Alarming
The Ernst & Young Item club forecasts that net borrowing will rise to £180bn in the forthcoming tax year and will exceed the chancellor's own prediction.
It said that "The public finances are continuing to deteriorate at an alarming rate and as the economy continues to shrink, the outlook is bleak,"
ITEM Club believes Alistair Darling should do what he can to support employment while also taking steps to support the UK's manufacturing base.
So, in summery..... Britain is running on empty and we need to save British jobs for British workers.
It said that "The public finances are continuing to deteriorate at an alarming rate and as the economy continues to shrink, the outlook is bleak,"
ITEM Club believes Alistair Darling should do what he can to support employment while also taking steps to support the UK's manufacturing base.
So, in summery..... Britain is running on empty and we need to save British jobs for British workers.
posted by Anoneumouse at 6:40 am
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