Brown's spending plans - papers 21 October

Public sector net investment between April to September this year increased just 1.9% against the same period the previous fiscal year, against a Budge forecast of an increase greater than 63% through the entire fiscal year, the FT says. Current expenditure is already up 6.6% through the six-month period, against Budget forecasts of 5.2% for the whole fiscal year. ”If these trends persist, the government would run out of leeway on its definition of the golden rule by the end of the financial year,” the paper warns. The Times notes the latest government spending figures suggest Brow...