Tuesday, 31 August 2010
A wise investment ?
The Guardian reports today that the Government are set to make a profit of up to £30bn from the money invested to bail out the banks a couple of years ago. Its an interesting contrast to the continuing message that deep cuts are necessary across a whole range of public services. It would be understandable if Alistair Darling was feeling vindicated while enjoying his cornflakes this morning ! If this projected windfall does come to pass let's hope that the UK Treasury will allow it to be reinvested in services that benefit local communities.
Posted by Ricky Henderson at 10:50