The Budget cut a little from public spending to allow some overall cuts in income tax.
So, Greece has been saved - is that right? According to ISDA (the International Swaps and Derivatives Association) a "Restructuring Credit Event has occurred with respect to the Hellenic Republic" which in the vernacular means the Greeks are bust - tell...
By the time you read this column, the pre-Budget pantomime will be reaching a fever pitch.