Tuesday, 9 December 2008
Economy could be at risk warns Cameron
I read an extremely interesting article today whereby opposition leader David Cameron has attacked the government suggesting that the economy could be at risk because of the £20 billion borrowing binge that is going on. He commented on how he thought the country would be in a dreadful situation because of all of the borrowing that is going on. He went on to say that the strength of the pound was also at risk. Although the government have made cuts in VAT and have invested lots of money into organisations to help them with current economic downturn. However, what the government is not keen to voice is that VAT will go back up after a year and by 2011 national insurance contributions will have to increase as well as a reduction in government spending. We would like to hear what your opinions are on this matter so please leave your comments and thoughts.
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