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Old 09-01-2010, 08:44   #1
papa smurf
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toughest spending cuts in 20 years

In a dramatic shift in Labour's election strategy the Chancellor conceded the Government would have to go much further in curbing public spending than Gordon Brown has previously admitted.


are they finally admitting to the bust part of the equation ??"an end to the cycle of boom and bust" was a quote i remember from ex chancellor brown.



Mr Darling's comments provide fresh evidence that he and Lord Mandelson successfully used this week's Labour leadership crisis to secure concessions from the Prime Minister over the party's approach to tackling Britain's dire public finances.[ by dire i assume they mean bust]

Read more: http://www.dailymail.co.uk/news/arti...#ixzz0c6f6IqU8
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