Brexit & EconomyPoliticsPBR05: Brown claims golden rule is met

PBR05: Brown claims golden rule is met

Gordon Brown will meet his own fiscal rules on spending over and economic cycle accoring to his latest figures

Durig his pre-Budget speech, the chancellor said that the government’s budget
deficit will fall from £19bn to £10bn this year followed by a deficit of £4bn
the year after then nothing, followed by a surplus of £7bn, £11bn and £13bn.

This, he said, means spending over the economic cycle will be be in surplus.

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