UK in dark mood as new recession may be confirmed
As the debate rages on, no other person than the national spiritual leader — the Archbishop of Canterbury, Justin Welby — has waded in and used a word no want wants to hear: Depression. Welby has unusual standing in the world of money because in a previous life he served as an oil industry executive and now sits on the parliamentary banking standards committee. He told an audience at the heart of government in Westminster on Monday that there was an issue of confidence and trust — and there is need to rebuild both.