Globe and Mail |
Surprise deficit raises risk of more UK austerity
Business Recorder (blog) Including the Royal Mail transfer, borrowing for the fiscal year to date totals 16.9 billion pounds compared with 35.6 billion between April and July 2011. The coalition has made the reduction of Britain''s record deficit the corner stone of its … Monthly Budget Gap Surprises British Government Chancellor's cuts and tax rises aimed at slashing debt 'fail' as public … UK economy: George Osborne's pledge to balance books by 2015 'in tatters' |
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