Pre-Budget Report

It is right for the Government to use this pre-Budget report to maintain investment in the economy. The private sector is on its knees at the moment because of the banking catastrophe that we are experiencing. It is only the Government, through the help that they are giving to business and individuals, who are keeping the economy going. However, given the need in the future to cut the fiscal deficit, increase capital liquidity requirements for financial institutions, unwind the £200 billion of quantitative easing and eventually to move interest rates away from zero, will the Chancellor consider further developing a macro-economic framework to deal with those issues?