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Wednesday, March 23, 2011

The Budget

Today is Budget Day.

Unlike most budgets, the details of this one have been pretty well leaked or can be reasonably guessed.

The BBC has a list of guesses/leaks here Budget 2011: What we already know.

As to whether this budget really does stimulate growth, depends very much on people's "optimism/pessimism" about the future.

Given that many expect interest rates to go up, George Osborne may well have a difficult task kick starting growth no matter how much he tinkers with personal allowances.

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