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
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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