editorial cartoons

Gordon Brown hands over the Treasury wheel to Alastair Darling. In the first week of his tenure, the bank of England raises the bank base rate to 5.75% in order to keep the lid on inflation. This will hurt mortgage payers. With personal debt at the highest levels ever, and the economy based on a fragile consumer spending boom, the road ahead could be quite rocky.

The Sunday Telegraph; Sunday 8/7/07

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