Reporting on the UK's stellar 0.3% GDP growth in 4Q 2009, The Times identifies
... concerns that this growth had been “borrowed” from the first three months of 2010 as shoppers brought forward purchases to beat the rise in VAT at the end of last year. Economists said this increased the possibility that figures for the first three months of 2010 could be worse than those for the end of 2009
Borrowing from the future ? This is Gordon Brown's entire modus operandi !! - from PFI in the good times, to wholesale pre-election book-cooking on a monstrous scale.
Will Darling feel able to blow the whistle in his final budget ? Your final act in politics, Alistair - what's it to be ?