Ginger rodent and Paxo stuffing

Last evening’s Newsnight had Danny Alexander, as Financial Secretary (surely one of the most remarkable elevations since Caligula would have advanced Incitatus to consular rank), being given the treatment by Jeremy Paxman.

The highlight was the revelation that the ConDem coalition goes into the next General Election committed to a further £30 billion in cuts for the subsequent parliament. Fair enough, except the Treasury hasn’t a clue where almost £29 billion of that whoops-oh-nasty is coming from.

This used to be known as a “black hole”. It is, in passing, about one-and-a-half per cent of the UK’s GDP.

Catch the occasion on iPlayer.

Leave a comment

Filed under BBC, economy, History, Lib Dems, politics

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.