Cavalier Budgets

Summary


SIR - I stand accused of a 'cavalier attitude' towards Wales' finances but surely this so called self-same cavalier attitude to budgetary deficits is exhibited by both current and past Chancellors of the UK Treasury.

Who can forget the Conservative Chancellor Norman Lamont's handling of the UK's budget and blowing pounds 10bn in a day in the infamous 'Black Wednesday' fiasco, or indeed Gordon Brown's continuing record of increasing the level of UK national debt.

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Cavalier Budgets

I would go further and argue that the caval...

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