Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,348
Is this the most shameless snide politician c*nt there ever was?
http://www.bbc.co.uk/news/business-36684452
Chancellor George Osborne has abandoned his target to restore government finances to a surplus by 2020.
In a speech he said, given the effects of the referendum vote, the government had to be "realistic about achieving a surplus by the end of the decade".
The target had been the chancellor's most prized goal and had been driving austerity measures in previous budgets.
But he said the economy is showing "clear signs" of shock following the vote to leave the European Union.
Giving a speech in Manchester, Mr Osborne said: "The referendum is expected to produce a significant negative economic shock to our economy. How we respond will determine the impact on jobs and growth.
"We must provide fiscal credibility, continuing to be tough on the deficit while being realistic about achieving a surplus by the end of the decade."
Yeah, like it was ever going to happen anyway
http://www.bbc.co.uk/news/business-36684452
Chancellor George Osborne has abandoned his target to restore government finances to a surplus by 2020.
In a speech he said, given the effects of the referendum vote, the government had to be "realistic about achieving a surplus by the end of the decade".
The target had been the chancellor's most prized goal and had been driving austerity measures in previous budgets.
But he said the economy is showing "clear signs" of shock following the vote to leave the European Union.
Giving a speech in Manchester, Mr Osborne said: "The referendum is expected to produce a significant negative economic shock to our economy. How we respond will determine the impact on jobs and growth.
"We must provide fiscal credibility, continuing to be tough on the deficit while being realistic about achieving a surplus by the end of the decade."
Yeah, like it was ever going to happen anyway