So Gordon Brown was warned 10 years ago of the effect of his actions on pensions. It seems that Treasury papers, which until now have been kept confidential, have shown he was warned that scrapping dividend tax in July 1997 could wipe £75bn from pension fund values but he went ahead and did it anyway. What an unbelievable, inhuman disregard for the misery that would face millions of Britains.
Oh, but here comes Ed Balls to the rescue, assuring us all that Mr Brown had 'scrapped the credits on the "best advice" of civil servants. ' Oh, so that's all right then. Good old Gordon - not his fault after all.
Just when you think our 'leaders' can sink no lower, they prove us wrong. And this is the man, whom Beckett says is 'head and shoulders above any other candidate' for prime minister and leader of the labour party. Says it all really.
Life in north east England (yes, we've moved!) with an eccentric Welshman and a small white dog that thinks he's a Rottweiler.
Showing posts with label pensions. Show all posts
Showing posts with label pensions. Show all posts
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Plaster board and dust
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