Sunday 19 July 2009

Audit chiefs refuse to pass accounts for 5 Government departments

Daily Mail
"Gordon Brown was accused last night of trying to ‘sneak out’ a flurry of bad news about the Government’s finances – just as MPs break up for their summer holidays....The most damning disclosure is likely to be the level of public debt and collapsing revenues. Sources suggested last night that the reports would reveal a record drop in taxrevenue for 2008-09.Vince Cable, Liberal Democrat Treasury spokesman, said: ‘It’s clear the public finances are in a serious mess. The very least we should expect is a clear and honest statement of the position but the Government seems to be doing its best either to conceal the position or is simply being incompetent.’

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