For the best part of 12 years, Labour has pursued essentially conservative (with a small ‘c’) economic policies, steadily underburdening itself of the ‘fiscally unreliable’ tag that some earlier Labour administrations were (wrongly or rightly) saddled with.
from The Great Debate UK:
LONDON, April 16 (Reuters) - Poor old Alistair Darling. The Chancellor is girding himself to deliver a truly ghastly Budget, and lined up a crowd-pleasing headline-grabber to distract attention from the financial horrors ahead.
If British chancellor Alistair Darling now occasionally tires of being reminded of his party's erstwhile promise of "no more boom and bust", he won't thank British accountancy firm Grant Thornton for sending journalists a bike puncture repair kit.