Its the economy Gordon!
The Bank of England made a quarter of a point interest rate cut on Thursday, but I think it’s a bit like the little Dutch boy with his finger in the dyke. The economy needs a correction after 13 years of boom. The question is; what has the government done to try and soften the landing for those likely to be worst hit? I remember delivering leaflets in the north beaumont in 1994/5 and seeing so many houses with the repossession notice on the window. I fear this could happen again.
