EU 1 Cameron/Osborne 0 – alittleecon


Here’s Alex Little‘s take on the Big Tory Lie of the day:

George Osborne went to Brussels today to try to negotiate a ‘better deal for Britain’ with regards to the £1.7bn the EU has said the UK owes due to statistical revisions over the last 20 years. Osborne came out of his meeting triumphant, saying he had negotiated a reduction of 50% which would be interest free, with payments staggered over 2 years.

It took about half  an hour for Osborne’s claims to unravel after a number of his counterparts in other EU countries revealed that the £1.7bn bill was in fact unchanged, but that the UK’s ‘rebate’ had also been revised, and would total £850m, and that this was always the case. Originally then, the UK would have paid £1.7bn, and then receive a rebate of £850m. Now, after George Osborne’s shrewd negotiating, we will pay £850m and forego the rebate. Still sound like a good deal?

Osborne makes clear in his announcement today that he thinks we are all idiots and won’t be able to see through an obvious ruse.

There’s more – so please visit alittleecon and read it there.

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6 thoughts on “EU 1 Cameron/Osborne 0 – alittleecon

  1. Mr.Angry

    Think I will buy him a calculator for Xmas with a very big keyboard he clearly has very poor vision and struggles with any numbers bigger than 1. The sad b*******rd. The result of an Eton education, think I would be looking for a refund on my tuition fees.

    1. hugosmum70

      always gonna be some that daddy pays for to go to posh places like that, knowing full well his kid hasn’t the brains of a……………..what? even pigs have more intelligence.(i love…pt it this way, even a gnat knows to where go for its next “bite” to Osbourne wouldnt have a chance unless nanny led him

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