The environment in the UK towards deficit cutting and reducing public expenditure is hostile and reactionary. One group highlighting the need for the UK to live within its means is the Taxpayers’ Alliance. Matthew Sinclair, the director of the Taxpayers’ Alliance told the BBC “we can’t go on borrowing at the rate we are.”
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.