also rumored to be a global conspiracy to implant newborn babies with microchips. Robert Brown, editor and publisher of Soldier of Fortune, a must-read for many gun advocates and survivalists, has tracked some of these wacky conspiracies and discounted them, including one much vaunted black helicopter sighting. But that hasn't quieted the patriot grapevine. "It's all bull. But they don't want...

Author: /time Magazine | Title: The Threat from the Patriot Movement | 3/29/2010 | See Source »

...coach told us that these would be the last games before Ivies start,” Crimson sophomore Rachel Brown said. “So we took what she said to heart, and we wanted to get ready for the games that really matter and to work out our small kinks and problems...

Author: By Brian A. Campos, CRIMSON STAFF WRITER | Title: Softball Takes Two Weekend Games | 3/29/2010 | See Source »

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