27 November 2011

Are we supposed to be impressed?

Some advance notice on Tuesday's announcement (here):
New Year price rises for motorists and train passengers are to be curbed by George Osborne this week as the Chancellor strains to avoid Britain reversing into recession. Tuesday's Autumn Statement will include high-profile pledges to limit rail fare increases to about 6 per cent instead of 8 per cent, while the planned 3p rise in fuel duty will also be delayed, possibly until April.
Big deal!  It may be better than a poke in the eye with a sharp stick.  But not much better.

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