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Previously on "Oh dear (tm): Britain at risk of worse deficit crisis than Greece"
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Hang on a sec - isn't this just the yearly figure that is worse than Greece? Their overall deficit is much worse than ours IIRC???
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New Labour Friends of India.Originally posted by TimberWolf View PostI and many others saw this coming back in 2001 when the government went all out trying to destroy technology jobs in the UK by greasing the outsourcing and insourcing wheels, as well as making life as difficult as possible for IT contractors.
http://www.youtube.com/watch?v=N7K4Q-QM0UA
Ensuring the business barriers of sending work to India is as low as possible.
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I and many others saw this coming back in 2001 when the government went all out trying to destroy technology jobs in the UK by greasing the outsourcing and insourcing wheels, as well as making life as difficult as possible for IT contractors.
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Not to worry, Alexie, I've highlighted the salient points for you.Originally posted by AtW View PostBritain is at risk of a Govenment deficit crisis worse than that of Greece, sparking serious fears over the economic stability of the country.
In surprise news which sent the pound sliding on Thursday, official figures showed that the Government borrowed £4.3 billion last month.
It was the first time since 1993 that the public finances had gone into the red in January – a month in which tax revenues usually push the Exchequer into the black
Such a deficit would, at 12.8 per cent of British gross domestic product,
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Sorry too tired to put CUK favourites AtW comments...
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I still have a load of pension money that I want to get out of the UK ASAP before the government is tempted to nick it, but I can't bring myself to do so at the current rates.Originally posted by TimberWolf View PostTulip, I'm still holding everything I own in Sterling too
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Sorry about that everyone. January was the first time that my tax bill has been substantially reduced by not being in the UK.Originally posted by AtW View PostIn surprise news which sent the pound sliding on Thursday, official figures showed that the Government borrowed £4.3 billion last month.
It was the first time since 1993 that the public finances had gone into the red in January – a month in which tax revenues usually push the Exchequer into the black
I had a balance to pay for the 2008/2009 tax year but this was the first time that I have not had to make any payments on account.
Who would have thought that it would make such a difference.
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Executive summary: Unexpected, unexpected, unexpected, unexpected, new record, new record, new record, new record, doomed.
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