It mostly is.
That's what the Treasury and the BoE are. Most Chancellors take the advice of the Treasury and the BoE. Apparently, from what I've been told, Osborne doesn't because the Tories "know better"
( the mighty badger Aphrodite, on a bar stool, by your side, Thu 21 Mar 2013, 11:58, 1 reply, 12 years ago)

"know better" will end up as directors of the private companies that will ultimately end up owning much of the public sector, once they have left office.
( tangledupinblue hairy badge with moving eyes, Thu 21 Mar 2013, 12:00, Reply)

that too.

( the mighty badger Aphrodite, on a bar stool, by your side, Thu 21 Mar 2013, 12:03, Reply)

Good point.

( Fucking hell Jeff I am not a robot, Thu 21 Mar 2013, 12:06, Reply)