Possible re-think of borrowing rules worries advisers

It has been reported that the treasury are looking at a new framework - which could be announced in the autumn pre-Budget statement - that would allow borrowing to break the current 40pc limit as an alternative to increasing taxes. However the proposed plans have been met with concern from advisers. "Here we are all being told that we have to tighten our belts etc and you then have a government saying 'well actually we are going the other way,' I do worry whether there is a single economist within the government," said Chris Geeson, managing director at Geeson Financial Services. "Wh...