Sweeties from Gordon - papers 3 December

The Daily Telegraph expectedly takes the stance Brown’s spending plans will offer further sweeteners when the Budget is presented next year, ahead of an election this paper says will be called by 5 May. The Scotsman pushes the line this spending is only possible because of oil reserves in the North Sea. ”Ominously, oil prices fell by $2 to about $42 a barrel yesterday,” The Scotsman writes. The FT notes many economists are still wary of the figures put out yesterday, suggesting it will be a closely run thing for the chancellor to meet his targets without going into too much debt. ...