northwichcat
Veteran Member
Off topic, the finances of the country were going awry before the 2008 crash. Brown's time as Chancellor can be separated into phases, the first half when he was very prudent the second when he started splashing the cash
Between 1979 and 1986 a £10m deficit was seen as normal. Brown delivered a £32m deficit in 2006, Geoffrey Howe delivered a deficit of £10m in 1980, taking in to account inflation that would have been equivalent to £30m in 2006 money. Unlike Geoffrey Howe, Brown had the years he delivered a surplus to help improve his average figure.