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Memo to Towel Folder: You're borrowing £100bn a year, every year. There's nothing to 'give away'.

The sad reality that no one seems to notice ,how many would be happy to receive a bill for their Christmas present ?

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Bookmakers are offering odds on certain words being mentioned by Osbanker in his budget speech, e.g.

"Hard working families" is even money

"NHS" is 1/10

"Pre-election giveaway" is 33/1

http://www.oddschecker.com/politics/british-politics/budget-specials/to-say-at-anytime

Hard working families at evens is a good bet

Edit it`s of the list now same as tidal lagoons

Edited by long time lurking

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hmmm wonder if the banks will now reduce the interest rates by that 20% to ensure you still get the same money you would have got after tax was paid on interest.

Would not surprise me 1 bit.

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£1 coin to look like what it's worth....a thrupence bit.

3d58p.jpg

£1 coin to look like what it's worth....a thrupence bit.

3d58p.jpg

£1 coin to look like what it's worth....a thrupence bit.

3d58p.jpg

Houses definitely...80 times spot on...(3/240)...rpi 21 times.

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  • Osborne announces sale of £13bn of mortgage assets from Northern Rock and Bradford and Bingley to be sold.
  • Lloyds Bank assets worth £9bn also being sold.

Osborne says he won’t treat this as a windfall, even though some of his predecessors would have done that.

Instead, the income from the bank sales, plus lower welfare payments, plus the savings from lower charges on gilts, will be used to pay down the national debt.

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  • Osborne announces sale of £13bn of mortgage assets from Northern Rock and Bradford and Bingley to be sold.
  • Lloyds Bank assets worth £9bn also being sold.

Osborne says he won’t treat this as a windfall, even though some of his predecessors would have done that.

Instead, the income from the bank sales, plus lower welfare payments, plus the savings from lower charges on gilts, will be used to pay down the national debt.

Is that because it's worth 1/4, 1/10 ( guesstimates please? ) of what it's cost us ( THE TAX PAYER/SAVERS/WORKERS ) to buy get landed with ?

Some f**king windfall that.

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Is that because it's worth 1/4, 1/10 ( guesstimates please? ) of what it's cost us ( THE TAX PAYER/SAVERS/WORKERS ) to buy get landed with ?

Some f**king windfall that.

I'm wondering who is buying those mortgage books.

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