Lord Jones, former Berr minister, didn’t exactly praise the PBR when he spoke in the Lords debate yesterday: “The accent in the pre-budget report was on stimulation of the consumer. However, regardless of a VAT reduction, people will not go shopping for big-ticket items when they are out of work.”
Couldn’t have put it better myself.
Jim Pickard and Alex Barker, FT Westminster correspondents, share the latest news and gossip from the UK's political scene.
Alex Barker has been an FT political correspondent since July 2007. He joined the paper in 2005, after working in current affairs television.
Jim Pickard joined the FT's lobby team in January 2008, having been a regional correspondent, assistant UK news editor and property correspondent.
FT.com - UK Politics & Policy news
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