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I was reading this article and I'm not sure about the meaning of this sentence:
Despite rise in inflation and borrowing, chancellor to court medium earners in 'steady-as-she-goes' financial package
Could you explain me what the author meant by "steady-as-she-goes" financial package?
Could it be something like "a financial package that is congruent with previous economic policies"?
PS: Is this kind of question appropriate for this site?
It was originally a maritime expression, where she refers to a vessel and it is an instruction to maintain the current course. So the author is saying that with this budget, the chancellor is continuing in the same policy direction.
The original expression refers to a ship (hence she), and means to keep on a steady course. A discussion thread here says:
It is an instruction from the captain to the helmsman of a ship, to keep the ship heading steadily on the same course regardless of gusts of wind or cross-currents.
