17/11/2009 - Great Britain, and the rest of the world, breathed a sigh of relief today, when the Prime minister announced that a date had been set for the end of the credit crunch. Behind the scenes at downing street, scores of 'economic boffins,...
Prime Mincer Gordon Brown is to unveil a new 'National Plan' as he tries to fight back from recent setbacks, The Diary has learned. The new Five-Year Plan is Brown's blueprint to lead Britain out of recession and extend its public service reforms.
British Prime Minister Gordon Brown today made a formal statement in parliament affirming what every pundit in the press has been saying for a fortnight: Government of the people, for the people and by the people is officially dead. Mr Brown elabo...
Bosses at the world biggest car makers are considering a radical new scheme in a last ditch attempt to return to making poorly built cars that handle like overladen boats in a force 9 gale. They have watched in shock and awe as Gordon Brown and Alist...
When Loyalist leader David Cameron got a gander of the list of Tory charges on Guv accounts, he threatened to reopen the Tower of London and dust of the Iron Maiden, the infamous " dish rack" and the dreaded " easy chair". British conservatives have...
Chancellor Alistair Darling has announced in a bold move he is to reduce the considerable UK borrowing requirement by enlisting the help of high ranking Nigerian Government and bank officials. It is understood Mr Darling has been emailed by numero...
Good news, America's credit card-assisted President, Barack Obama is set to change the credit card system and protect credit card holders. This is the dawn of American democracy redefined as a government of credit card holders, by credit card holders...
A pleasant surprise hit Citibank today as the bank which had been considered in "a shocking amount of trouble" was said to have far too much capital. The US stress tests were designed to identify which American banks have too little capital to wea...
The government is due to unveil a giant money funnel today, designed to better demonstrate where large proportions of public money go. Top secret until now, details of the funnel are still sketchy; however, it is believed to be built of enamel a...
"Desperate times call for desperate measures", was the theme from a Downing Street press conference, as the Government announced a "high risk strategy" in order to address the British debt levels. In 2 weeks time, the Prime Minister and a number o...
WASHINGTON, D.C. - Not since WWII helped bring America out of the Great Depression has a crisis offered so much hope of economic salvation. Immediately following the World Health Organization's announcement of the impending swine flu epidemic on A...
The credit crunch showed no signs of abating when the millionth person to be evicted since the beginning of the crisis was today named. Mr Simon Cargo from Dudley in the West Midlands was forcibly evicted from his home in the early hours of Sunday...
Tabloids were shocked today when the President of the United States, Barack Obama, announced that in light of the recent economic crisis, the American government plans to downplay baseball and football in order to make more cost effective sports.
Washington, D.C. - Not since the days of Bill Clinton's cloakroom trysts has such a scandal rocked Washington. President Barrack Obama has been caught in a compromising position, giving GM some head. The financially troubled auto maker had recent...
Pop singer Bjork (pronounced BEE-YORKKKKK, just like you are upchucking a bad pizza), always a fountainhead of new and eccentric ideas, has decided to help alleviate Iceland's terrible economic problems. Iceland, long a self reliant land, made a...
Following an expected announcement due in May that Citigroup's banking division Citibank are operating with insufficient levels of financial capital, the CEO, Vikram Pandeet ordered the bank to begin its emergency, and to this point, secret "capital"...
Washington, D.C. - Top scientists and economists joined President Barack Obama today at the White House and announced two stunning revelations. Economic: Barack Obama's top economic advisors say that the economy is better than it was 10 years ago.
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