PBR is just delaying the inevitable, says Hargreaves Lansdown
Danny Cox, Head of Advice, Hargreaves Lansdown said if you believe the Chancellor’s pre-Budget report, we’re in a strong position to halve the staggering £178bn of public debt over the next four years. So strong, Alistair Darling has introduced a legal commitment for his successors to do so.
Unfortunately, our view is somewhat different and no-one in their right mind would want to take over as Chancellor in 2010.
The pre-budget report headlines are brief:
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