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More - Peter Spencer Quotes

The Chancellor is blaming the UK economic slowdown on the recent spike in oil prices and the weakness of the European economy, but this is unrealistic, - Peter Spencer Quotes

The Chancellor is blaming the UK economic slowdown on the recent spike in oil prices and the weakness of the European economy, but this is unrealistic,

[Immigration] has been an elixir for the economy. They have rejuvenated our workforce and made it much more mobile. - Peter Spencer Quotes

[Immigration] has been an elixir for the economy. They have rejuvenated our workforce and made it much more mobile.

The problems were plain to see at the time of last year's pre-Budget report in December, but instead of addressing them then, the Treasury chose to dress up the UK finances for the election. - Peter Spencer Quotes

The problems were plain to see at the time of last year's pre-Budget report in December, but instead of addressing them then, the Treasury chose to dress up the UK finances for the election.

The simple fact is that he'd already run out of money this time last year, - Peter Spencer Quotes

The simple fact is that he'd already run out of money this time last year,

But a prudent chancellor would keep some money in the bank so that he could do something about it. - Peter Spencer Quotes

But a prudent chancellor would keep some money in the bank so that he could do something about it.

Money

With the election well out of the way, the chancellor's forecasts have taken a step back towards reality. - Peter Spencer Quotes

With the election well out of the way, the chancellor's forecasts have taken a step back towards reality.

We expect interest rates to remain at 4.5 percent until the end of the year, but another rate cut cannot be ruled out. - Peter Spencer Quotes

We expect interest rates to remain at 4.5 percent until the end of the year, but another rate cut cannot be ruled out.

On this basis, the doubling in the oil price since 2003 will have knocked something like three quarters of a percentage point off GDP growth during this year alone. - Peter Spencer Quotes

On this basis, the doubling in the oil price since 2003 will have knocked something like three quarters of a percentage point off GDP growth during this year alone.

We are certainly not out of the woods yet. Growth is still well below par - just hitting the euro-zone average - and with consumer spending dropping and the pressure piling on exports to take up the slack, we could be in for a bumpy 2006. - Peter Spencer Quotes

We are certainly not out of the woods yet. Growth is still well below par - just hitting the euro-zone average - and with consumer spending dropping and the pressure piling on exports to take up the slack, we could be in for a bumpy 2006.

We are certainly not out of the woods yet. Growth is still well below par -- just hitting the euro-zone average -- and with consumer spending dropping and the pressure piling on exports to take up the slack, we could be in for a bumpy 2006. - Peter Spencer Quotes

We are certainly not out of the woods yet. Growth is still well below par -- just hitting the euro-zone average -- and with consumer spending dropping and the pressure piling on exports to take up the slack, we could be in for a bumpy 2006.

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