UK Fiscal Rules (European Union profligacy)

Today it is reported that the government is considering rewriting its own fiscal rules on how much it can borrow in order to counter the effects of European Union profligacy.

The new rules, would permit the government to borrow more money as an alternative to increasing taxes.

The European Union cost the UK £12.6billion last year (the equivalent 5p in the £ income tax)

BETTER OFF OUT
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