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The government is considering re-writing its own rules on how much it can borrow in order to counter the effects of the economic slowdown.

The new framework, which will probably be announced in the Autumn pre-Budget statement, would permit more borrowing as an alternative to increasing taxes.

BBC News Link

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Thu Jul 17th, 2008 at 07:09:22 PM EST
[ Parent ]
Gordo trying to hide more of his stupidities under the fiscal carpet.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Fri Jul 18th, 2008 at 05:03:58 AM EST
[ Parent ]

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