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Good housekeeping at the Treasury

About 4 pages (1,143 words)

The Independent - London, October 20th, 1994

IN THE Thirties, Stanley Baldwin remarked: "There are three groups which no British prime minister should provoke: the Vatican, the Treasury and the miners."

Well, it is hard to see John Major (or indeed Tony Blair) worrying too much about the policies of the Vatican; and the sad saga of the Eighties demonstrated how the power of the miners had faded. But up until yesterday's announcement of substantial cutbacks, the Treasury has, if anything, seemed more secure than when Baldwin was Prime Minister.

Now, however, the Treasury is doing something altogether more radical. In cutting itself back...

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HAMISH McRAE. The Independent - London, October 20th, 1994. Good housekeeping at the Treasury. Content provided by HighBeam Research.



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