PBR03: Letwin hits back

PBR03: Letwin hits back

Shadow chancellor Oliver Letwin attacked Gordon Brown about what was missing from his pre-Budget report, claming that there were no tax receipt figures and spending figures to look at.

He also hit out over the governments borrowing claims adding that after the last election, Brown claimed the country would be borrowing just £10bn, which has now risen to £37bn. This was at a time when the government was taking 50% more in tax since they came to power.

Letwin also expressed concern over the changes to the measurement of inflation, saying it put at risk the robust monetary policy that had helped the country tough out global recession.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article