Showing posts with label chancellor. Show all posts
Showing posts with label chancellor. Show all posts

Tuesday, 7 February 2017

HIGHER TAXES AND DEEPER CUTS Updated 12 Feb., 2018


NO AUSTERITY HERE!!!

Update 12 Feb., 2018 -- DWP sending out letter telling Pension Credit included into State Pension and at the same time showing the State pension less by £20 - in other words Pension Credit has gone. It is Universal Credit start on the quiet in April, 2018. Plus ruining/selling off our NHS people paid for all their lives and those fatcats creaming off. 

Update 7 Nov., 2017 --
This is a most shameful record when people die of starvation and/or cold. Especially during the last two years when benefit payments were withheld because the claimant missed appointment due to no fault of their own or was signed off to work even they were terminal ill.






Updated 22 April, 2017 --
All these plans have been shelved (not cancelled make no mistake) since PM May announced a surprised election for 8 June, 2017. If they win they will be back with twice the vengeance being full of glory.

PM May's Equal Society!!!!!

Higher taxes and deeper cuts has been planned since the austerity will last well into 2020s. This was forecast by experts of the Institute for Fiscal Studies.

Hopes that austerity and the governmental squeeze would soon end were dashed. Surprise, surprise, the reason is that the Chancellor may (will) not be able to reduce the highest deficit since 67 years.

At least, since the high deficit is being blamed and lately the Brexit it will not be Labour this time who is the whipping boy. The Tories always blame somebody or something else.

The fact is, that PM May and her new Chancellor, Philip Hammond, are none the better than David Cameron and George Osborne.  There is always millions and billions of pounds available with their projects and they spend it like water, never mind the high deficit.

£100billion for Trident

£40billion for HS2 and it will be twice as much at the end

Each bombing mission of Syria costs £500,000

£100million given to Turkey for them to build fighter planes

Serco and G4S earned £700million and both contractors are

not up to the standard.

Concentrix, another contractor dealing with tax avoidance, was crushing out and David Cameron tribled their fees and let them carry on until even the HMRC put a stop to it. It is now brought back into HMRC. What a waste of money.

These are just a few recently emerging scandals.

Regarding the high increase of taxes would that also balance out the reduction of the Corporation tax?

In my opinion, and I sure many people would agree, austerity is not working because the more the Government is reducing the income of people the less they will spend. It already shows, supermarket reducing staff and reducing their outlets. As for smaller shops, they had been closed a long time and it shows in the High Street with rows of boarded-up shops. It also tells on manufacturing which have reduced orders and lay off staff which increases unemployment.
The government announcement of unemployment reduction is unbelievable and the data shows that they create figures of various groups to make-belief unemployment is dropping.

In April there will be George Osborne’s famous £12billion Welfare cuts come into effect and disabled people will lose £30 per week down to £73. It is an awful lot of money when you are already down and rely on Food Banks.

Of course, Mr Osborne would not have the slightest idea what it means. He burned a £50 note in front of a homeless man which tells it all what character he is.

Now it looks like the Tory Government uses its full power to destroy the NHS and Welfare which are already on its knees. Just to privatise it and increase the private insurance’s pockets, including the shareholders. I will be the same situation as in America that people cannot afford the insurance fees and will not be treated.

All the other privatisation and contractors proved that they are only after the profit and give the worst service but the Tory Government will carry on until everything is in ruins as long their pockets are filled.

They know that the Labour Party would kick them out but forestalled it. They causing all the disarray by having quite a number Labour MPs under their influence. It seems that more and more Labour MPs dropping their mask and show their real face.

Why don’t they move to the Tories and help them to destroy the UK and its people. At least they would be honest and not such hypocrites.

It is also said the UKIP are nothing but Tories therefore it goes for them as well.







Wednesday, 11 November 2015

FINANCIAL CUTS Updated 2 Nov., 2019


New Chancellor
Philip Hammond
Update 2 Nov., 2019 - PM May resigned in June 2019 and Boris Johnson was chosen by his Tory Party, not the Public - Philip Hammond resigned and Sajid Javid is now the new Chancellor since July.

Johnson tried to get his Brexit deal approve by Parliament but couldn't because he put an Irish Border at the Irish Sea which is unacceptable. He then  announced a General Election on 12 December, 2019. Brexit was postponed till 31 January, 2020. 

There was no new Budget due at the end of September, 2019 and no report of Economic data. The quarterly report before showed a Deficit and it is assumed that the Economy has not improved. Therefore, the reason for not publishing the Economy Report, most probably, was the coming GE.                                           

UPDATED   24 Nov., 2016  --
Yesterday's new Chancellor Philip Hammond's budget was beyond belief. Osborne must have been in it Cut Corporation Tax to 17 pc; only freezing petrol tax not reducing since the crude oil is half the price; no big deal to increase living wages from £7.30 to £7.50; no increase in NHS, Welfare, Disability funding or cancel the Bedroom Tax or cancelling the £12bn Welfare Cuts or Austerity.

NO INCREASE WHERE THE BUDGET SHOULD HAVE!!! It would have given people a right to live and they could spend which would have increased manufacturing = economic.

