I’m using the big megaphone this blogkend, but here are a couple of Simple Plan things. The London Labour Housing Group’s Red Brick discusses why the distinction between general government gross debt and public sector net debt is important. GGGD is internationally comparable, and excludes public corporations, which hardly exist any more but do include council housing departments, PSND is Anglo-British and includes ’em.
To be honest I’m more interested in whether it would be possible to so arrange the Simple Plan to comply with whatever daft pick-a-number metric they’re using. If good ol’ Karl-Heinz Grasser could get away with lending the Austrian federal forestry agency the money to buy the lakes of Carinthia off the government and claiming to have balanced the budget, well.
Crisis have some numbers on where LHA claimants are moving around London – out of KenChel, Portergrad, Camdonia, and Islington into the rest of North London, basically. The count of LHA claimants in Grant Shapps and Brian Coleman’s fief of Barnet is up 45%, here in Haringey it’s up 21%, 2.1k people.
Meanwhile, it appears we are rebalancing the economy towards a bigger, better property bonanza than ever in today’s super soaraway oh what the fuck does it even matter, just this time the sovereign is right on the hook. Fortunately, and this is something to which I will circle back, the “guarantee” is worth exactly what Paul Dacre tells the least solid No.10 adviser on the day it should be because Osborne wants to abolish the distinction between departmental spending limits and annual managed expenditure.