A Chancellors opening speech!

michaels

Brilliant thread - sums up the hope over experience with a new govt followed by the inevitable disillusionment and recognition that business as usual was all it ever was...

StevieJ wrote: »

What do you reckon?

"There will be no more hiding behind obscure forecasting assumptions. We will not leave ourselves open to accusations of accounting tricks, dubious figures, or rigging the rules. I believe not only in sound public finance but in honesty and openness in public finance. It is time to rebuild public trust about the management and use of public money."

Kohoutek

purch wrote: »

It'll be below $50 by October :eek:

You're expecting a double-dipper then? Or has the price been bid up beyond fundamentals by speculation?

cogito

StevieJ wrote: »

"There will be no more hiding behind obscure forecasting assumptions. We will not leave ourselves open to accusations of accounting tricks, dubious figures, or rigging the rules. I believe not only in sound public finance but in honesty and openness in public finance. It is time to rebuild public trust about the management and use of public money."

And the first thing he did was hide the removal of the dividend tax credit which devastated pensions. Start as you mean to go on......