I was interviewed on BBC World News on 25 November 2010 by George Alagiah about the euro-zone crisis and whether Portugal and Spain might be affected next.
Amid all the euro-phobes' schadenfreude about the euro-zone's travails, it is remarkable that the pound is plunging – not just against the US dollar, but also against the much-maligned euro. If markets get panicky about the UK government's deficits, we may regret our not-so-splendid isolation from the euro-zone.
Posted 02 Mar 2010 in Blog, Britain, Currencies, Debt, Europe
