Alistair Darling’s got an interview in today’s FT, and you know the story by now. Yep, the government thinks that borrowing needs to come down drastically; extra growth would go towards cutting the structural deficit; there’ll be the “toughest settlement” on public spending for twenty years, only it shouldn’t be introduced too quickly; those bankers aren’t quite as evil as previously suggested; and so on and so on.
Peter Hoskin
Darling struggles to find consistency

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