
£100 ex VAT, they would not buy a product over £2.50 (from what would have been £117.50 total). As for paying off the £2.5 Trillion debt, giving businesses a "tax holiday" means that the hovernments tax income plummets, but to make up the difference the UK borrows money via the Bond market, at an incredibly high interest rate. Sheer lunacy. Mandelson can scoff what he likes, but it's New Labour's economics that have got the UK into it's record high debt problem. record low savings, record ...
Author: liarpoliticians; Tags:
peter
mandelson
business
secretary
uk
economy
new
labour
conference
speech
september
2009
mad
economics