Wednesday, April 22, 2009
Budget – serious costs hidden in small print
Brown Bombshell bigger than debts from the Napoleonic Wars, First World War and Second World War combined
*Darling's borrowing plans will run up more debt than World War I, World War II and the Napoleonic Wars combined - in today's money. *The green jobs proposals could result in a net loss of 480,000 jobs across the economy as a whole. *The Car Scrappage scheme could cost up to £14 billion - and only £2 billion would go on British cars. *The Chancellor's growth forecasts are "wildly optimistic" - Ruth Lea, leading economist and TPA board member.