Further proof that the British economy remains better placed than any other to weather this turbulent, tempest-ridden economic sea: the Bank of England cuts interest rates to 1.5%, the lowest rate in more than 300 years. Obviously that’s a tribute to the government. Meanwhile, the government prepares to print some more money. This too demonstrates the extent to which the government has everything in hand.
I don’t think you need to be an economist to sense that this mob – Brown and Darling, that is – are making it up as they go along.
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