www.bbc.co.uk/news/business-28250963

Taxpayers 'lost £1bn' on Royal Mail sale, MPs say

'But in its scathing report the select committee said the shares had been undervalued and property owned by the Royal Mail had been mispriced when 60% of the company was privatised in October.'

Shows the coalition really has no idea.
Add to this fiasco IDS's wasted billions on welfare reform and you see a government with no real economic idea.

Didn't Gordon Brown sell GOLD reserves at a record market low......then when challenged, he set up his own enquiry (like the Blair government loved to do).....that exonerated him..............

Very conveniently forgotten by Labout supporters.......very conveniently forgotten, like all the other conveniently forgotten practices of a clueless Labour majority Government.........pension pots raided for tax, gold reserves sold......wasted, no rainy day fund or controlled spending for when it rained.....cos they weren't going to be left with the problem of sorting it

Spend, spend, spend.................

Pattaya wrote:
www.bbc.co.uk/news/business-28250963

Taxpayers 'lost £1bn' on Royal Mail sale, MPs say

'But in its scathing report the select committee said the shares had been undervalued and property owned by the Royal Mail had been mispriced when 60% of the company was privatised in October.'

Shows the coalition really has no idea.
Add to this fiasco IDS's wasted billions on welfare reform and you see a government with no real economic idea.

The joys of having a posh party in power they are totally clueless about everything and so in denial.

Mr Reason wrote:
Didn't Gordon Brown sell GOLD reserves at a record market low......then when challenged, he set up his own enquiry (like the Blair government loved to do).....that exonerated him..............

Very conveniently forgotten by Labout supporters.......very conveniently forgotten, like all the other conveniently forgotten practices of a clueless Labour majority Government.........pension pots raided for tax, gold reserves sold......wasted, no rainy day fund or controlled spending for when it rained.....cos they weren't going to be left with the problem of sorting it

Spend, spend, spend.................

They also "conveniently" forget that as a nationalised industry we had been subsidising Royal Mail for years .... that will no longer be the case.

In The Know wrote:
Mr Reason wrote:
Didn't Gordon Brown sell GOLD reserves at a record market low......then when challenged, he set up his own enquiry (like the Blair government loved to do).....that exonerated him..............

Very conveniently forgotten by Labout supporters.......very conveniently forgotten, like all the other conveniently forgotten practices of a clueless Labour majority Government.........pension pots raided for tax, gold reserves sold......wasted, no rainy day fund or controlled spending for when it rained.....cos they weren't going to be left with the problem of sorting it

Spend, spend, spend.................

They also "conveniently" forget that as a nationalised industry we had been subsidising Royal Mail for years .... that will no longer be the case.

What about the billions being written off by Tories failed projects ?

andrew wrote:

What about the billions being written off by Tories failed projects ?

There are none !

In The Know (as always) wrote:
andrew wrote:

What about the billions being written off by Tories failed projects ?

There are none !

Yes there are ITK.

www.greenbenchesuk.com/2014/01/16-ways-i...iths-department.html

In The Know (as always) wrote:
andrew wrote:

What about the billions being written off by Tories failed projects ?

There are none !

www.telegraph.co.uk/news/politics/102876...auling-by-audit.html

Seems the worse opposition leader in memory is also the most useless Minister.

IDS took on an almost impossible job - reforming the gravy train.

Getting several independent computer systems to work in unison was always going to be difficult.

It may take years ... but every step is an improvement on the current system (and something Labour would not have attempted).

Never knock someone for having failed to deliver (yet) -
always knock people who never attempt to achieve.

In The Know (as always) wrote:
IDS took on an almost impossible job - reforming the gravy train.

Getting several independent computer systems to work in unison was always going to be difficult.

It may take years ... but every step is an improvement on the current system (and something Labour would not have attempted).

Never knock someone for having failed to deliver (yet) -
always knock people who never attempt to achieve.

IDS is knocking many poor people who fail to deliver an exact amount of paperwork,but is happy enough to give our money away to thieving Gypsies and illegal aliens who invade our borders!...He knew this system could not work,but went ahead and wasted precious Tax payer money!!

Congratulations on your Knoghthood ITK...sorry Knighthood

Pattaya wrote:
In The Know (as always) wrote:
IDS took on an almost impossible job - reforming the gravy train.

Getting several independent computer systems to work in unison was always going to be difficult.

It may take years ... but every step is an improvement on the current system (and something Labour would not have attempted).

Never knock someone for having failed to deliver (yet) -
always knock people who never attempt to achieve.

IDS is knocking many poor people who fail to deliver an exact amount of paperwork,but is happy enough to give our money away to thieving Gypsies and illegal aliens who invade our borders!...He knew this system could not work,but went ahead and wasted precious Tax payer money!!

Congratulations on your Knoghthood ITK...sorry Knighthood

Labour's reform on dwp actually did work when was Brown PM. People were in work not thrown on courses, sanctions were non existent, not many people used food banks.

I got to fill the whole job book in, foreigners only need to fill about 6 boxes in if I did 6 I get sanctioned.

In The Know (as always) wrote:
took on an almost impossible job - reforming the gravy train.

Getting several independent computer systems to work in unison was always going to be difficult.

It may take years ... but every step is an improvement on the current system (and something Labour would not have attempted).

Never knock someone for having failed to deliver (yet) -
always knock people who never attempt to achieve.

We all remember the failed NHS database which Blair wanted, IDS should of taken notice what a bald killing loon he is.

andrew wrote:
In The Know (as always) wrote:
took on an almost impossible job - reforming the gravy train.

Getting several independent computer systems to work in unison was always going to be difficult.

It may take years ... but every step is an improvement on the current system (and something Labour would not have attempted).

Never knock someone for having failed to deliver (yet) -
always knock people who never attempt to achieve.

We all remember the failed NHS database which Blair wanted, IDS should of taken notice what a bald killing loon he is.

On that note I'll leave you to enjoy sunny Margate.Had enough of the weather,and have booked 5 days at my favourite French resort in the Pyrenees,Osseja...Oh La La

Pattaya wrote:
On that note I'll leave you to enjoy sunny Margate.Had enough of the weather,and have booked 5 days at my favourite French resort in the Pyrenees,Osseja...Oh La La

Do you not see a sign of hypocrisy in that statement ?