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Realistbear

News: U K Finances Worst Ever

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http://www.iii.co.uk/news/?type=afxnews&ar...&action=article

LOPNDON (AFX) - UK public finances recorded their worst ever May performance, suggesting that the rest of the fiscal year will have to improve in order for Chancellor Gordon Brown to meet his targets, official figures showed today.
The office for National Statistics revealed that public sector net borrowing, the government's preferred measure of the public finances, stood at 10.0 bln stg in May, wider than the 9.4 bln stg recorded during the same month in 2005.
Analysts polled by AFX News had predicted the borrowing to narrow to 8.9 bln stg.
The latest figure is the worst ever performance for the month of May and also the second biggest on record since records began in 1993.
The latest figure is the biggest deficit on record since records began in 1998.

Economic Miracle eh?

:lol::lol::lol:

Edited by Realistbear

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The latest figure is . . . the second biggest on record since records began in 1993.

The latest figure is the biggest deficit on record since records began in 1998.

Excuse me? :unsure:

Mind you, I do think historians could unearth some records from before either of those dates :D .

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The office for National Statistics revealed that public sector net borrowing, the government's preferred measure of the public finances, stood at 10.0 bln stg in May, wider than the 9.4 bln stg recorded during the same month in 2005.

This comes on top of a raft of tax rises, NHS overspends and enormous stealth spending (e.g. PFI deals).

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"enormous stealth spending (e.g. PFI deals)."

And the rest.

The promise to keep paying public sector workers final salary pensions, when the rest of us are expected to work till we die to pay taxes to support the saprophitic parasites is really taking the pi*s.

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This comes on top of a raft of tax rises, NHS overspends and enormous stealth spending (e.g. PFI deals).

Scary stuff :blink: NuLabour have surely stuffed things up for the next generation at least.

I am personally sick of all the 'Workshy' out there who get all kinds of benefits handed too them for sitting on their lazy backsides while the rest of us poor saps get screwed by ever rising council Tax etc.

A guy in the block I live has been Unemployed for years. He both Smokes & Drinks & always seems to have cash avaliable for the latest gadgets etc. He stays in bed to PM most days & basically lives the 'life of riley' Guess who is picking up the tab for him & others of his ilk :angry:

Edited by LBoots

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Scary stuff :blink: NuLabour have surely stuffed things up for the next generation at least.

I am personally sick of all the 'Workshy' out there who get all kinds of benefits handed too them for sitting on their lazy backsides while the rest of us poor saps get screwed by ever rising council Tax etc.

A guy in the block I live has been Unemployed for years. He both Smokes & Drinks & always seems to have cash avaliable for the latest gadgets etc. He stays in bed to PM most days & basically lives the 'life of riley' Guess who is picking up the tab for him & others of his ilk :angry:

If that wasn't bad enough they've just given the retail billionaire Philip Green a knighthood, ironic as he keeps boasting that he manages to pay no income tax in the UK due to some nice little loopholes he can exploit. It isn't just the 'poor' that are screwing this country.

If your honest, work hard, declare your taxes, you can rest happy in the knowledge that an army of wasters and Tony's cronies are having a laugh at your expense.

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Scary stuff :blink: NuLabour have surely stuffed things up for the next generation at least.

I am personally sick of all the 'Workshy' out there who get all kinds of benefits handed too them for sitting on their lazy backsides while the rest of us poor saps get screwed by ever rising council Tax etc.

A guy in the block I live has been Unemployed for years. He both Smokes & Drinks & always seems to have cash avaliable for the latest gadgets etc. He stays in bed to PM most days & basically lives the 'life of riley' Guess who is picking up the tab for him & others of his ilk :angry:

We are seeing a growing epidemic of workshyness in this country. There are natural born skivers who now who have a rich harvest of schemes to milk (training schemes, sick benefit, dole etc) whilst working in the black economy. There are people paid out of the public purse (GPs, public servants etc) who have never had it so good. Finally there are an army of 40, 50 and 60 year olds who no longer believe that they have to work hard. They are convinced that their homes will make them millionaires. I am amazed at the number of people around who work short hours these days. Gordon has convinced them that they can grow rich without doing another hard day's work again in their life.

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http://www.iii.co.uk/news/?type=afxnews&am...;action=article

LOPNDON (AFX) - UK public finances recorded their worst ever May performance, suggesting that the rest of the fiscal year will have to improve in order for Chancellor Gordon Brown to meet his targets, official figures showed today.
The office for National Statistics revealed that public sector net borrowing, the government's preferred measure of the public finances, stood at 10.0 bln stg in May, wider than the 9.4 bln stg recorded during the same month in 2005.
Analysts polled by AFX News had predicted the borrowing to narrow to 8.9 bln stg.
The latest figure is the worst ever performance for the month of May and also the second biggest on record since records began in 1993.
The latest figure is the biggest deficit on record since records began in 1998.

Economic Miracle eh?

:lol::lol::lol:

It's amazing how G Brown continues to pull off his tricks...

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  • 301 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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