Announcing at the same time there will be no Budget in Spring.

UPDATED
£12billion Welfare Cuts off the back of the poor and vulnerable but money for bombing Syria. Each mission costs £500million.

SUGGESTING TO SAVE MONEY
Start with the Parliament which is bloated beyond belief. There are 650 MPs and 820 in the House of Lords. According to the statistics only China has a bigger number in their government.

China has a population of 1.360 trillion
UK has a population of 64 million

The reason for the rise of Members of Parliament (MPs) is that the Tory Government keeps splitting the Tory’s constituency to get another candidate into Parliament and with that another vote aiming for a guaranteed majority

Each MP costs at least £70,000 a year plus high expenses = £45,500,000 salaries alone plus expenses from 650 MPs

78 per cent of the MPs are millionaires

It costs the taxpayers £4million a year just for drinks

The Ladies and Lords receive £300 per day if they attend the House of Lords plus expenses. They do not have to do anything or contribute on discussions.

A small number of Lords do not attend the House of Lords at all.

Let us say out of the 820 Ladies and Lords about 750 do attend and £300 per day. = £225,000 plus expenses.  The Parliament only sits 150 days a year, thank goodness, and the total minimum sum is £33,750,000 per year plus expenses.

These are only the salaries and expenses are unknown. The catering was stated with £4million; then the upkeep of wardrobes and building which is not known.

The House of Lords are so arrogant that they refused to share the catering with the House of Common to save.  Chancellor George Osborne forces all the cuts onto the general public yet he does not force them to use the same catering. There could be at least a million of two pounds to be saved.

In view of the above mentioned figures of population and government it should be cut in half and the House of Lords down to 300. Now this would bring hundreds of million pound into the Treasury and it would not even hit the poor. The MPs are all millionaires or even billionaires and each of them have a great number of other jobs. No starvation there and the debts would come down.

For all these high expenses paid by the taxpayers all we get is cut the Welfare, cut the pensioners, cut the councils’ service. Now the Chancellor is jubilant to have an agreement of 30 percent cuts of transport, council service and environment (Parks etc). Again all impacts on the public.

It is time for Mr Cameron to honour his pledge and bring the Tax dodgers to pay their proper amount. They rather pay a group of accountants to find all the loopholes instead to pay taxes.

It would also be more beneficial than cutting the Welfare if Mr Osborne increases the corporation taxes.

More savings could be made at the Department of Defence with cancelling the updating of the Trident = £167billion.

The nuclear Trident can never be used and therefore it is the biggest waste of money

Another ‘White Elephant’ is the luxurious HS2 train, which so far, cost £70billion and keeps rising rapidly. The ticket would be so expensive therefore only rich people can used it and then they write it off on taxes which would be taxpayers footing the bill.

There is also another chance to bring spending down if the Government would cut Foreign Aid. Most of the countries are goes to it ends up in the pocket of the government. The poor for whom it is intended never see it. This goes on since the 1950s and if it would have reached the poor they would live, by now in luxury.

EU’s membership cost £19billion a year then there is the fund for bail-out, even the fund for countries which are too poor to pay the entry fee and all to be added on top of it. All the UK gets out of it is restriction in fishing rights, red tape for business and interference in the UK Law.

For goodness sake get some sense.





Sunday, 21 June 2015

OSBORNE DEMANDS LABOUR SUPPORT £12BILLION WELFARE CUTS LOL

Demonstrators march past the Bank of England during an anti-austerity protest in central London
ANTI-AUSTERITY MARSH 

It is already amazing that the Tories asked Labour to back them in getting the bill through Parliament for the £12billion Welfare Cuts; after all their smears and lies they spread about Labour.  


In my opinion it shows the Tories as shameless and callous after all they done to Labour during the last General Election.

Andy Burnham, the shadow health minister, and a favourite in the new leadership election of Labour, refused. He pointed out further that if the Chancellor George Osborne will reduce disability benefit and tax credit he will fight it all the way. He will refuse to agree to cuts which will hurt many vulnerable people.

“If this Chancellor thinks it is acceptable to take benefit off disabled people who can’t replace the income, or if he is coming after the tax or other people on low income in work, then he is going to have fight on his hand,” Burnham told Murnaghan of Sky News.

“It is questionable whether he has a mandate for cuts on that scale because he didn’t spell out before the election where the cuts were going to fall. That was wrong.”

Image result for osborne welfare cuts cartoons
                                                           
Previously, Osborne and Cameron only commented on an overall £12 billion Welfare cuts and the details they gave were “reduced benefit cap, freeze most working age benefit for two years and take away housing benefit for under 25s.”

This statement would not cover £12billion Welfare Cuts and therefore there must be a lot more which they hide because they know it would cause an uproar.

Cameron also promised not to touch benefits for the elderly and child benefit but since so many of his promises were broken the real plan of the Tories’£12billion Welfare Cuts has to be seen next months when the full details supposed to be spelled out.

Despite the great attendance of the anti-austerity protest march on Saturday all over the UK cities; Osborne and Ian Duncan Smith, Work and Pension, published an article in the Sunday Times that they will go ahead with £12billion Welfare Cuts as planned. They also urged Labour to work with them alongside.

