Thread: Independent 'Office for Budget Responsibility' to be created
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Old 17-05-2010, 23:27   #7
nomadking
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Re: Independent 'Office for Budget Responsibility' to be created
Quote:
Originally Posted by Damien View Post
They gave the Bank of England control over interest rates didn't they? Isn't this a similar move?
But that's all they had control over. They couldn't for instance raise/lower fuel duty. They could only react to any situation that the Labour Government itself created.
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