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Realistbear

Gordon's Figures Might Be All Wrong

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http://portal.telegraph.co.uk/money/main.j.../17/ixcity.html

Unreliable figures could rock Brown

By Edmund Conway (Filed: 17/03/2006)

Government statisticians have thrown a spanner into the works for Chancellor Gordon Brown days ahead of the Budget, admitting that the public spending figures that it has been producing since last year have been
considerably more unreliable than usual
.
The Office for National Statistics said a big overhaul in the way it calculates government spending meant "the quality of [spending] data for recent periods will be affected, which may lead to larger than usual revisions to National Accounts and Public Sector Finance Statistics".
The news will be a blow for the Chancellor, who had hoped that this year's Budget would prove his spending plans to have been an unequivocal success.

What, no "Miracle Econmy" after all? All that HPI for nothing? :lol:

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No surprise there, how do they expect the ONS to keep account when even major departments resort to cooking the books :-

Home Office accounts in 'chaotic state'

In an unprecedented level of criticism, the National Audit Office has accused the Home Office of allowing its accounts to fall into a 'chaotic state'.

The NAO found a 'spectacular failure' in the way accounts were handled, with 'numerous errors and inconsistencies'.

Sir John Bourn, the head of the NAO, reported to parliament that he could not reach an opinion on the accuracy of the department's accounts for 2004-05.

One NAO official told the Financial Times: 'It's an unusual report for us, but one which underlines the chaotic state we found the accounts in.'

Sir John Gieve, who was the top civil servant at the Home Office during the period covered by the NAO's report, became a deputy governor at the Bank of England and a member of the monetary policy committee last month.

Edited by BuyingBear

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Apathy is the biggest sin of this generation of people living in the UK.

All it takes for evil to win is for good men to do nothing.

Serious this goverment can do whatever they want. The people in the inner cities and poorer regions of the uk the mainstay of labour votes dont even watch the news and read neutral unbiased articles.

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Guest Bart of Darkness

Shock revelations from ONS could rock the Chancellor

Nothing could dent that ego.

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Apathy is the biggest sin of this generation of people living in the UK.

All it takes for evil to win is for good men to do nothing.

Serious this goverment can do whatever they want. The people in the inner cities and poorer regions of the uk the mainstay of labour votes dont even watch the news and read neutral unbiased articles.

The best thing for all potential property buyers to do is NOTHING.

General Strike until house prices fall to affordable levels (average price at 3 X average income).

THis is perhaps the only time when inaction will pay off!

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NO SH1T SHERLOCK!!!!!!!

how come we spotted it years befeore HE did??

...and this muppet is holding the purse-strings!!!

he's either totally incompetent or deliberately reckless.

the former could be forgiven.

Apathy is the biggest sin of this generation of people living in the UK.

All it takes for evil to win is for good men to do nothing.

Serious this goverment can do whatever they want. The people in the inner cities and poorer regions of the uk the mainstay of labour votes dont even watch the news and read neutral unbiased articles.

how true.....but the apathy will only reign while people have the perception of gaining.

...when it becomes apparent that enough people are worse off they will protest.....watch out for the riots!

not that it makes much difference if people elect tories or labour,or libdem.

....people are tired of all of them....same crap in a different colour box.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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