Perspective 15.2.26 - former Treasury Minister Eddie Teare talks us through his budget process.

Government finances have read a little like recent weather forecasts, with a gloomy outlook, risk of budget overtopping particularly in health, and economic storms battering our sparse reserves. One former Treasury Minister who wasn’t afraid to grapple with the economic challenges of the day was Eddie Teare. He talks to Perspective about how he went about preparing a budget and considers what next week’s Budget might deliver. As if economic circumstances were’nt bad enough the aftermath of last month’s sackings has caused some disaffection in Tynwald ranks. Will next week’s Budget include brighter spells and sunny uplands?