Andrew Neil

Borrow, borrow and borrow again

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The bottom line of this budget so far: lower growth and higher borrowing … indeed higher borrowing for as far as the eye can see. There is not a surplus in sight ... even though the Chancellor is predicting continued growth ... indeed on his projections, after over 20 years of consistent economic growth (1992 - 2012) ... we will still be borrowing! Quite amazing.