Summary
A respected independent think tank confirmed Gordon Brown's assertion yesterday that the economy will grow this year by more than the Treasury's Budget forecast of 2.0 to 2.5 per cent.
Despite this, and the boost it should give to tax revenues, the National Institute of Economic and Social Research also said it expects the Chancellor to break his own "golden rule" of balancing the Government's current budget over the economic cycle - though only marginally.See the full content of this document
Extract
Think Tank Backs Brown
Mr Brown repeated his determination to hold down public sector pay in the coming round. The economy, he said, had withstood the double ...
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