{"id":2400,"date":"2011-11-27T22:56:57","date_gmt":"2011-11-28T03:56:57","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2400"},"modified":"2011-11-27T22:56:57","modified_gmt":"2011-11-28T03:56:57","slug":"u-k-seeks-to-revive-growth-wsj-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/27\/u-k-seeks-to-revive-growth-wsj-com\/","title":{"rendered":"U.K. Seeks to Revive Growth &#8211; WSJ.com"},"content":{"rendered":"<p>[Treasury chief George Osborne] will also announce an extra \u00a330 billion in new money to be spent on infrastructure such as railways, roads, classrooms and broadband connections, said a person familiar with the matter. Of this, \u00a320 billion will be provided by pension funds. The Treasury has signed a memorandum of understanding with the National Association of Pension Funds to provide this cash. Another \u00a35 billion will come out of savings in other government departments and be spent over the next four years. The other \u00a35 billion will be spent after 2015, but plans will be set out now.<\/p>\n<p>via <a href='http:\/\/online.wsj.com\/article\/SB10001424052970203935604577064080775527226.html?mod=WSJ_World_LEFTSecondNews'>U.K. Seeks to Revive Growth &#8211; WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Treasury chief George Osborne] will also announce an extra \u00a330 billion in new money to be spent on infrastructure such as railways, roads, classrooms and broadband connections, said a person familiar with the matter. Of this, \u00a320 billion will be provided by pension funds. The Treasury has signed a memorandum of understanding with the National &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/27\/u-k-seeks-to-revive-growth-wsj-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.K. Seeks to Revive Growth &#8211; WSJ.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[1416,1838,3519],"class_list":["post-2400","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-fiscal-stimulus","tag-infrastructure","tag-uk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.K. Seeks to Revive Growth - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.K. Seeks to Revive Growth - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"[Treasury chief George Osborne] will also announce an extra \u00a330 billion in new money to be spent on infrastructure such as railways, roads, classrooms and broadband connections, said a person familiar with the matter. Of this, \u00a320 billion will be provided by pension funds. 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The pound plummeted to a 15-month low against the dollar, trading at $1.5286 from $1.5459 before\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4616,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/14\/u-k-aims-to-mute-impact-of-crisis-wsj-com\/","url_meta":{"origin":2400,"position":1},"title":"U.K. Aims to Mute Impact of Crisis &#8211; WSJ.com","author":"Colin Twiggs","date":"June 14, 2012","format":false,"excerpt":"Chancellor of the Exchequer George Osborne and Bank of England Gov. Mervyn King announced plans to flood banks with cheap funds in a dual attempt to jump-start lending to British households and businesses and to fend off potential financial problems at big U.K. lenders. The programs resemble some of the\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/australia-can-build-its-way-out-of-trouble-wsj-com\/","url_meta":{"origin":2400,"position":2},"title":"Australia Can Build Its Way Out of Trouble &#8211; WSJ.com","author":"ColinTwiggs","date":"August 8, 2011","format":false,"excerpt":"In a recent report, ANZ estimates that Australia needs to spend about 600 billion Australian dollars (US$626 billion), or the equivalent of 8% of GDP, over the next five years to bring its infrastructure \"up to acceptable standards.\" It argues that the country needs to invest around 1% of GDP\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4983,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/","url_meta":{"origin":2400,"position":3},"title":"Federal Spending Cutbacks Slow Recovery &#8211; WSJ.com","author":"Colin Twiggs","date":"July 30, 2012","format":false,"excerpt":"BEN CASSELMAN and CONOR DOUGHERTY: Recent economic data show that long before the fiscal cliff hits, federal spending already is falling -- and taking a toll on the recovery.......State and local governments are projected to receive $20.8 billion in federal stimulus funds in the 2012 fiscal year, ending in September,\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2566,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/07\/spain-weighing-a-fast-costly-cleanup-of-banks-wsj-com\/","url_meta":{"origin":2400,"position":4},"title":"Spain Weighing a Fast, Costly Cleanup of Banks &#8211; WSJ.com","author":"ColinTwiggs","date":"December 7, 2011","format":false,"excerpt":"According to analysts at Morgan Stanley, Spain could acquire the entire \u20ac176 billion pile of impaired real-estate assets at the 58% discount applied by Ireland's bad bank, or a cost of \u20ac73.9 billion. This could be funded by swapping new government debt for the banks' soured real-estate assets. However, the\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3657,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/29\/ecb-allots-e529-5-billion-in-long-term-refinancing-operation-wsj-com\/","url_meta":{"origin":2400,"position":5},"title":"ECB Allots \u20ac529.5 Billion in Long-Term Refinancing Operation &#8211; WSJ.com","author":"ColinTwiggs","date":"February 29, 2012","format":false,"excerpt":"LONDON\u2014The European Central Bank said it handed out \u20ac529.5 billion $712.7 billion in cheap, three-year loans to 800 lenders, the central bank's latest effort to arrest a financial crisis now entering its third year. Wednesday's loans were on top of the \u20ac489 billion of similar loans the ECB dispensed to\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=2400"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/2400\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=2400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=2400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=2400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}