Dive, dive, dive: £100 Billion off stock market.

Britain's top companies had nearly £100 billion wiped off their shares last week in the worst week for the stock market since the dotcom bubble burst six years ago.

The FTSE 100 slumped by a staggering £94.4 billion after dire warnings of a recession sparked the massive sell-off.

Today alone companies saw their value drop by nearly £29bn in a 121.4 point stock market slide.

Now this is in the main to do with the Chancellor doing that one thing that was not expected from Gordon Brown's sockpuppet, he told the truth(or at least as he saw it) that we are in deep shit and the coffers are damn near empty.

Although he left out the part that the money has been pissed away in a huge spending spree that has done sod all for the nation.

The sharp fall in share prices left his economic relaunch looking distinctly hollow in the wake of Alistair Darling's warning that economic conditions are the worst in 60 years.

It suggested the City remains unconvinced by Brown's claim on Thursday night that he is 'cautiously optimistic' about Britain's prospects.

Go figure, he has gone back on his word - the referendum on Lisbon being an example - and they believe not a word he says.
Gordon Brown a man who makes me so angry I could punch his lights out

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