George Osborne at Conservative Spring Forum 2006 in Manchester. (Photo credit: Wikipedia)
This is an excellent article from the FT. Check it out!
IMF deals blow to Osborne’s plan A – FT.com.
This is not the first time that George Osborne has been asked to consider Plan B.
Why do you think that George Osborne has consistently refused to introduce a Plan B?
English: George Osborne MP, pictured speaking on the launch of the Conservative Party manifesto for the 2009 European Parliament elections, at Keele University. (805×1207 px, 283,711 bytes) (Photo credit: Wikipedia)
![International Monetary Fund [oct 25]](https://i0.wp.com/farm3.static.flickr.com/2632/4148188910_7c68f1b6db_m.jpg "International Monetary Fund [oct 25]")
International Monetary Fund [oct 25] (Photo credit: JavierPsilocybin)
via IMF puts pressure on George Osborne with criticism of cuts | Business | guardian.co.uk.
For me, it’s no surprise that the IMF is increasingly critical of George Osborne blind austerity policies.
This blog has been arguing for the UK to stimulate capital spending for some time. Also there is still a problem with bank lending which needs fixing.
What do you think?
Dr Alf's Blog 