Brown warned on gov't borrowing - papers 21 January

the FT reports the warning comes after another Tory Party attack on the government deficit, and ahead of latest figures on public spending published set for publication today. "For 20 years or more the G7, while lecturing each other and the rest of the world on the need for fiscal discipline, has continued to borrow more and more," King says. The governor also warned economists from reading too much into Christmas sales figures. "We should recognise that the true meaning of the Christmas story will not be revealed until Easter - or possibly much later." EIGHT MILLION LETTERS are...