Monday, September 24, 2007

Darling - Heads should Roll


I assume that since he seems to think that if Leaders of a Company should be sacked for poor performance then the same could be said of Cabinet Ministers who aren't capable of doing their jobs.

According to Reuters

Both key measures of Britain's public finances swung into deficit in August, recording their worst readings for that month since records began as corporation tax receipts fell sharply.

The Office for National Statistics said the public sector posted a net cash requirement of more than 5 billion pounds last month. That exceeded forecasts for a reading of 3.4 billion and was the biggest August deficit since monthly records began in 1984.

The government's preferred accruals-based measure of borrowing -- which is less volatile than the cash measure -- was more than 9 billion pounds. This exceeded forecasts for a reading of 6.0 billion pounds and was the highest for a month of August since records for that measure began in 1993.

Or perhaps he expects his predecessor to carry the can for this?

Labour's crass Hypocrisy at its best.

Darling hints that heads should roll over banking crisis - Independent Online Edition > UK Politics

1 comment:

Bill said...

Thanks for linking - I've reciprocated (I've been reading your blog for a while via the Aberdeen blogs aggregator).

Cheers!