The UK looks like it is in a lot of trouble.
Woolworths looks like it is going to be sold for 1 pound (to Hilco), banks and financial institutions need more cash injections, the retail sector is sunk and the sterling looks like it will come under a lot of pressure.
Hopefully when the barmy army come here in the future there will be no more cries of 3-to-1 (maybe 2-for-1 if the Aussie dollar stops its slide).
Cheers
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The UK looks like it is in a lot of trouble. Woolworths looks...
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