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We don't quite owe as much as we thought
lemonjelly
Posts: 8,014 Forumite
http://news.bbc.co.uk/1/hi/business/10136055.stm
Our deficit has been cut.
Its all ok.
We can stop all threads with yellow triangles now.
I feel wealthier already.
Our deficit has been cut.
Its all ok.
We can stop all threads with yellow triangles now.
I feel wealthier already.
It's getting harder & harder to keep the government in the manner to which they have become accustomed.
0
Comments
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Only £156 billion.
Coo. We are rolling in it....
:rotfl::rotfl::rotfl::rotfl::rotfl:0 -
I like the way they can't be sure about how much they have borrowed at any point in time. Why does it have to be revised?0
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Puts those £6 billion cuts into context
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
mr_fishbulb wrote: »I like the way they can't be sure about how much they have borrowed at any point in time. Why does it have to be revised?
maybe they had a dig down the back of the sofa, and found a few quid ???Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
Pretty good news if you ask me. Despite what every uninformed Question Time audience member loves to say, amounts like £6 Billion aren't "a tiny drop in the ocean" they're a lot of money. That revised figure is £7.34Bn less than before & that's MORE than then entire £6Bn of cuts the Tories are doing in year one.0
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mr_fishbulb wrote: »I like the way they can't be sure about how much they have borrowed at any point in time. Why does it have to be revised?
Because it was a future estimate, I am pretty sure they will revise the 2010/11 figure at some point 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
so if the deficit was actually 5.5 bn less than expected does that mean that if the new spending cuts have reduced by 6bn it's actually more or less the same as it was under labour???Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0
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lemonjelly wrote: »http://news.bbc.co.uk/1/hi/business/10136055.stm
Our deficit has been cut.
Its all ok.
We can stop all threads with yellow triangles now.
I feel wealthier already.
Surely this can't be true.
In the last 6 months of office, Labour were operating a 'scorched earth' policy which included burning billions of pounds on a remote Scotish island in a blatant attempt to get fans of the KLF to vote for them.US housing: it's not a bubble
Moneyweek, December 20050 -
Oh, well, if we've already cut £1.2 billion more than planned, we can splurge out. It's not like the £6 billion the Torys plan to cut is based on ideological principals, is it?
Anyone for a greek island?“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
Yes we only owe £893bn - you're right Labour have been totally vindicated from any mismanagement.....
I'm feeling dizzy from the amount of spin some try to manage on this board0
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