Consumer windfall could yet save the Tories

Article Abstract:

Some observers believe that the UK's Conservative government is in such disarray that a general elections should be held in the near future. However, prime minister John Major may be better advised to try to remain in power as long as possible, especially as a rise in consumer wealth may benefit the government. Extensive spending on lottery tickets indicates that consumers do have money to spare, despite continued difficulties in the retail sector, and personal income is set to rise by around 1 billion pounds sterling in spring 1996 as households in England and Wales receive a rebate of 54.60 pounds sterling as a result of the flotation of the National Grid.

United Kingdom, Consumption (Economics)

---

A mountain of reasons to reduce public debt

Article Abstract:

Public debt has not risen as rapidly in the UK as in other countries over recent decades, but the UK economy has still been badly affected by excess borrowing elsewhere. It is now time for low-debtor nations such as the UK to call on others to take stricter measures to control their debt. There is perhaps even a need for a world fiscal authority with the power to enforce the budget rules set down in the Maastricht Treaty.

International aspects, Column, Fiscal policy

---

Similar abstracts:

• Abstracts: An investment in the wrong kind of chips. A trio of reasons for public ill temper. If we had no railways, we'd never invent them
• Abstracts: Contemplating complaints. Should we change the rules of this club? Free agent for justice
• Abstracts: Who'd want to leave the Boro? Why Chris Smith found the opera too much. Stephen Fry's strange idea of failure
• Abstracts: The correct view of the recession. Fear of recession stalks Europe. Italy's 'olive tree' coalition may yet surprise Europe
• Abstracts: An easy way to make the grade? Sir thought he was witty. Word blind

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.