retrenchment

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  1. Spend, spend, spend

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    The standard analysis of the outlook for the UK economy over the next few years incorporates a view that growth will disappoint, in part, because consumer spending will be weak. Consumers will retrench, so the argument goes, because they have taken on too much debt in the past and are...
  2. Letters

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    Heading south? 21st June 2010 David Goldblatt’s preview of South Africa’s World Cup (June) refers to “the southern hemisphere, where most of the world lives.” Has there been some rapid continental drift in recent weeks, or have vast numbers of the populations of China, India, Pakistan, Bangladesh, Russia, Mexico and...


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