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Article: Why he must act on our pensions; As stock markets plummet in the wake of the WorldCom collapse...
- Article from:
- Daily Mail (London)
- Article date:
- June 27, 2002
- Author:
CopyrightCOPYRIGHT 2002 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: ALEX BRUMMER
THE SOUND of financial markets crashing around the world poses the stiffest test yet for the Iron Chancellor Gordon Brown and his stewardship of our economy.
Events at telecoms giant WorldCom in Clinton, Mississippi, may seem a million miles away from the lives of ordinary Britons still puzzling about whether it is too late to climb the housing ladder. But in an era of global financial markets, events in far-off places have a nasty habit of threatening the prosperity of us all.
Over most of the past decade, Britain has enjoyed a period of unparalleled prosperity. Much of this has been based on the incredible strength, ...