Economics

PBR: Well on course

24th November 2008 — Filed under: Economics

Brendan Barber Brendan Barber

The Chancellor was right to inject this extra money into the economy. He has changed the political debate by breaking the taboo that the super-rich should never pay more tax.

He did about as much today as he could to boost the economy but we will need further interest rate cuts and action to get credit flowing to effectively bear down on the recession.

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