Posts Tagged ‘economic recovery’
Green budget to help UK out of recession?
Gordon Brown is promising this month’s Budget will plot a “green” route to economic recovery. Part of the eco measure the prime minister hope will boost the economy includes Trials of electric cars, a roadside network of vehicle-charging points and incentives for environmentally friendly carmakers. The prime minister who was trying to drum up support for another rounds cash injection into the economy before the G20 submit seem to have headed the bank of England governor’s warning that another injection of of fiscal stimulus into the economy was not a good idea. Mr Brown bill the Budget to be read on the 22 April as the “a job creator, a quality of life improver, and an environment-enhancing measure”.
As can be expected, the opposition was quick to condemn Mr Brown green budget. Shadow energy and climate change secretary, Greg Clark said: “Now that the governor of the Bank of England has aborted Gordon Brown’s plans for a ruinous new debt-funded fiscal stimulus, the prime minister is desperate for something to say in the forthcoming budget.