Forsyth Inching Tories Towards Reality

Lord Forsyth has hit the headlines calling for spending cuts of £75 billion a year.  Sounds like a lot until you realise that government will still be over-spending by more than £100 billion a year since the budget deficit is £178 billion.  A government that over-spends by £2 billion a week is going to worsen the debt crisis.

Before Liam Byrne starts spinning about cruel Tory cuts he would do well to remember that Lord Mandelson said it was ‘vital’ to reduce the deficit by some £80 billion in a speech two weeks ago.  Mandelson is still outflanking the Tories…




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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