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BBC NEWS | UK | UK Politics | PM 'regrets' Tory economy attack

Gordon Brown says he is disappointed by "partisan talk" after the shadow chancellor warned his actions could lead to sterling's collapse.

George Osborne told the Times the PM's willingness to borrow his way out of trouble was "irresponsible".

Sterling has fallen sharply in recent weeks amid fears about a UK recession.

by afew (afew(a in a circle)eurotrib_dot_com) on Sat Nov 15th, 2008 at 03:28:27 PM EST
[ Parent ]
I think the problem here is not so much that Osborne is wrong but that Brown's options are limited. He can't change the tax system till april, he can't withdraw troops from afghanistan or iraq in any time frame that makes a difference. Capital spending committments on this years budget are set.

Brown (and his tory predecessors) built the entire economy aroudn the galloping success of the City; when that falls apart they've got nothing else to prop it up. They put all their eggs in one basket and then dropped it.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sun Nov 16th, 2008 at 04:41:48 AM EST
[ Parent ]

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