-
Brexit will increase U.K.'s huge debt
More taxes, less spending and no chance of a balanced budget. This is the Brexit Britain envisioned by U.K. Treasury chief George Osborne, who on Friday abandoned long-held plans to produce a budget surplus by 2020. "We will continue to be tough on the deficit but we must be realistic about achieving a surplus by the end of this decade," Chancellor of the Exchequer Osborne said. Osborne warned earlier this week that more austerity would be needed following a shock decision by British voters to leave the European Union. Tax hikes and spending cuts are both on the way, he said. "The referendum result is as expected ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 1, 2016 5:28pm Jul 1, 2016 5:28pm
- gandolf13
- | Joined May 2015 | Status: Member | 480 Comments
- Comment #2
- Quote
- Jul 1, 2016 5:28pm Jul 1, 2016 5:28pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #3
- Quote
- Jul 1, 2016 5:39pm Jul 1, 2016 5:39pm
- gandolf13
- | Joined May 2015 | Status: Member | 480 Comments
- Comment #4
- Quote
- Jul 1, 2016 5:39pm Jul 1, 2016 5:39pm
- Rtm
- Joined Jan 2011 | Status: dump and pump | 913 Comments
All posts are my personal opinion
- Comment #5
- Quote
- Jul 1, 2016 5:45pm Jul 1, 2016 5:45pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #6
- Quote
- Jul 1, 2016 5:47pm Jul 1, 2016 5:47pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #7
- Quote
- Jul 1, 2016 5:56pm Jul 1, 2016 5:56pm
- gandolf13
- | Joined May 2015 | Status: Member | 480 Comments
- Comment #8
- Quote
- Jul 1, 2016 5:57pm Jul 1, 2016 5:57pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #9
- Quote
- Jul 1, 2016 5:58pm Jul 1, 2016 5:58pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #10
- Quote
- Jul 1, 2016 5:59pm Jul 1, 2016 5:59pm
- gandolf13
- | Joined May 2015 | Status: Member | 480 Comments
- Comment #11
- Quote
- Jul 1, 2016 6:18pm Jul 1, 2016 6:18pm
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments
- Comment #12
- Quote
- Jul 1, 2016 6:23pm Jul 1, 2016 6:23pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #13
- Quote
- Jul 1, 2016 6:39pm Jul 1, 2016 6:39pm
- Agungla
- | Joined Nov 2013 | Status: Member | 87 Comments
- Comment #14
- Quote
- Jul 1, 2016 6:51pm Jul 1, 2016 6:51pm
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments
- Comment #15
- Quote
- Jul 3, 2016 2:52pm Jul 3, 2016 2:52pm
- R.richy
- | Joined May 2016 | Status: Junior Member | 1 Comment
- Comment #16
- Quote
- Jul 3, 2016 3:59pm Jul 3, 2016 3:59pm
- Fishman.MN
- | Joined May 2016 | Status: Junior Member | 1 Comment