For the first time since records began in 1993, the government had to borrow money in January, a month that usually sees huge Corporation Tax income. Economists were said to have been expecting a small surplus of around £2bn in January's budget, allowing a small start to repaying the UK's huge debts. However tax receipts dropped 11.8% compared with January last year, when the government was able to repay £5.3bn.
Appalling news, really dreadful and so the BBC have been leading news bulletins today with the claims that Israel were behind the 'execution' of a terrorist (oops sorry militant) leader in Dubai and on Radio London behind the Nicholas Winterton story. Meanwhile on the BBC News website the parlous state of the UK economy doesn't even merit a place in the top three stories but currently sits at number 2 in the "OTHER TOP STORIES" section. Somehow I doubt that the BBC would have been so quick to minimise coverage of such "pretty ghastly" figures had they emerged under a Conservative government, indeed I seem to remember coverage of bad economic news being lengthy, in-depth and repeated ad-nauseum during the 1980s.
The BBC are moving towards full election mode at present and are concentrating on setting "the narrative" to be as pro-Labour and anti-Tory as possible. Unfortunately it seems that 5Live is to be the flag-bearer for this campaign and with broadcasters like Stephen Nolan on-board the bias will be heavy and hard to avoid.
The bbc called it an assassination, if it was one of their people it would be murder.
ReplyDeleteThe bbc have lost all credibility. This morning the Toady Programme was turned off at 06-30 hours as it was obvious that Naughty and pal were going into left wing overdrive.
Who on earth believes this rubbish when the internet gives better facts?