The Chancellor has failed to stick to his 2010 promise to wipe out the deficit by the end of the current parliament, despite damaging cuts to public services. In the March 2015 Budget, a new deficit reduction schedule was unveiled, envisaging the elimination of the deficit by the third year of the next parliament, with a surplus being recorded after that. While this current Treasury plan is a reasonable target, there is little public faith it will be achieved, coming as is does in the wake of previous failure.
positive towards particular countries