Chancellor Says Government Spending Will Have to Slow; Brown Pledges Support for 'Difficult' Mpc Decisions
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GORDON Brown, chancellor of the exchequer, yesterday pledged his support for any "difficult decisions" monetary policymakers had to face in the coming months, and warned that government spending would have to slow.
Addressing a business conference aimed at advancing British enterprise in the global economy, Brown said the government would "entrench, not relax, our fiscal discipline".See the full content of this document
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Chancellor Says Government Spending Will Have to Slow; Brown Pledges Support for 'Difficult' Mpc Decisions
The Bank of England's monetary policy committee is widely expected to raise UK interest rates to 4% as economic growth continues to accelerate. In...
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