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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (168357)	5/27/2002 4:40:19 AM
From: maceng2	Read Replies (2) \| Respond to of 436258

LOL, the Scots are true to form... £400m - the cost of England victory JEREMY WATSON IT IS the excuse that Scottish football fans have dreamed of. Cheering on England’s opponents in the World Cup is a patriotic duty that could prevent the UK economy tipping into recession. According to a Centre for Economic and Business Research report to be published tomorrow , England’s two mid-week first-round games in June, plus a possible second-round encounter, will cost the country around £1.3bn - or £400m a game - in lost production caused by absenteeism. When that is added to the cost of the Jubilee holiday - on June 4 - the dent in gross domestic product will add up to around £3bn. If England then progress further in the tournament, billions more will be wiped off the UK’s economic balance sheet, tipping the country towards recession. The report now gives Scots every reason to support Sweden, Argentina and Nigeria when the World Cup starts this week. Author Richard Greenwood said the economy may not be robust enough to withstand a second quarter of zero growth caused by England progressing beyond the second round. "We could well have another quarter of zero growth depending on what happens in the competition," Greenwood said. The CEBR research follows gloomy official statistics last week which showed there was no growth in the economy in the first quarter of the year. The report will cause discomfort for Scots such as SNP finance spokesman Andrew Wilson who urged Scotland supporters to back England in the interests of national harmony. "Oh dear. This seems to snooker my case," Wilson said. scotlandonsunday.com ROTFL