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#992858 25th Nov 2015 6:49pm
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Deafening silence from those who were ranting about cuts to pension credits.

All together now. Thank you, Mr. Osborne.


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Do you mean cuts to "tax credits", I don't recall any talk of cuts to "pension credit"

I'm still working my way through the statement as both Osbourne's and the government's statements mention the extra expenditure without saying where the money has come from.


We don't do charity in Germany, we pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn

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Yes, DD, tax credits; my error. He claims to have found the money from greater than expected tax revenue, albeit during the lifetime of this parliament. Hope his crystal ball is reliable.


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Yes, an additional £27bn is a little different from the tax revenue predictions from just two weeks ago - amazing what can happen in a fortnight that changes the whole financial outlook for the next four years.

A few sneaky things he didn't declare in parliament, like cutting money to parliamentary opposition parties. I would have loved to have seen the reaction if he had announced that one in the house.

Government debt is still going up and even his optimistic figures state it will go up for another 4 years.

A lot of money borrowed and a lot of cuts = a lot of money disappearing (in a few pockets).


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Yet another warning of low GDP growth today .... so a warning before the spending review and a warning after, yet the spending review assumed an unexpected growth in tax receipts???

Osbourne's spending did look like a Gordon Brown special.


We don't do charity in Germany, we pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn

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