So George is moving the money about. One item that I find interesting is:~ People who lose their jobs will have to serve a 7 day period of no cash benefits instead of 3 days at present. One group this will help of course is the Pay Day Lenders who charge eye watering interest rates. Firms like Wonga, who paid for access to Government ministers at the last conservative conference and are a major donor to the Tories, and Everyday Loans, owned by Arbuthnot Latham, whose chairman was a former Tory Treasurer, they provided a £5 million overdraft facility just before the last election to the Tories at an interest rate of 3.5%, (members of the public pay on average 74.8%) another Tory donor who is also a Government advisor and has a Major stake in Wonga has given £800000 over the past 7 years to the Conservatives, £100000 given last December. Of course "We are all in this Together"
Posted on: Wed, 26 Jun 2013 23:36:42 +0000
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