Society, Politics & Law
The 2015 Autumn Statement: First responses
...sand and done absolutely nothing since being appointed in 2010. Yes a country has to “live within its means”. But that is not reflected in the budget deficit, but in the the balance of payments deficit, which shows whether the country spends more than it earns. And the UK does spend more than it earns. The balance of payments deficit (on current account) widened to...