As the British take on a new era of austerity, are they manning up or just manning their jobs?
The chief question at this weekend's G20 summit will be how to keep the world economy growing. The Europeans are cutting government spending, ignoring President Obama's call for more stimulus.
Queen Elizabeth II accepts support freeze, sales taxes are increased, and deep budget cuts are eyed by Europe.
UK budget 2010: Britain today unveiled budget cuts to raise £40 billion in state revenues through tax increases, welfare cuts, and salary freezes. But history suggests that raising taxes during a recession can cause a double-dip.