Pre-Budget Report

In a moment. The Conservative party is now virtually isolated in its belief that Government should do absolutely nothing to help. All over the world—in the United States, France, Germany, Italy, Japan, China, Spain, Mexico and South Korea—Governments are coming to the view that they ought to be helping their economies at a time when they are all being affected by the fallout that started, as the Americans themselves say, in the American sub-prime market last year.