Frank Field's piece in today's Telegraph about the difficulties facing the next British government is well worth reading. He outlines, more lucidly and - ahem - frankly than any other politician I have read just how royally screwed our economy is; and how drastically any incoming administration is going to have to cut public spending if it is to repair our finances.
He cites the shocking figure from the Institute for Fiscal Studies that the recession "has wiped out nearly five per cent of our ...
Published on September 14, 2009 01:40