SOME OF THIS morning's papers are discussing the reprimand dealt to Gordon Brown by the EU Economic and Monetary Affairs Commissioner, over Britain's borrowing deficit.
THE CHANCELLOR Gordon Brown came under renewed pressure yesterday to raise taxes or cut government spending in his spring budget after the European commission gave him a year to bring Britain's public borrowing under control, reports The Guardian. Brown, who is normally prone to lecturing his fellow EU finance ministers on their sorry performance, faces the embarrassment of seeing the tables turned when they meet on January 24 to endorse a reprimand by the commission yesterday that Britain's budget deficit is excessive. But the Treasury signalled the chancellor would defy Brussels and i...
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