Qualified advisers answering your
Financial Questions
call 0800 092 1245

Darling set to spend, spend, spend way out recession

On the back of some positive press comment of late there is a feeling that Alistair Darling has lost his way a little and intends to spend, spend and spend even more to pull the UK out of the current economic slowdown. However, there will be a cost to this scorched earth strategy which would leave the next government with a massive financial headache.

It is rumoured that he intends to take money from future budgets now in a bid to give the economy yet another boost. But this will either result in higher taxes when the economy picks up or a reduction in spending on public services - the core element of the Labour governments bid for power. Either of these two options would be in direct contrast to the Labour manifesto and could cause serious issues with voters now and in the future.

Are we seeing a government ready to try the most desperate of strategies to get out of trouble or are we seeing the authorities playing Russian Roulette with the UK economy and the UK tax payer funds?

Whatever the reasoning behind this risky plan there will be casualties along the way!

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details