They said: “Even after the comprehensive rejection of their position by the British people in the last month’s general election, Labour seems determined to go on as before. But even now, appeal to their leadership candidates to engage constructively with us and support the further saving we must make to make welfare fairer and more affordable while protecting pensioners and vulnerable.”

Wonderful words and so concerning as the Tories always find them to trumpet them out to impress the public. But tell that to the over 1,000 suicides and their families because they lost their disability benefit or homes because of the Bedroom Tax or because ATOS forced them to find a job, despite being disabled or have a fatal illnesses, when there is already high unemployment.

Instead to cancel these extra investigation by Atos, contract £1million, when their lost the contract and ended up with a backlog of 700,000 cases where disability benefit was cut and people receive no money, the government should have cancel it. Now they employ an American firm MAXIMUS which had been in court already in the US for fraud and ill-treatment of disabled people.

Instead of cutting £12billion further in Welfare the government should look into their own back yard.

Reduce the House of Lords form 840 each can charge a £300 when attending and expenditure if they sitting late.  They also refuse to join with the catering of the House of Commons which might not be so extravagant but does not serve beans of toast with cups tea only.

MoD wasted £6million on earplugs which are useless.  £50million of faulty or useless equipment or bought in errors

Whitehall wasted £5billion in a year for errors, unused equipment and compensation.
William Hague uses £2,000 a day taxpayers’ money to have a luxurious apartment in London.

Tory MP Eric Pickles spend approximately £50,000 on trip to China, private plane, exclusive Hotels; despite PM forbidden to travel by First Class.

Osborne, himself the great saver, spent £43,000 on Lawyers to stop to cap bank bonuses, while people are starving. The cap of bonuses is 100 per cent of their salaries but at the moment can be over 200 per cent.

MPs employ relatives and add further to their already high salaries and expenditures. It amounts to a bill increased by 50 per cent in the last four years and it is now £3.8million. In 2010 it was £2.4million when Labour was in power.

DWP cuts benefits but pays a £44million bonuses. A new computer system which supposed to do the reform automatically costing £500million but has never worked.

£19 trillion was siphoned off from the Treasury and sent to a Tax haven, according to newspapers.  The total is now £39trillion which is known.

Luxurious travels made by MPs in the last four years cost £50million.

Ministry of Justice cost £29million in the last five years on taxis, First Class train and flights

Westminster Officials spent £518,635 of tax payers' money on procurement cards and has increase by £80,000 from the year before. Altogether it is £1.8million during the last five years.

This bound to be only a part of the wasted taxpayers’ money and Chancellor George Osborne could save billions if he would bother to look into it. The Prime Minister alone claims £20,000 per month for mortgage even though he has a fortune of underestimated £30million.

Last year the MPs had a 10 per cent salary increase and will have this year too despite austerity.

Austerity is nothing but a con and only applies to the general public but the Chancellor should cut the above mentioned waste of taxpayers' money.

Saturday, 17 January 2015

GOLDMAN SACHS WILL PAY £8BILLION BONUS

In my opinion: They are not the only ones who receive such enormous bonuses. It is scandalous because especially at a time of great starvation these people pocket not only the highest salaries ever but also hundred of thousands of pounds if not millions of pounds bonuses. Yet mastermind PM David Cameron does nothing about it but planning further cuts for councils and public.


GOLDMAN SACHS BUILDING 
IN FLEET STREET,  
LONDON,  ENGLAND
This is a scandalous report beyond any comparison.  Their New York Head Quarter confirmed that the company was able to keep aside a £8,35billion which is 37 per cent of  £22.8billion turnover. Golman Sachs is the richest Tory MP in the UK.

This success is also from the Royal Mail sale. Goldman Sachs’ advisers convinced ministers to sell the Royal Mail in 2013 at such a low rate that the taxpayers lost £1billion. The shares, of course, jumped up after the sale their clients through another branch of Goldman Sachs and made £12million by buying and selling shares.  How much did the Prime Minister David Cameron and his friends gain?  He ought to be ashamed to have sold a peace of his country.

Furthermore, the Chancellor George Osborne spent £53,000 on a court case at the EU Court of Justice to fight a cap on the bankers’ bonus. He lost it but it showed his attitude.

Records reveal that in 2013 the top executives of banks received a payout of £3million.  It is the same financiers who brought down the crash in 2009 and their banks had to be bail-out with taxpayers’ money but this is apparently all forgotten but the taxpayers are still carries the burden.  By right any profit should have been paid back to the taxpayers.

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According to the statistics the average worker has its income lowered by £2,500 since 2010. During the same time the City bankers’ salaries increased beyond any recognition plus sky high bonuses.  The government used the crash and bail-out as an excuse to cut public service and cap the workers’ wages.  George Osborne announced that the pain had been worth it. What does he know about it? Yes, not for the Elite while the average family have to rely on food banks and can not heat their homes properly.  George Osborne has even the audacity to announce further and bigger cuts if they win the election.  God forbid.  They screwed the public deep enough into the ground while they filled the pockets beyond belief.

