Budget: Brown claims economy is healthier after 10 years

In his 11th Budget speech, Brown says the UK has maintained its inflation target of 2.5-3%, compared with a peak of 4.7% in the US and 3.3% across the G7 and is set to be on course to meet its 2008/09 target. "I can report the British economy is growing faster than all other G7 countries," says Brown. "By holding some of our commitments and discipline on public sector pay, we have created the conditions for the low mortgage and interest rates which since 1997 have been half of the old boom and bust," he adds. As part of the government’s key economic data, Brown says overall investment in...