|New money comes spewing out!|
is available to help the economy out of the doldrums. Do they take us for fools? They surely do!
UPDATE at 12.30pm
It's going to be £75 billion. I'm just wondering who will actually benefit. Perhaps we could have an audit trail published to tell us where each pound is going?
The news has been met with feint enthusiasm from the CBI. Ian McCafferty, the CBI's chief economic adviser says, "This measure will help support confidence, but we need to recognise that its impact on near term growth prospects is likely to be relatively modest. Only once the turmoil in the eurozone is resolved will confidence be fully restored."
How long is a piece of string?