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.

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