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.......well, who'd'a' thunk it!

 

Labour MP and former shadow Chancellor, Chris Leslie, says George Osborne's U-turn on tax credits was not what it seemed:

Don't be under the illusion that it's a U-turn, it's a delay. And in fact the Office for Budget Responsibility make it quite clear in their analysis that it's going to be more than offset by significant cuts to other benefits further down the line. And this is the thing with these spending reviews, they do tend to unravel when people look at the detail."

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Originally Posted by Extremely Fluffy Fluffy Thing:

The coffers are not really fuller, it's just the 'Projected' amount that has changed!!!!

...And apparently it's changed because of the positive effects of immigration!

Cue a hilarious interview with the Treasury Chief Secretary Greg Hands by Krishnan Guru-Murthy on the C4 news:

Guru-Murthy suggest to Hands that the only reason the Chancellor had more money to play with was because the Government's attempts at capping net migration had failed! Hands replied that they were still committed to reducing net migration to "the 10s of thousands".

Guru-Murthy: "Why?  Because that would be bad for the economy!"

Eugene's Lair
Last edited by Eugene's Lair

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