Blog
Good bye fiscal rules
Geoff Riley
27th November 2008
The Pre-Budget statement marked the end of Labour’s commitment to its own self-imposed fiscal rules. Here Sean O’Grady in the Independent looks at the way in which the onset of the credit crunch and subsequent recession has caused a sea change in the government’s attitude to rules on how much it can borrow.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.