BusinessCompany NewsBudget 05: Golden rule will be met

Budget 05: Golden rule will be met

Brown says he is within Golden Rule by £6bn.

Gordon Brown today said the government would meet his fiscal rules this year and in 2005.

He said he would meet his Golden Rule with a margin of £6bn and that debt as a percentage of national income would be 34.4% this year. For the next seven years he said it would remain below 40%.

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