Bank on Britain

14.11.22: BRITAIN IS CELEBRATING the recent decision of the EuroFed ­ formerly the European Central Bank ­ to move from Frankfurt to London.

The move confirms Britain as Europe's strongest economy and was made all but certain by the government's recent decision to take sterling into the euro-dollar. Germany fought tooth and nail to keep the bank in Frankfurt but was finally forced to concede defeat when Britain threatened to block a E$100 billion plan to bail out the bankrupt welfare systems of France, Germany and Italy.

Since the 1990s, econom