Osborne hopes quick fix keeps him ahead of inflation curve

#AceDebtNews

This was sent to our newsdesk by the brother of Alan Taylor – well worth a read!

http://www.theguardian.com/business/economics-blog/2013/aug/11/monetary-policy-bank-of-england-interest-rate

"Work by the American academic Alan Taylor has estimated the cost of (this) austerity to the British economy. The results show that GDP would be 3% higher without the combination of tax increases and spending cuts – sufficient to bring national output close to where it was before the recession began."