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A Chancellors opening speech!
StevieJ
Posts: 20,174 Forumite
What do you reckon?
"There will be no more hiding behind obscure forecasting assumptions. We will not leave ourselves open to accusations of accounting tricks, dubious figures, or rigging the rules. I believe not only in sound public finance but in honesty and openness in public finance. It is time to rebuild public trust about the management and use of public money."
"There will be no more hiding behind obscure forecasting assumptions. We will not leave ourselves open to accusations of accounting tricks, dubious figures, or rigging the rules. I believe not only in sound public finance but in honesty and openness in public finance. It is time to rebuild public trust about the management and use of public money."
'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 Thatcher
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Comments
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What do you reckon?
"There will be no more hiding behind obscure forecasting assumptions. We will not leave ourselves open to accusations of accounting tricks, dubious figures, or rigging the rules. I believe not only in sound public finance but in honesty and openness in public finance. It is time to rebuild public trust about the management and use of public money."
well, 13 years is a very very long time in politics0 -
the govt needs to have independent scrutiny of finances
and maybe have a say on what can and can't be afforded0 -
The government can't delegate political decisions to anyone else. It has to say whether the deficit is to be reduced by spending cuts, tax rises or both.0
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BTW as Clapton so astutely picked up on, that was Brownies maiden speech as chancellor in 97
'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 -
VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT VAT
& yes it is going to drive up the price of petrol & diesel also....Not Again0 -
1984ReturnsForReal wrote: »VAT VAT VAT VAT .... etc.
& yes it is going to drive up the price of petrol & diesel also....
What was the size of that deficit again?0 -
1984ReturnsForReal wrote: »& yes it is going to drive up the price of petrol & diesel also....
And we're being cushioned by low oil prices too. In mid 2008, oil was $147/barrel, it's only $70 for the time being. Petrol will be probably £2/litre by mid/late 2011 assuming we don't have another global recession.0 -
dealsearcher wrote: »What was the size of that deficit again?
£3.65 & rising sharply after the £10k tax band, £1m inheritance & the abolition of the employers NI rise..
£5.78 by the end of the year....Not Again0 -
And we're being cushioned by low oil prices too. In mid 2008, oil was $147/barrel, it's only $70 for the time being. Petrol will be probably £2/litre by mid/late 2011 assuming we don't have another global recession.
It was £1.25 at the local petrol station last week. £1.21 today.
Whack another 2.5% on & no one will notice.....Not Again0 -
In mid 2008, oil was $147/barrel, it's only $70 for the time being
It'll be below $50 by October :eek:'In nature, there are neither rewards nor punishments - there are Consequences.'0
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