Friday, July 27, 2007

Mr Brown’s big brownies are about to hit the books

Capital projects face funding cuts

Indirectly related to houseprices, but it looks like all that PFI "hidden debt" is about to resurface, hitting capital investment.. such as a plan to build all over the green belt? The move could see the government breaking one of Mr Brown’s two cherished rules for running the economy. But the sustainable investment rule is seen as increasingly discredited and both economists and the Conservatives have been urging a rewrite – something Mr Darling could use the accounting change to achieve with minimal political damage.

Posted by dohousescrashinthewoods @ 09:17 AM (589 views)
Please complete the required fields.

2 thoughts on “Mr Brown’s big brownies are about to hit the books

  • the bald man says:

    PFI=Enron for governments

    Please complete the required fields.

  • japanese uncle says:

    Next will be the two giant (by the British standard) aircraft carriers, each costing 2 billion quids. They won’t be finished forever, because of the shortage of fund.

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>