Posted by biketastic on 26th of Feb 2010 at 03:20 pm
In the UK, governments have a maximum term they can serve but
they can call an election at any time with just 3 weeks notice.
Last year the budget was on 22 April but a date has not yet been
announced for this year. Shambolic, isn't it?
Calling a snap election - at a time when the poll margins are
narrowing - AND before an austerity budget is a distinct
possibility imho. Additionally, there is friction between the
Brown job and the Chancellor (who wants to start reining in
spending). Brown just wants votes - and the country can go to
hell in a hand cart. It's all about hubris with him.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
sneaking in the election before the budget??
GBPUSD, UK Election
Posted by biketastic on 26th of Feb 2010 at 03:20 pm
In the UK, governments have a maximum term they can serve but they can call an election at any time with just 3 weeks notice.
Last year the budget was on 22 April but a date has not yet been announced for this year. Shambolic, isn't it?
Calling a snap election - at a time when the poll margins are narrowing - AND before an austerity budget is a distinct possibility imho. Additionally, there is friction between the Brown job and the Chancellor (who wants to start reining in spending). Brown just wants votes - and the country can go to hell in a hand cart. It's all about hubris with him.