Wednesday 16 December 2009

Alistair Darling in cover-up scandal as he is accused of not revealing full extent of Britain's debt

Daily Mail
"The Chancellor told MPs that the Treasury had made 'estimates' of increases to the debt interest bill - which experts predict will hit £70billion to £80billion a year within five years - but refused to release them to Parliament.The Institute for Fiscal Studies, Britain's most respected economic forecaster, has given projections to MPs suggesting the debt interest bill will hit £60billion by 2012/13, £66billion by 2013/14 and £71billion by 2014/15.Mr Darling also declined to reveal Treasury 'assumptions' showing deep cuts to public spending outside of Labour's protected areas of schools, hospitals and police numbers, despite demands to do so from the Treasury select committee."

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