Autumn Statement: No miracle cure for economy - Osborne

Gerald · 12-05-12, 02:46 AM

Quote:

Chancellor George Osborne will tell MPs there is "no miracle cure" to the UK's economic problems when he delivers his Autumn Statement.

Quote:

Mr Osborne makes his statement to MPs against a gloomier economic background than forecast in March's Budget.

He will say the coalition are "confronting the country's problems" and insist he is not ducking the "hard work" of reducing the deficit.

Labour has called the government's economic policy "a terrible failure".

The chancellor will set out the state of the UK economy and his deficit-cutting programme from 12:30 GMT.

He is expected to say: "In this Autumn Statement, we show that this coalition government is confronting the country's problems, instead of ducking them.

"The public know that there are no miracle cures. Just the hard work of dealing with our deficit and ensuring Britain wins the global race."

http://www.bbc.co.uk/news/uk-politics-20600442

UK will cope with this, I am convinced.

Note: 5 December 2012 Last updated at 03:51 GMT

TLAM Strike · 12-05-12, 07:58 AM

Me as the ignorant American I am immediately thought "What does Ozzy know about economics?"

Herr-Berbunch · 12-05-12, 08:07 AM

Quote:

Originally Posted by TLAM Strike

Me as the ignorant American I am immediately thought "What does Ozzy know about economics?"

The answer is - more than this other Osborne.

Jimbuna · 12-05-12, 08:51 AM

Quote:

Originally Posted by TLAM Strike

Me as the ignorant American I am immediately thought "What does Ozzy know about economics?"

Quote:

Originally Posted by Herr-Berbunch

The answer is - more than this other Osborne.

Must say I'm well happy he's dropped the proposed 3 pence extra duty on a litre of fuel

Gerald · 12-05-12, 09:19 AM

How much cost a liter of petrol, where you live,

Herr-Berbunch · 12-05-12, 09:20 AM

Quote:

Originally Posted by jimbuna

Must say I'm well happy he's dropped the proposed 3 pence extra duty on a litre of fuel

Yeah, Sharon's started driving herself around a bit more nowadays so she had a word in his shell-like.

Jimbuna · 12-05-12, 09:23 AM

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Originally Posted by Vendor

How much cost a liter of petrol, where you live,

£1.33

Jimbuna · 12-05-12, 09:27 AM

Quote:

Originally Posted by Herr-Berbunch

Yeah, Sharon's started driving herself around a bit more nowadays so she had a word in his shell-like.

Oh we are sharp today

Gerald · 12-05-12, 09:27 AM

So there was,3 pence more before...

Jimbuna · 12-05-12, 09:34 AM

No, there was going to be an additional 3 pence levied

Gerald · 12-05-12, 09:37 AM

So now you can run longer trips, and more often, as it is cheaper.

Jimbuna · 12-05-12, 09:41 AM

Always could I don't drive my car all that much really.

STEED · 12-05-12, 09:42 AM

Dropping the 3p rise on fuel dose not mean much as Opec can and will jack up the prices at the pump.

And I'm now poorer.

Plan A is not working, the crunch is extended onto 2018.

BossMark · 12-05-12, 12:24 PM

Quote:

Originally Posted by STEED

Plan A is not working, the crunch is extended onto 2018.

Hopefully then the Tories will have been sent to Oblivion

Jimbuna · 12-05-12, 03:26 PM

Quote:

Originally Posted by STEED

Dropping the 3p rise on fuel dose not mean much as Opec can and will jack up the prices at the pump.

And I'm now poorer.

Plan A is not working, the crunch is extended onto 2018.

Surely you benefit from the rise in the personal tax allowance

12-05-12, 07:58 AM	#2
TLAM Strike Navy Seal Join Date: Apr 2002 Location: Rochester, New York Posts: 8,633 Downloads: 29 Uploads: 6	Me as the ignorant American I am immediately thought "What does Ozzy know about economics?" __________________

12-05-12, 09:19 AM	#5
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	How much cost a liter of petrol, where you live, __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

12-05-12, 09:27 AM	#9
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	So there was,3 pence more before... __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

12-05-12, 09:34 AM	#10
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,525 Downloads: 63 Uploads: 13	No, there was going to be an additional 3 pence levied __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

12-05-12, 09:37 AM	#11
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	So now you can run longer trips, and more often, as it is cheaper. __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

12-05-12, 09:41 AM	#12
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,525 Downloads: 63 Uploads: 13	Always could I don't drive my car all that much really. __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

12-05-12, 09:42 AM	#13
STEED Lucky Jack Join Date: Jan 2006 Location: Down Town UK Posts: 27,695 Downloads: 89 Uploads: 48	Dropping the 3p rise on fuel dose not mean much as Opec can and will jack up the prices at the pump. And I'm now poorer. Plan A is not working, the crunch is extended onto 2018. __________________ Dr Who rest in peace 1963-2017. To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT!