Monday, 1 December 2008

General Election date

There has been a fair bit of discussion about the General Election date. I think that autumn 2009 is now a real possibility. Why? Well for those in a job, fuel prices will have fallen dramatically, mortgage rates fallen and any impact of the 'fiscal' stimulus will have been felt. On top of that there is some suggestion-RBS-that house prices may have reached their floor. The negative bits of Darling's package will not have been felt-tax rises, and the near freeze on public expenditure in 2010. I think October may look better than May for Labour