More lies from the Tory-LibDem coalition: Government spending has increased, not decreased and Britain’s national debt has gone up from 53 to 61 percent of GDP since they took office.
According to official figures just released by the Treasury, spending in April and May was 4.1 percent higher than for the corresponding period in 2010.
Over those two months, the Government borrowed £27.4 billion, compared to the £25.9 billion borrowed for April and May 2010.
At the same time, VAT, fuel duty, income tax and National Insurance have all increased, which the Chancellor claimed would bring down the national debt.
The figures mean that both spending and borrowing are higher than what they were under the previous Labour government.
The major part of the rising debt is made up of three major factors: repayments on previous debt, foreign aid, and a 74 percent increase in Britain’s contributions to the EU budget. In fact, Britain’s gross contributions to the EU would pay for the entire transport and home office budgets.
The net contribution to Brussels increased from £5.3 billion in 2009 to £9.2 billion in 2010. The gross contribution now stands at £19.7 billion.
* The charity Age UK has warned that older people’s care budgets have been slashed by a “devastating £610 million” which has put the lives of elderly folk at risk.
The figures are based on data obtained from councils under the Freedom of Information Act. Some 139 out of 152 authorities responded to requests by Age UK, which calculated that net expenditure on older people’s social care was falling by £610 million in 2011/12, compared with 2010/11.
The charity also found that at least 61 councils were increasing charges on provision of services like home help and day care centres.
Michelle Mitchell, charity director at Age UK, said: “Funding for social care is already inadequate and the system today is failing many older people at the time when they really need help.
“The consequences of cutting expenditure further to 8.4%, indicated by our research, could be devastating.
“We are fearful that even more vulnerable older people will be left to struggle alone and in some cases lives will be put at risk.
“We anticipate these cuts will condemn many more older people to a miserable existence behind closed doors struggling to keep safe and well.”
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This was posted yesterday on Griffin’s twitter, how highly irresponsible for a party leader and elected official to say such a thing? I assume he is referring to Sheikh Raed Salah.
nickgriffinmep Nick Griffin MEP
. . . invited a banned Islamist to speak in House of Commons this evening. Hope he blows himself up there!
22 hours ago
And we know what this means for the long term value of Sterling.
When your country imports 50% of its food and 50% of its energy requirements, debasing your currency is just not a good idea.
I am sadened by the fact that we are giving money away to the EU without supporting the Elderly from our own country. Men and women who have made Britain what it is today. Let’s not forget we will all be old one day how will the EU help us then?
Surely it is time to force politicians to obey our Constitution. Why are police Chiefs and General Staff not arresting these criminals? Why is the monarch not upholding her oath and seizing a treasonous Parliament for transferring our sovereignty to a foreign power, and immigrating a hostile politico-religious ideology?
Is it not time for a Constitutional reform, demanding government to use sound money, owned by the Treasury rather that the private, for-profit company called the Bank of England, and balance the National Debt?
Here is an excellent Channel 4 film, called Britain’s Trillion Pound Horror Story: http://www.youtube.com/watch?v=7gd6-zfeeaM
“Britain’s National Debt has Increased under Coalition Government” and will continue to do so while ever Britain continues to give away the family silver.
The only way to halt the decline and almost instantly decrease the debt is to immediately halt all overseas aid handouts, ban all immigration, abandon the EU and withdraw from the illegal wars we have been dragged into.
The problem is that under our current debt based banking system, virtually all money enters the economy as debt.
The upshot of this is that if the defecit is reduced, then so is the money supply reduced by the same amount resulting in recession.
The trick is to reduce the deficit and at the same time maintain the money supply.
How to do this is explained in “Britain’s Economic Recovery” on this site, or visit positivemoney.org.uk
Update. We are now told that Britain will borrow £121 Billion this year ! Please read our policy document and consider the good things that we could do for our country if we were relieved of the burden of Immigration,european union and foreign aid ! Britain can not AFFORD the LibLabConKip ! Join the new Decent and sensible British Democratic Party Today.
( Party Official ) Hidden amongst the total BARRAGE of false information and opinion in our media , was the announcement that Britain’s Borrowing had UNEXPECTANTLY GONE UP ! PARDON ? If you read the older article above , you will see that this was NOT UNEXPECTED BY OUR PARTY. We BRITISH DEMOCRATS tell the truth and struggle FOR BRITAIN ,not against it ! Join the Party that knows what it is doing ! TODAY.