Treasury Writes Off £13Bn To Fraud And Error

Treasury BBC

Treasury BBC

MPs are demanding action after £13.2bn was written off the government balance sheet in 2011-12 due to fraud, financial error and legal claims.  The Public Accounts Committee describes the figure, in a list of public assets and liabilities published by the government, as staggering. 

The Whole of Government Accounts predicted nuclear decommissioning costs alone could rise to £64.3bn.  Ministers said losses from fraud were “too high” despite a recent clampdown.

salary 11 percent inc

Smug: Osborne knows he doesn’t deserve his huge salaryhttp://www.bbc.co.uk/news/uk-politics-25337942

http://www.bbc.co.uk/news/uk-politics-25337942

While Osborne of course presides over an 11 percent payrise for MPs.

http://mikesivier.wordpress.com/2013/12/12/vital-benefits-to-be-cut-while-mps-salaries-soar/

Lot of negative today NLAT?  Huff Puff Huff Puff.  Well what IS it this time? 

UK Deficit At £185 Billion, Not £90 Billion As George Osborne Says,  Oh I see …..

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