£6bn is 1% of govenrment spending in a year
this should be achievable without massive reductiosn in services.

The real issue is that the current £160bn deficit that is banded about by policticians and the media is only about 1/3 of the issue.

However, it is argued that UK’s national debt is actually a lot higher. This is because national debt should include pension contributions and private finance initiatives PFI which the government are obliged to pay.

The Centre for Policy Studies (at end of 2008) argues that the real national debt is actually £1,340 billion, which is 103.5 per cent of GDP. This figure includes all the public sector pension liabilities such as pensions, and Private Finance Initiative contracts e.t.c (Northern Rock liabilities).

These pensions do not need paying for yet, but will be a blot on the horizon for many years to come.
( Naked Ape call me Caitlyn, Wed 12 May 2010, 15:55, 2 replies, latest was 16 years ago)

I'm stopping my pension and putting all my money into porn.
People will always need porn.
( girlinthehole, Wed 12 May 2010, 15:57, Reply)

Two birds, one stone.
.... no, that's not the title.
( G/PP 💩💩💩💩💩&#128, Wed 12 May 2010, 16:02, Reply)

Top stuff

( Naked Ape call me Caitlyn, Wed 12 May 2010, 16:03, Reply)

Oh, I love that one!

( Larry Vest One day at a time, sweet Jesus, FFS., Wed 12 May 2010, 16:36, Reply)

The £160 billion is what we're paying interest on now.
Getting rid of that is the priority.
and the 1% reduction turns into 3-4% when you think about inflation and fixed term pay increases etc.
(PsychoChomp, Wed 12 May 2010, 16:05, Reply)

Of course, but it's worth mentioning the future debt as it is
mainly as a result of Labour increasing the public section in an unsustainable manner. Buy now and we all pay later.
( Naked Ape call me Caitlyn, Wed 12 May 2010, 16:07, Reply)