IMF: Stick to Plan A

The IMF verdict is in and they suggest now is not the time to adjust policy as “strong fiscal consolidation remains essential”. No wonder the Chancellor went out of his way to stress that they were “the most independent of independent organisations” on his media rounds this morning…

Blinky Balls

Though their growth forecast for the UK has been revised down to 1.5% for 2011, the headline of “now is not the time to change course” will infuriate a certain blinker…

Bad news for the B-Team.




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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