£6 billion is nowhere near enough, it's a reduction of about 2 weeks of the governments overspend.They need to get much tougher, quickly.
Correct; but they have had access to the ledgers etc for only a week or so and needed to send a message in order to keep the markets on-side.Boris's piece in today's Telegraph is illuminating (and would have worrying without today's announcement) and in an easy to digest form.I expect to see a huge amount more of this kind of thing in the months (and years) to come...
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£6 billion is nowhere near enough, it's a reduction of about 2 weeks of the governments overspend.
ReplyDeleteThey need to get much tougher, quickly.
Correct; but they have had access to the ledgers etc for only a week or so and needed to send a message in order to keep the markets on-side.
ReplyDeleteBoris's piece in today's Telegraph is illuminating (and would have worrying without today's announcement) and in an easy to digest form.
I expect to see a huge amount more of this kind of thing in the months (and years) to come...