Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.
Powered by Investing.com

Wednesday, August 15, 2007

Spinning On

Those of you who thought that the end of the Blair regime, and the elevation of Gordon Brown to the position of Prime Minister, would herald the death of the age of spin should think again.

The Guardian has calculated that Brown held back £40BN of funds, in his final days as Chancellor of the Exchequer, so that he could to unveil a plethora of measures when he became Prime Minister.

Brown has announced more than £39BN of government spending since he replaced Tony Blair as Prime Minister. Most of that would normally have been revealed in the 2007 comprehensive spending review, due in October.

We still live in an age of spin.

No comments:

Post a Comment