Word: labourers
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...plan was hatched over weeks but finalized in such a hurry that bleary officials labored overnight to finish it before the skittish markets opened. At a morning press conference, both men maintained that the problem started with the U.S. sub-prime crisis; Brown refused to answer questions about how Labour policy over more than 10 years in office might have contributed to the situation. "This is the time to talk about the future," he said...
...Stephen Pound, the Labour MP from Ealing North, will advocate caliginosity (dimness, darkness) on the floor of Parliament. "I shall be drawing the Prime Minister's attention in a fairly obscure and abstruse way to the word: 'Amid the global fiscal turmoil, we sought illumination but found only caliginosity.' " The exercise has already influenced Pound's speech: in the course of a 12-min. interview, he used the word 15 times...
...achieves his ambition to become Britain's Prime Minister - and opinion polls suggest he is on course to do so - Conservative leader David Cameron promises a new candor in relations with Washington. The Labour government, he says, has tended to flatter Britain's allies across the Atlantic rather to deliver helpful home truths. But as he considered the sorry sight of a Congress unable to agree on measures to avert a global financial meltdown, it's just as well that Cameron spared U.S. politicians his unvarnished opinions, which would have been anything but pretty...
...ructions in Washington and Wall Street stole the headlines from the Conservatives' annual conference, held this year in Birmingham, Britain's unlovely second city. The Labour party, divided and unpopular, had held their own yearly get-together the week before. It managed a show of unity behind beleaguered Prime Minister Gordon Brown, securing a boost in the polls that halved the Tories' lead from 20 points to 10. Cameron and his colleagues planned to use their conference to win back the initiative and the limelight. That chance was torpedoed when the House of Representatives rejected the bailout package on Sept...
...change to the published conference schedule, Cameron appeared on stage the next morning to pledge to work with his Labour opponents to expedite legislation enabling the Bank of England to rescue failing banks. He also promised further protections for bank customers and a concerted attempt to break the vicious cycle reducing banks' ability to lend. And he warned against the partisan rancor that derailed the U.S. bailout. "Let's not allow the political wrangling and point-scoring that we've seen in America to happen here in our own country," he said...