Frase Nelson has a very telling graph in his blog. I reproduce it below: It shows spending running over OBR forecasts and tax revenue running under forecast.
So its bad news all round for wee George. His beloved AAA rating might not survive. It all goes to show trading with the Eurozone is not good. Austerity it is not.
2 comments:
That should please the French
Mais Oui. More stink coming across the Channel
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