Within two years the Tory-led Government and the LibDem which did not exactly vote against many proposals from the Tories; they created 4000 multi-millionaires and multi-billionaires and £19trillion was syphoned off to tax haven.  PM David Cameron held big speeches, from time to time, about getting the tax avoiders but so far nothing. Cameron, of course, will not do anything about it because Goldman Sachs is one of his biggest donors.  Yet, at the same time nurses having to fight for a miserly one per cent pay rise which was agreed but Cameron will not agree to it.

David Cameron also announced and warned that there is another Global crash on the way which, most probably, been orchestrated again by the same bankers and financiers. The last time Cameron used to blame the Labour Party which of course was not their fault but global wide and he must have known that it was his top financier friends who purposely caused it. Now, since he is already aware of it why does he not do anything about it to safeguard Britain?  Surely he can and could stop the tidal wave to swamp over Britain. Now let’s see how he stands on the shores and commands the waves to turn back.

Even the cap of 100 per cent bonus of his salary is not justifiable.  How can a man’s work be worth a £2 or £3million salary from a start and then on top of it another £2 or £3million bonus? Surely no man’s work is worth that much.  Therefore the bonus schemes should be stopped.  A salary of £2 or $3million is more than well paid. Surprising the EU Court of Justice did not stop it altogether. 



Monday, 6 January 2014

CALLOUS CHANCELLOR PLANS TO CUT PENSIONERS BENEFITS


UK's Pensions are on the 24th place of a list of 35 countries and by now even further down after all those cuts. 

The Pension was again cut with Pension Credit being included with pension payment but the actual State Pension was reduced by at least £20pw - in other words, the Pension Credit introduced by Labour in cases of proven hardship, vanished. 

Old Thatcher must jumping for joy how well her gang is doing.

George Osborne in his last Budget put a cut of £16bln of Welfare and £12bln of Council fund on already starving and struggling people but the real damage was done when newly 'elected' May implemented it the following April. She didn't have to do it.

George Osborne cut pension, paid by the people, in a country being the fifth richest in the world.

REFERRED TO IT IN HIS BUDGET AS PENSION REFORM. 

Head of the Department of Work and Pensions tried to "reform" already the benefits for two years and made a mess of it. It costs the taxpayer £800million and the cut-back cost many families their home and disabled people their benefits.  Over 1,000 disabled people died or committed suicide because of it. Yet he and his staff received a £44million bonus. Now he "reforms" the pensions. 

  
Ian Duncan Smith, it was reported, was up for fraud in 2008 because he claimed tax and expenses for his wife supposed to be working for a company. The company did not exists and he would have been in court but the expenses scandal broke and he somehow was "forgotten". Now he is the head of the Department of Work and Pensions throwing his weight about, ruthless.


UPDATE:  13 March 2015 -- A Chancellor who had been swimming in money since he was born and is now a multi-millionaire; but thinking of cutting the little few benefits pensioners enjoy such as winter fuel allowances, free bus passes and TV licences.

A Chancellor who tried to dodge to pay the full railway fares in spite of being able to write it off on expenses. According to the report it was not the first time he tried. Or is he so callous and dodge to pay the full fare and still write it off on expenses. It would not be a surprise.


A Chancellor who sends a taxi miles away to have his beefburgers bought at a special place and it would not be a surprise if that all goes down on expenses in other words being paid by the taxpayers.



Callous, ruthless is not even enough to describe this Coalition’s plans to cut pensioners' winter fuel allowances and Free Bus passes.  It is not surprising after they cut benefits of disabled people.  This government is beyond any humanity. Not only did they do nothing when their friends increased the energy prices by 10 per cent last winter and 31,000people died of hypothermia. They never objected or stopped another price rise of 10 per cent before this winter.  The great Prime Minister only comment to put on another sweater which was an insult to the intelligence of the public as if they are not able to think of it themselves. Besides, if your room is not heated properly no matter how many clothing you put on eventually the cold seeps through but, of course, Mr Cameron would have no idea about that.  First of all he does not pay for his gas and electricity and neither do his ministers therefore he has no need to turn the heaters down.

It is also a great insult to the pensioners because they gave their all in every way during the last war and now when they should be treated respectfully by the state; the country deserts them.  Well, done Messrs Cameron and Osborne, you can be proud of yourselves. Again they would not know what it feels like to live on the poverty line.  Mr Cameron is not only a multi-millionaire but will get a £500,000 pension as an ex-Prime Minister which again should be cut as austerity measures.  There is Tony Blair, John Major, and William Hague all having highly paid jobs and receive each £500,000 pension because they were PMs. It was said Mr Gordon Brown does not accept his £500,000 pension.

Already £1.500.000 saved.

How can Mr Osborne be so cold blooded and go, especially, to the Midlands where there is such poverty that by now even the food banks having to cut down their food parcels because there are too many needing food; telling them there will be more austerity. It is beyond any belief that a human is capable of such a heartless behaviour.

Since George Osborne and David Cameron are so eager to reduce the deficit why did they agree to 100 new Lords, mostly Tories and LibDem,  which cost £44million extra a year?  It was nothing but promoting their chums to be Lords, never mind austerity there.  The country has now almost 800 Lords and the chamber had to be reconstructed to house them all. Cost over £1million.  Surely 300 would be able to decide whether to pass a new ruling or law.  Now there would be a very drastic saving but you never hear a word about it from Osborne and Cameron. Teh food and drinks bill alone adds up to £7Million.

