'The latest public borrowing data shows that on a 12-month rolling sum basis,
the current budget – which excludes capital investment – actually went into surplus in November 2017.'
'However, the IFS stressed on Friday that this improvement
did not mean the pain of the cuts already pencilled in for benefits or public spending could – or were likely to be – cancelled simply due to the recent improvement.
“
On current policy, ‘austerity’ is far from over,” said Carl Emmerson, deputy director of the IFS.'
Why?...
http://www.independent.co.uk/news/bu...-a8247226.html
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