Mining boom paints too rosy a picture of UK plc
Published Date:
03 March 2008
By BILL JAMIESON
HOORAY for mining stocks! Helped by the latest surge in metal prices, mining shares have soared in the past month, lifting the FTSE 100 back , if only briefly, above 6,000 last week.
But is this not a case of the tail wagging the dog? For some time I have been concerned at the accuracy of the Footsie as a rough and ready barometer of "the health of UK plc".
As this index has fallen just 12 per cent from its high last year, ...
The full article contains 800 words and appears in The Scotsman newspaper.
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Last Updated:
02 March 2008 8:54 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Bill Jamieson