The same situation is with David Cameron to have 97 spin doctors who cost the taxpayers £4million. Labour had 68 but we do not hear anysthing about that, do we, Mr Cameron, and they cost £1.6million. Now, there is another saving and far bigger then from the old pensioners bus pass.  Realistically to cut the free bus pass is no saving at all because they only can use it in between rush hours, which means, filling empty seats.  Please use you calculators properly, Mr Osborne.

It will give extra fares when the pensioners have really to go somewhere but with their financially pressure they will use buses very, very sparingly and mostly stuck at home or walk. Has this government not done enough already to its people?

The EU statistic showed that UK has 2,714 bankers’ fat cats and Germany 212. These are only bankers and there are surely just as many in the industry and commerce. Most of them have an off-shore account avoiding paying tax. Mr Cameron forever talks about getting tough of tax avoiders. There would be a bonanza if David Cameron closes these tax havens in his own British Islands  How about Mr Osborne to go next doors and collect all the taxes which Mr Cameron gets back from the tax havens?

Yes, that is the result of this government and in spite of pressuring ordinary people into poverty which had not been seen since the war Chancellor George Osborne still carries on with austerity but not for them.

The other side of the coin is that after four years in power and preaching austerity cutting down on any benefit there was; the government has still a great deficit and borrows money it can not afford to pay the interest on. Apart from driving people into the ground with austerity which did nothing to reduce the deficit and as for the economy improving, it is nothing but a lie.

At the time of austerity, according to George Osborne, the MPs receive a 11 per cent pay rise.  This would bring their salaries from £65,000 to £74,000 per year plus expenses which are highly abused. Is this salary increase not outrages when the average worker's wages are frozen or even reduced or even unemployed? Would it not be right to apply austerity there which again would bring in more than the winter fuel allowances or free bus pass?  There are 650 MPs and a 11 per cent would add up to a great sum of money..

It is the sixth richest country and the people are starving and freezing to death this winter.

40,000 died of hypothermia in winter of 2014/15. The highest number for 15 years

Friday, 23 August 2013

UK'S CHANCELLOR GEORGE OSBORNE ON THE RACK AGAIN


Hopefully they are turning the wheels well. The Chancellor, as some newspaper mentioned, should have a kick up the arrears.  This ‘financial wizard’ had to borrow £62million in Jul, 2013 when the City financiers expected a surplus of £2.5billion but they did not reckon with George Osborne’s great magic wand. So, where did the difference go?
  
July is known as a great months for the Treasury because the corporation and income tax are coming in more than any other month.

We might be the plebs in the Elite’s eyes but they make one mistake to think the public is stupid. Today with the newspapers and Internet we are more informed than ever before.  Therefore, the question has be to answer what is going on?

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British manufacturing is at a high for two years according to the CBI and therefore the economy should see tax income rise and welfare cost fall but Mr Osborne by a sheer miracle saw himself forced to borrow £62million to balance the books.

The CBI reported further that 37 per cent of the firms in this sector having reported a rise of output in contrast to 21 per cent saying it had fallen. There is a gap of 16 per cent and it is the biggest since August 2011.

Since the City expected a £2.5billion and they surely know what they are talking about what is really going on behind the closed doors? Creaming off is one thing but bucketing when people have to starve and in the coming winter have to freeze because this great Government will not curb the energy suppliers is below any irresponsibility. It is unscrupulous.

Last month the Office for National Statistics announced an increase of Britain’s national overdraft to £1.2trillion and the Government has borrowed £36.8billion in the last three months in comparison to the same period in 2012 of £35.1billion. Yet, David Cameron and George Osborne have the callous manners of pointing the finger continuously at Labour.  Do they really think the public is so stupid and buys it? It is pathetic and goes down to the level of four-year old kids in which age kids always make fun of others and point fingers. It really is going all too far.

Even the Treasury has the nerve to announce that the economy is moving from rescue to recovery. We heard that since they came into power. Yet, Labour Gordon Brown who experienced the worst crash called the credit crunch which was a lie from America but he manage to have a 2.5 per cent GDP when he handed it over to this, always sneering at him when in the opposition, David Cameron.  The 2.5 GDP vanished within three months.

So, how much longer is the Conservative Party allowed to run Britain the country and its people into the ground until somebody powerful enough stops them?  I like the title Conservative; it should be Demolishing Party because that is what they have been doing for three year and will carry on doing. How they ever came into power, even with a minority, leaves me and most of the public wonder after the damage Margaret Thatcher done to this country which was more than enough for any memory? They call themselves English and even go that far to say they are proud of it yet they constantly destroy this country? It should never be allowed.


Saturday, 29 September 2012

JACK STRAW CRITICISES GORDON BROWN



From a start Jack Straw has no right or reason to criticise Gordon Brown. When he was Justice Secretary and the mother of the murdered teenager Stephen Lawrence managed to bring the murder case into the court once more. Jack Straw named the high profile witnesses which the police tried so hard to keep secret. Stephen was killed by four youth who had 'connection' and therefore the verdict was not guilty. Therefore, witnesses were scared to stand up. They were given police protection and they gave true statements. Jack Straw named them openly.

