Sentences with phrase «worldwide financial downturn»

While U.K. scientists have complained that some other countries have responded to the worldwide financial downturn by increasing research spending, Willetts says the United Kingdom has actually done something more long - lasting: «This is not a temporary stimulus package.

Not exact matches

The collapse of US banking giant Lehman Brothers in September 2008 precipitated a worldwide financial crisis which by 2009 had developed into a serious global economic downturn.
In a statement, the firm said the consultation «follows a review of the division's financial results and the effect of the worldwide downturn in the financial markets on the UK residential property market.»
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