all this bally-hoo in the Press about What a Dramatic Crisis Budget it would be; and then the maestro comes along on Tuesday, weeks earlier than usual, with the flags flying and the trumpets blowing, and merely announces that he intends to raise the Bank rate—which he could do on any Thursday of any week; and for the rest he says that there are to be no cuts in civilian consumption, for these are not necessary at all.

We had all this elaborate, psychological build-up; all this bally-hoo in the Press about What a Dramatic Crisis Budget it would be; and then the maestro comes along on Tuesday, weeks earlier than usual, with the flags flying and the trumpets blowing, and merely announces that he intends to raise the Bank rate - which he could do on any Thursday of any week; and for the rest he says that there are to be no cuts in civilian consumption, for these are not necessary at all.