Gordon Brown might not have the personality but he was a great Chancellor and in his last budget he increased a lot of the benefits to help people just after the credit crunch. The UK would be in a much better shape if the Labour Party had won but miraculously the queue at the voting station in the Midland and North were building up and were up to 200 people long by 10 pm. Usually it was almost empty by 9.30 pm. Then they closed it with these entire people still there not being able to vote. These areas were always Labour’s stronghold.

However, take one example from Gordon Brown’s budget which was the winter fuel supplement. Till that was introduced old people were dying by the dozen. The last winter fuel supplement was paid £250 and Gordon Brown promised to increase in the following winter to £300. The Conservative came in and it was reduced straight away to £200 and now they talking about to stop it altogether and they will. 

He also wanted to increase the pay of the police, military, nurses and not one word about breaking the NHS

Therefore, Jack Straw shouldn’t criticise Gordon Brown. He might not have the charm of Tony Blair, but this is another story altogether, but he understood hardship and knew money was there to be able to help.

He had 1.5 million unemployment at the height of the credit crunch and the UK had improved its budget to 1 per cent which vanished within a couple of  months when the Conservatives came in. Ever since there is nothing but recessions.


Friday, 27 July 2012

DEMANDS CHANCELLOR OSBORNE STEP-DOWN -- UPDATE 26 May 2014




UPDATE: 26 May 2014 -- Looking back to this report from July 2012 the Chancellor has not improved and David Cameron, as always, stood by him. The great shout about the improved economy by 1.3 per cent is nothing in compare to Germany's three per cent and USA seven per cent. They took over from Labour with 2.3 per cent which vanished within three months.


The former Tory chief whip Lord Ryder gave a full criticism on David Cameron and Mr Osborne. He is accused of being obsessed with spin. He further ridiculed them stating that the Chancellor and Mr Cameron were watching 24-hour news. Lord Ryder thinks they are news editors and news managers but no strategists.  He recommended further that Mr Osborne should stop being a Tory election strategist.  He added: “The Treasury deserves a Chancellor to be there in a full-time basis.”

Mr Osborne is increasingly in demand to quit after the last figures this week showed another shrinking of 0.7 per cent of the economy between April and June. This marked as the deepest double-dip recession for 50 years.

After all these demands for Mr Osborne resignation various minister hinted they would be willing to step into his shoes. Vince Cable passed remarks that he would be willing to replace him. However, Mr Cable pointed out at the same time that they have a collective agreed policy and he will not make radically changes. He would plan to build on what George Osborne has already achieved.

Excuse me here for a minute. George Osborne achieved a double-dip recession and if Mr Cable plans to build on it there would be no use to change the Chancellor. Mr Cable's remark is absolutely incredible.

Former Chancellor Lord Lamont advised strongly for Mr Osborne to give up his strategy role. This again is incredible and unbelievable. Mr Osborne made a mess of the budget which is always the flagship to follow and should stand. Since his budget in March he did so many U-turn the public lost count. Yet, Mr Osborne has a strategy role in Downing Street. His budget was a mess of which he had months to prepare it; his economy is a mess and yet he has a strategy role.

Tory MP Nadine Dorries demanded replace Mr Osborne with Mr William Hague.  Another candidate was Defence Secretary Philip Hammond.

With all due respect but looking at all their records of achievement in their present job there surely won’t be an improvement.

A statement from the Chancellor said that he was focussing “110 per cent” on the economy but he had to take time out to meet the US Republican presidential contender Mitt Romney. Now we see how heavily Mr Osborne is committed and he had to tare himself away to meet Mr Romney. Was this at the Fund Raising Dinner or lunch for $17,000 to $25,000 per seat? If so will there be another parliamentary expense for the tax payers to pay?

Why Mitt Romney? They didn’t meet Mr Hollande when he was campaigning. I hope the people of the USA think before they put their vote.

The next news is naughty but a good laugh. According to an online poll for a national newspaper showed that the cat Larry at Downing Street beaten Mr Osborne by popularity votes. Larry had 24 per cent and Mr Osborne had 13 per cent. Maybe we should replace Mr Osborne with Larry.

Apparently the US has its vehicle in forward gear while the UK and Europe has it in reverse.

It is purely a result of decision makers making the right plans. Central Banks reduced their interest rates almost to zero in a very short time. While the Bank of England only cut the interest rate down to 0.25 per cent in the last few months.

President Obama’s administrators did not listen to calls to increase taxes and cut government spending. Instead they carried on with major infrastructure projects which brought billions of dollars to the economy.
Yes, they are closed to Asia which helped with exports but the UK having the European market but it is only half the export of which the other half should make a different.

The successful up-turn of the USA shows investors as safe haven and it can borrow at a rock-bottom price because of it.

Seeing all this evidence Mr Osborne still refuses to follow their footstep. He won’t use the golden opportunity to borrow cheaply to boost spending.

