Today’s “Phrase of the Day” is “hold/control the purse strings“ and it is a phrase meaning “have control of spending of money (by a family, company, country, etc.)”.
Example Sentence: The rest of the country will suffer so long as Westminster (the Parliament of the United Kingdom) holds the purse strings. We were promised an era of civic rebirth. Instead, Covid has shown how obsessively London clings to power.
This phrase is present in The Guardian article The rest of the country will suffer so long as Westminster holds the purse strings and click here to read it.
Courtesy: The Guardian
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