Interest rates stay on hold for UK economy: PM

"He was being extremely tough, demanding that we come out with a plan to meet our commitments – he made that case repeatedly.

"If you were the Bank of England it might seem a little bit far-fetched to expect the governor to keep this at the same rate for more than eight months, but his comment this morning suggests we could not be complacent."

The UK had just $6.8bn of its budget left – just a quarter of the level predicted – to spend on public services in 2017 and 2018.

It had just $1.9bn left to spend on the NHS by 2020.

Mr Carney's remarks were widely seen as one in a series of attempts by the PM to keep the Treasury onside by keeping interest rates below zero and insisting that Britain's public finances were secure. 
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Crunch looming again, but no one seems to have any concrete plans to do anything about it.

<Editor>s note: this article is an analysis of my first week on RPS' side of things, which is the week before the release of Thief. Thanks to Mark for his help in getting this out for me. His opinion and recommendations are very welcome. Thanks to Patrick for taking the time to respond to my article, and thanks to him personally for being able to talk with me when I was really cranky about being fired from the job he'd been doing for 15 years, and being able to offer to take over his work for a week. If there's anything I can say to anyone reading this post, or reading my ramblings, about what I was fired for on Friday, I'd appreciate it. Thanks so much]