An expert Paul Dales, of Capital Economics said: “It is a good time for the UK government to borrow.
“And it could do this subtly by locking in long-term funding at these low, low rates.”





Tuesday, 17 July 2012

NHS TRUST BROKE -- Update: 14 June, 2015


UPDATE: 14 June, 2015 --  
At the General Election campaign David Cameron promised to put in £8billions. 

The newly elected Prime Minister and his Tory Party have not shown any sign or effort to keep his promise even so the NHS is on the verge of collapse. 

Only the very dedicated nurses and doctors keep it going. They admit that they work extra unpaid hours. Would the Prime Minister or his MPs do this? No they claim extra expenses and big sums. 

Since the investment of £8billion is of great urgency it would be expected to be his priority. Instead, the first thing was to put an anti-strike law, fracking and without the people consent, snooping laws through as fast as posible and itching to sign the TTIP which includes the NHS and would bring £800trillion alone never mind if the people can not afford private insurance.

That is the real face of the David Cameron and his Tories who conned the people into voting for him spreading smears and lies about the Labour Party which would have brought back the NHS to its former glory.


The conditions of the cash strapped NHS is getting very suspicious. There is always billions available when a bank is in trouble. Billions available for the Afghanistan, Iraq and Libya’s wars. Billions available for the IMF to bail out Greece, Ireland, Italy, Spain and Portugal. There are never any squabbles about not any money available, recession and austerity but comes to the NHS the doors close instantly.

There is now a new report about the critical conditions of the cash-strapped health service and had to be put into administration.

Health Secretary Andrew Lansley stated that South London Healthcare NHS Trust was losing a £1million a week and was taken into the Department of Health. This Trust includes Queen Mary’s Hospital in Sidcup, Kent, the Queen Elizabeth Hospital in Woolwich and Princess Royal University Hospital in Bromley.

There are some points to be disputed. One is the promise at the general election that the NHS is safe with us, meaning Conservative Party. Second, there was a report out the other day that over a £1Billion should be paid into the NHS and it is withheld.  Third, to sack doctors and nurses and then hiring Agency staff is financial suicide. Agencies charge twice as much. Surely Mr Lansley is aware of that if not he should be. Another point and this is the main point what happen to the huge sums of money paid to the National Insurance? People paid National Insurance all their lives and they deserve a National Health Service.

A suspicious mind thinks that this is all done on purpose. In order to break the NHS back and to move it along to be privatise. It is so obvious that the government is bent over backward to see it through.
Last year Chancellor George Osborne allowed £70billion to be poured into the banks under the ‘Merlin’ scheme. It didn’t work because the banks were reluctant to lend money and the consumers and companies to take on more debts. Nobody knows where that money went. No account given. Mostly properly it was used to pay these incredible salaries and bonuses.

Now again the Bank of England issued another £80billion to encourage consumers and companies to take a loan and to improve the economy. It is a good idea but if the order books are half empty hardly any company would saddle themselves with further debts. As for the consumers they hardly can pay their present way. So most properly it goes the same way.

These are huge sums all spend wrongly. The Prime Minister David Cameron will not intervene in spite of having one scandal after another. The public is pressuring to make Mr Cameron to stop these bonuses, sky-high wages, wasting money on wars which have nothing to do with Britain and bail-outs for countries in the EU.  Yet, no matter how much the demand is the Prime Minister sits back and does nothing.
All these sums should be spend on Britain and the NHS.

Apparently there are 22 more hospital earmarked for putting into administration. The administrator being sent from Mr Lansley could and would find out all the ins and outs of the hospital which makes it easier to be privatised. After all the Government is determined to privatise the NHS and of course Mr Lansley will do his best.

If privatised if will be like in America that the insurance are sky-high and many people can’t afford it. Mentioning Insurance something just crossed my mind that it would increase the insurance income tremendously and with the Fat Cats having share in every thing and every way they would be getting another load. Is that the root of the government determination to privatise?

Wednesday, 11 July 2012

UK CHANCELLOR GEORGE OSBORNE -- UPDATED 23 May, 2014


UPDATE: After reading this report from 2012 it is interesting in respect that you can see nothing has changed ever since. 

Even after calls in 2012 for his resignation, which David Cameron did not accept, Chancellor George Osborne has not issued one good budget ever since. 

The country gone to ;pieces with his austerity but still will not change his policy. Even the IMF, Germany and France advised him to stop. Now, he and David Cameron dancing about that they achieved a 0,3 per cent improvement in the economy. 

While they are hopping about but ignore Germany three per cent and the USA seven per cent from countries which did not apply austerity. It proves it all while Mr Osborne still carries on with austerity and in spite of it all borrows billions of pounds more. 

Let’s go back to March, 2012 when Chancellor George Osborne announced his budget. A budget which surely had been prepared for weeks and read by quite a number of the top politicians. 

Eventually when it was read out there was quite an uproar in the House of Commons. Amongst the points which were implemented was the so called Granny tax. An addition which pensioners have to pay if they work on after their retiring age plus National Insurance. 

A number of other cuts of previously installed benefits by the Labour Party to help families with children. Additions such as 3p of fuel tax on petrol already sky high and so on.

