TITLE

Optimistic Outlook From Chancellor

AUTHOR(S)
Harris, Robert
PUB. DATE
April 2003
SOURCE
Farmers Weekly;4/11/2003, Vol. 138 Issue 14, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the financial outlook for UK PLC proposed by the Great Britain Chancellor Gordon Brown. in his seventh budget as of April 11, 2003. While his figures could be considered supportive for the currency and neutral towards it. He has predicted a debt of £27 billion in 2003. Analysts suggest the chancellor was being overly hopeful and was building trouble by putting off unpopular tax decisions. HSBC forecasts suggest growth of just 1.5% and borrowings of £40bn in 2004.
ACCESSION #
9879034

 

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