Britain's budget 英国预算
Britain's budget plans were announced towards the end of the quarter, on June 22nd. Germany's were set out two weeks earlier.
英国财政计划于季度末6月22日公布,德国的更早两个星期出炉。
Waste and lower growth because of poor tax policy will only make the fiscal hole harder to fill. The new tax will do little to reduce Britain's budget deficit.
由于差劲的税收政策,浪费和低增长将会使财政漏洞更难填补,而新税收对减少英国财政赤字起作用甚少。
The pound came under heavy selling pressure on the foreign exchanges yesterday as fears that a hung parliament could delay action on Britain's budget deficit sent jitters through the markets.
由于人们担心一个悬而未决的国会将会打击市场信心,英镑昨日承受了强大的抛售压力。
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