A GOOD DAY TO BURY BAD NEWS
Sunday, July 19, 2009 at 09:27AM We all know that the Dear Leader, Gordon McDoom, is the very personification of financial rectitude and operates with complete honesty. So...
Watchdogs at the National Audit Office have ‘qualified’sets of figures from FIVE governmment minisitries- meaning that inspectors have serious concerns about the state of the books.
Embarrassingly, the list will include the Treasury – the Prime Minister’s old department and the Ministry that is responsible for policing Whitehall expenditure. The bad news will be released at the same time as two more dire statements about the overall state of the Government’s finances. The statements for both the Consolidated Fund – the Government’s current account – and the National Loans Fund – the borrowing and lending account – will also be disclosed in the 48 hours before MPs leave Westminster for their summer break on Tuesday.
The National Audit Office is expected to say it has concerns over the state of the Treasury’s books because it cannot get a proper explanation for the billions of pounds spent bailing out the Royal Bank of Scotland and Lloyds Bank last autumn. The department has also been castigated for its handling of the huge bail-out of Northern Rock, which has cost the taxpayer billions.
Other departments understood to be in trouble include the Ministry of Defence, the Home Office, the Department for Work and Pensions and HM Revenue & Customs. The Equality and Human Rights Commission is also expected to be rebuked over its accounts.
Whitehall sources said it was ‘highly unusual’ for Government departments to publish so many annual reports on the same day – sparking suspicions that Ministers are trying to deny proper scrutiny of the embarrassing figures.
Lies and deceits are the basis of Labour policy and will remain so until the very day it is kicked out of power.
UK economy 
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Reader Comments (2)
The National Audit Office is expected to say it has concerns over the state of the Treasury’s books because it cannot get a proper explanation ...
Meaning, if Cabinet ministers were company directors, they'd now be in very hot water.
As a commentator at Guido quipped: from fiscal rectitude to rectal fistitude under the Chancellor/PM, Gordon Brown.