Working
THE Tories can look forward to a regular supply of good news about the economy during the election campaign. This week alone brought four lots of helpful data. The public-sector borrowing requirement for February was less than expected; the full-year total, due in April, should be below the government's forecast. Retail sales were surprisingly strong in February, calming fears of a plateau in consumer confidence. The underlying annual rate of inflation (which excludes mortgage costs) fell to 2.9%.
This article appeared in the Britain section of the print edition under the headline “Working”
From the March 22nd 1997 edition
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