"Chancellor Alistair Darling will say in his pre-Budget report that the economy performed worse in 2009 than he first predicted, Treasury sources have said.
Mr Darling is expected to say that the UK economy shrank by 4.75% this year - more than the 3.5% originally forecast in the Budget in March. "
Economy performed worse that the Chancellor predicted, wow who could have seen that coming? "No shit, Sherlock"
Of course as this is a BBC article they loyally report the Labour party line "he is likely to stick to 2010 forecasts of growth between 1-1.5%." Of course it is Alistair, of course it is.
No comments:
Post a Comment
By clicking "Publish your comment" you indemnify NotaSheepMaybeAGoat and accept full legal responsibility for your comments