Monday, June 06, 2011

Osborne outs omissions...

George Osborne does a fine job of halting at least part of the BBC's tidal wave of pessimism on today's TODAY: if you have 15 minutes to spare it is worth listening right to the end to catch Nick Robinson's comments - fair IMHO - too. Fraser Nelson explains GO's "flexibility" but also highlights how the Bank of England's total failure to control inflation has and will increase the cost of repayments. Just as well the IMF report he mentioned came out 'positive'! More too re the GO interview at BBBC.

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