Tuesday, 9 September 2003

Beer and sandwiches won't fix this

So much for Blair's "business friendly" regime. This chart shows a comparison between movements in the FTSE and Dow Jones indices over the last five years. In that period, our index has lost 20% of its value and the US one gained 20%. Many Americans lost out when the Dow moved up 40% and then lost all of the gains late last year. At least they have regained half of those losses. God help us when Gordon Brown takes over and the unions are back in control.