Bank of England Governor slates Govt over rising debt
"Bank of England Governor Mervyn King yesterday blasted Gordon Brown and Alistair Darling for their handling of the public finances. His surprising attack came as an international watchdog warned that Britain was on course to sink further into debt than any other major country... Shadow Chancellor George Osborne said yesterday proved to be a demolition day for the Prime Minister’s reputation. He said: “In the morning new figures showed Britain facing the biggest deficit in the world and in the afternoon the Governor of the Bank of England delivered the coup de grace by demolishing for good any claim that this discredited Government ever had to a credible plan for the recovery." - Daily Express
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Stopping the ...
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