just looking through the BBC R4 todays forums - We're Doomed
just looking through the BBC R4 todays forums - We're Doomed
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lord summerisle

Original Poster:

8,174 posts

256 months

Thursday 23rd February 2006
quotequote all
a poster said:
Might be of interest...

"Britain's economy grew at its weakest pace since 1992 last year. In December, Brown made the biggest cuts in his economic growth forecasts since he took office in 1997, blaming higher oil
prices and competition from nations in Asia for the slump. The U.K. economy, Europe's second-biggest, expanded 1.8 percent in 2005, half the pace Brown predicted in March, the Treasury forecast on Dec. 5.

The European Commission on Feb. 16 called on Brown to curb his budget deficit and the London-based Institute of Fiscal Studies predicts Brown will need tax increases of 2.5 billion pounds to balance the budget by 2010.

Tax rates in Britain will top those in Germany for the first time since 1983 this year, according to the Organization for Economic Cooperation and Development."


www.bbc.co.uk/dna/mbtoday/F2767106?thread=2324258

>> Edited by lord summerisle on Thursday 23 February 10:17

timmy30

9,325 posts

258 months

Thursday 23rd February 2006
quotequote all
Personally I totally agree with you.

>> Edited by timmy30 on Thursday 23 February 10:21

>> Edited by timmy30 on Thursday 23 February 10:42