Read Write

Making the world smile, one muscle at a time

Going nuclear

by Marrick on October 22, 2013

So, we’re handing billions to France and China to build something we used to build ourselves, then guaranteeing them a huge profit on the deal for 35 years. We will pick up the tab. Three thoughts on this: hasn’t privatisation worked well eh? (answer = no). What has happened to the Tory’s free market principles? […]

Is the 25% cut in the deficit real?

by Marrick on October 24, 2012

One of the things that has been much trumpeted recently is the government##Q##s “success” in cutting net borrowing (the deficit) by 25%. I thought I##Q##d look into it. Here are the net borrowing figures for the last few years – just before the financial crisis and just after: 2007-08 £40.3bn 2008-09 £104.2bn 2009-10 £167.4bn 2010-11 […]