Darling will spend up to £90bn but will UK taxpayers end up paying? on 100 Mortgages

In Alistair Darling keynote speech to the Labour Party conference, he boasts how through the talent and resilience of the country he is confident that a recovery will come although he does warn that the economy is on a bumpy road and that before the recovery we can expect more turmoil.

He also sung Gordon Brown’s praises saying its only when times are tough the true test of mettle comes, and that he is certain that we have the right prime minister, the right team and right policies to help the country through them.

He made clear in his speech that there will be no big tax rises in this Autumn’s pre-budget report, and also indicated that to keep the economy afloat he will borrow billions if needed some reports have said up to £90 billion, this leaves the tax payers one question who will end up paying for it in the long run?
He made clear there would be no big tax rises in this autumn’s pre-Budget report because hitting firms and family budgets would risk damaging the economy further.

Source: thisismoney

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