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Thursday 27 May 2010

Clear speech

The Queen's speech delivered what the business community needed to hear, particularly welcome was the focus on tackling state debt. The Queen also outlined plans to establish an Office for Budget Responsibility (OBR), this new office would replace the Treasury as official forecaster on economic growth and on public borrowing. Independence, openness and honesty are all good things, I hope however some information is still managed, because when you're going under for the third time you really just need to to hear the words 'keep swimming', not 'you're drowning'.

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