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Europe has ‘thrown away’ recovery: Brown

Nicolas Sarkozy and Angela Merkel have used the wrong measures to resolve the eurozone debt crisis and thrown away the chances of recovery, former prime minister Gordon Brown said Sunday. Brown said the French president and the German chancellor were exacerbating the financial crisis, which he said was “predictable,” in…

Gordon Brown admits ‘big mistake’ over banks

LONDON — Ex-prime minister Gordon Brown admitted that he made a “big mistake” in not seeking tighter regulations on banks in the lead up to the financial crisis. The former leader told a conference in the US that he had not fully appreciated how “entangled” the global financial system had…

Britain to scrap unpopular ID card program‎

LONDON — The new coalition government is to scrap a national identity card scheme introduced by former prime minister Gordon Brown’s administration, it announced Thursday. The scheme will be abolished within 100 days under legislation presented by Home Secretary Theresa May, the first bill to be introduced to parliament by…

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