Wednesday 26 November 2008

The British government looks a bit shifty again!!

The British government, under the premiership of Gordon Brown, looks a bit shifty again a last-minute omission in the pre budget report (PBR) to recoup the temporary reduction in VAT from 17.5 pct to 15 pct with a rise to 18.5 pct. Apparently, analysts are finding a £100bn hole in the public finances. They are also homing in the changes not highlighted by British chancellor Alistair Darling such as increased fiscal drag whereby more taxpayers will be sucked into paying the 40 per cent rate.
Perhaps the best strategy for Brits is to get a public sector job with a nice pension and the ability to take time off sick when you want. If that does not appeal then if you got some transferable skills then Australia and New Zealand would like to hear from you.
www.searchaccountant.co.uk
I think it is Derbyshire where they pay more for pensions covering retired firemen than for the actual fire service itself. Unless we go bankrupt too quickly, then there might be a moment when we realise that the public sector just has to be reformed. The Gershon review wanted to outsource some civil service jobs to India but
I don't think we need to go that far. Pulling out of Iraq and Afghanistan would help reduce costs a bit. I am still aiming to get on a Quango, so we don't want those cut.

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