Michael Howard has a good phrase here to go with Teflon Tony… Introducing the credit card chancellor! Apparently our government will be borrowing ?37 billion this year – 25% more than he estimated. Then, to add to the insult, borrowing’s going to remain high. I suppose that we’ll all be paying for the “improved” public services for some time to come.

Having read through it all though I can’t actually see what he’s actually done other than tweak a few odds and sods around the edges. Did I miss something or is this year’s budget a non-event for the average person?