Wednesday 3 February 2010

Tories will need emergency Budget for Britain to avoid the risk of a Greek mess

Telegraph
"..But while Osborne was mainly trying to allay the market’s fears there was also something in his speech for ordinary voters in the promise to “Get Britain working”. Similarly, private-sector employers were cheered by his entreaty to “improve Britain’s international rankings for tax competitiveness and business regulation”.So the Tories have got step one right in delivering the correct messages on economic reform – mixed messages but ones consistent with recovery. But if Osborne is to carry the support of business leaders, such as the seven who publicly backed him yesterday, then he must get step two right, which is delivery.That needs to start with the emergency Budget 50 days after an election. If he fails he will be quickly found out – not just by the business leaders backing him at the moment, but by the markets and with disastrous consequences for Britain."

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