It's Good to see Someone's Making Money in the UK

donaldtramp

Lets not forget their golden pensions with it's £1.1 TRILLION Deficit

That's £1100 BILLION.

On the same day as the Government set out cost-capping measures for public
sector pensions in the Pre-Budget Report, further Treasury documents revealed
that the official estimate of unfunded liabilities (on the Government’s own figures,
which are much lower than the £1.1 trillion estimated by independent experts)
has increased to £770 billion, up from the Government’s last published estimate
of £650 billion. Although this is not a figure that will have to be paid off in one go,
it is equivalent to around £30,000 per household in the UK, and is almost as high
as the official national debt.
The Commission has been set up as a result of an initiative from the Institute of
Economic Affairs, the Institute of Directors and other groups and is chaired by an
independent actuary. It is seeking evidence on the potential for reform, and will
produce a final report in the summer of 2010, following extensive consultation
with experts from across the pensions spectrum.

Funny how the report is due just AFTER parliament is dissolved.