Darling Was 'Too Optimistic' in His Predictions for the Economy [Scot Region]
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Summary
THE Bank of England is this week expected to issue figures contradicting Alistair Darling's economic forecasts.
In the latest blow to the Chancellor's credibility, the bank is likely to predict that the UK economy will shrink significantly faster this year than he claimed in last month's Budget.See the full content of this document
Extract
Darling Was 'Too Optimistic' in His Predictions for the Economy [Scot Region]
Less than three weeks ago, Mr Darling said the Treasury expected output to shrink by 3.5 per cent this year. But the bank's quart...
See the full content of this document
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