Since budget was read there were so many u-turns it must be dizzy by now. This does not give a good picture of a financial expert or his colleges who work with him on it. It never happened before that so many points were cancelled after a budget.  In other words Mr Osborne made a mess.

If any ordinary person in a company would produce such an almost useless document he or she would be sacked. But Mr Osborne still carries on as the great Chancellor. Furthermore, the government had a double-dip recession in the first six months in spite the idea of austerity. Anybody with half the knowledge of politics and economics knows a cut-back slows down the economy. The Conservatives inherited not a great economy because of the credit crunch but not as dismal as they make it out. They could have built on it and improved the economy.

Now we come to the Barclays bank scandal where the libor (Interest rates charged on loans from one bank to another) was rigged by top executives.

At the Questioning Time in the House of Commons Mr Osborne tried to shift the blame onto Labour. This immediately backfired because Shadow Chancellor Ed Balls denied any involvement in rigging the Libor.

This statement was furthermore backed by the Bank of England’s deputy governor Paul Tuckers.  He claimed several time that Ed Ball or any of the Gordon Brown’s government were never involved. He emphasized that in 2008 he spoke several times with bank bosses because of the credit crunch.  However, he pointed out that neither the government (Labour) nor the Bank of England ever put pressure on Barclays or any other bank to rig the rates.

Surely Mr Osborne or his adviser should have thought such statement, if not true, has a very short life.  Looking at the almost useless budget and now the embarrassing statement being denied by all parties concerned it makes you wonder if Mr Osborne trying to commit political suicide? In view of this entire incompetent not one word is uttered of resigning or being asked by the Prime Minister to resign.

Mr Tucker stated further he was appalled by the revelations including Barclays fixing the Libor rate. He called it a cesspit and went further that it could be just the tip of the iceberg with corruption rampant across the City.

The Labour Party is now demanding a complete change in the City and Banks. 

Sunday, 17 June 2012

UK GREAT CHANCELLOR MR OSBORNE REQUEST £140BILLION -- Update 26 Feb., 2015




UPDATE: 26 February, 2015 -- Looking back we can only ask again where did all that money go? People are now starving and rely on 1,000 food banks. loosing their homes every 11 minutes;the refuge centres are being closed down because the councils'budget had been cut so drastically and people living on the street or even caves.


SO WHERE DID THAT MONEY GO?



UPDATE: 25 JANUARY 2013  ---  Where did all that money go? It certainly did not show any improvement in the country or the economy or reduction in the deficit. On the contrary!!!!!


This is a revelation a real revelation. He told the Bank of England to release £140billion.  This is pouring oil into the fire.

Last year he requested £70bilion and there was nothing to heard of afterwards. Now where did that money go? It supposed to be there to either boost small businesses or help starting them up. Just before the end of the year there were rumours that so many small businesses were not given a loan. However, we read every week of massive bonuses being handed out on top huge salaries even when the bank was making losses.

No matter how much the tax payers demanded to stop these bonuses it was never made. The glorious four on the top just kept avoiding the issue. Especially Mr Osborne has made a name for himself for vanishing when it got too close. He now received a nickname “Submarine” because of his constant diving.

Today we read in the papers that he gave the go-ahead of releasing £140billion and all for the same purpose. Now what made him think £140billion will do to the sinking economy what £70billion didn’t do last year?  Furthermore, £140billlion will go the same way as the £70billion went.  So there go the Fat Cats going to get the cream again.

There is still the picture of David Cameron in the opposition when Mr Brown announced he has to borrow at the time of the Credit Crunch and it wasn’t half as much as this Coalition keeps on borrowing. Mr Cameron first of all kept accusing Mr Brown of his failure which wasn’t his doing because the Credit Crunch spread from American across the World. Then he shouted and laughed into the man’s face that he has to borrow. Yes, now the show is on the other foot and a much bigger one, he keeps quiet. To me these are no principles even for a politician who are known for twisting and turning around.

Experts like Graeme Leach who is chief economist at the Institute of Directors, said: “Facing a bombardment from the Eurozone, the Chancellor and Governor are calling up the euro crises  are not eager to borrow.”
The Export has shown a slum in April and so had the construction industry.  Therefore, there is no way anybody increase a loan in those two markets which usual give an indication of economical growth.
Furthermore, due to the great austerity wages have slammed by 7 percent which again has an impact on the economy. It is the biggest drop in wages since the sixties.

Regarding the mortgage section it will also show a drop of demand because many people lost their home by repossessions and due to the low wages will not request a loan.

NOW WE ARE COMING BACK TO THE BIG QUESTION AGAIN.  WHERE WILL THAT MONEY GO?

The Chancellor is lumbering the country constantly with more and more debt which the tax payer will have to bath out for decades. Yet, it is so obvious even to the man in the street that it will not be used for loans to increase production which means increase of job, encourage small businesses, construction industry because there is no demand for houses or starting up new businesses.

After the last £70billion being “poured into the economy” the UK experienced a double-tip recession in the first six months of this year. Since David Cameron was shouting about ‘Transparency’ in his election manifesto can we have some transparency on the £70billion?