How do you lose £2.7bn? Ask the NHS
28 Feb 2007 - JG
The NHS has a pensions black hole that has risen by £61bn in just two years. That is incredible! According to the Telegraph the figures include an addition £2.7bn because, and I kid you not, the Government accidentally lost this sum on last year's accounts. You lose the car keys or on a bad day your mobile phone, you do not lose £2.7bn. There is a seriously incompetent accountant working for the government (though I suspect there maybe a whole army of them).
In contrast, the private sector has reduced their pensions black hole considerably. The FTSE100 companies have reduced theirs' from £90bn to £20bn. Yet further proof that the private sector can run business a whole lot better than this government can ever hope to. And while Gordon throws money at the public sector to bail out the pensions crisis that his government caused, those not so fortunate will be getting nothing when the hit 65. Stop running the public sector like a charity Mr Brown - it's not, it's my hard earned my money!