A letter a day to number 10. No 1,446 Friday 27 May 2016. Dear Mr Cameron, Despite a modest rise in tax receipts the future is still far from rosy under George Osborne’s long term economic plan which is long on long and short on results, having borrowed more than all Labour governments put together […]
Tag: tax receipts
Why are we servicing a bank bailout ‘debt’ and paying interest on their debt?
A letter a day to number 10. No 1,148 Wednesday 15 July 2015. Dear Mr Cameron, If we, the great British taxpaying public, bailed out the banks, how come it’s us who are in debt and to whom? We are now paying £1 billion a week in interest on ‘the national debt’, which stands at […]