Reply to: Government cuts

[suityou01]

Government cuts

[centurian]

Edit: Apparently it's €6 billion over 25 years. That actually seems like quite good value at a little over €1000 / hr

Arrrgh

I just hate it when politicians attempt to put the lifetime cost of a project in the same context as the yearly deficit amount - although this article didn't do that explicitly.

How many times did we hear prior to the election (mostly from LibDembs) "The deficit is £160bn. We can save £100bn from scrapping trident." - neglecting to mention that trident is over 25 years, starting from 2020.

[Clippy]

I'm waiting for the revelation that the Labour Chancellor was in fact Bernie Madoff!

[rsingh]

Well that puts the cost of a SAR helicopter at around £800k per day. I suppose you need to factor in the cost of running the helicopter, ground crew etc as well but even so £30k an hour does seem like a lot.

Edit: Apparently it's €6 billion over 25 years. That actually seems like quite good value at a little over €1000 / hr

Cornwall Search and Rescue helicopters to go private in 2012 (From Falmouth Packet)

Please don't sully my Daily Wail rant with facts.

Thanks

[shaunbhoy]

If there is a proper business plan, any bank will lend the £80 million.

I think that this may be the elephant in the room.

[fullyautomatix]

It's a disaster for Sheffield Forgemasters. Cancelling an £80 million loan? Disgraceful.

Can they not get a loan from a financial institution? Like a bank for example ? The govt is not there to hand out loans. If there is a proper business plan, any bank will lend the £80 million.

[shaunbhoy]

If there are this many financial skeletons falling out of cupboards this early, then there ought to be plenty of scope for saving a huge chunk of the deficit without having to impact anything useful.
Of course this might mean a fair number of non-jobs being axed and the associated "worker" being turfed out to try and find some gainful employment. But I think I'll survive that.

[Mich the Tester]

It stinks. It seems this 'more open' government is now allowing us to see things that we previously couldn't.

smell

[Fred Bloggs]

It's a disaster for Sheffield Forgemasters. Cancelling an £80 million loan? Disgraceful.

[ratewhore]

It seems this 'more open' government is now allowing us to see things that we previously couldn't.

We'll be seeing more of how NL fooked the country, I should imagine...

[Mich the Tester]

even so £30k an hour does seem like a lot.

I'll happily test it for 29k per hour.

[doodab]

I'm gobsmacked. They were expecting to run a fleet of 24. 24 * $15m does not equal £7bn.

It stinks. It seems this 'more open' government is now allowing us to see things that we previously couldn't.

Well that puts the cost of a SAR helicopter at around £800k per day. I suppose you need to factor in the cost of running the helicopter, ground crew etc as well but even so £30k an hour does seem like a lot.

Edit: Apparently it's €6 billion over 25 years. That actually seems like quite good value at a little over €1000 / hr

http://www.falmouthpacket.co.uk/news...ivate_in_2012/

[rsingh]

Soteria Search and Rescue - Wikipedia, the free encyclopedia

I'm gobsmacked. They were expecting to run a fleet of 24. 24 * $15m does not equal £7bn.

It stinks. It seems this 'more open' government is now allowing us to see things that we previously couldn't.

[Moscow Mule]

Moer interesting is that they were expecting to spend £7bn on Search and Rescue helicopters for the coast guard. This has now been postponed. How do you spend so much on this. Considering a Sikorsky S-92 is about $15m, thats a lot of helicopters even when you factor in running costs (which the idiots in charge probably didn't). I hope the axe digs deeper.

Soteria Search and Rescue - Wikipedia, the free encyclopedia

[centurian]

Moer interesting is that they were expecting to spend £7bn on Search and Rescue helicopters for the coast guard. This has now been postponed. How do you spend so much on this. Considering a Sikorsky S-92 is about $15m, thats a lot of helicopters even when you factor in running costs (which the idiots in charge probably didn't). I hope the axe digs deeper.

It's cheap when it's not your money you are spending