UK Politics

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UK Treasury refuses to disclose key details of £22bn fiscal ‘black hole’ (www.ft.com)

submitted 2 weeks ago* (last edited 2 weeks ago) by mannycalavera@feddit.uk to c/uk_politics@feddit.uk

7 comments fedilink hide all child comments

Archive link for when your finances have been sucked off by a black hole.

top 7 comments

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[–] hellothere@sh.itjust.works 19 points 2 weeks ago (1 children)

Good to see the FT continuing to absolutely destroy their credibility:

The response from the Treasury’s information rights unit said details would be published respecting agreed timelines “to allow the relevant officials time to complete the preparation of the information to ensure it is accurate and correct prior to publication”.

[...]

A spokesperson added the Treasury intends to provide more details of the overspending, either at the Budget or in separate spending releases.

Not exactly sure how this can be considered a refusal....hmmmmm.

[–] flamingos@feddit.uk 1 points 2 weeks ago (1 children)

They've been spouting out this '£22b black hole' line for weeks, but now they suddenly need time to make sure the figures are accurate?

[–] hellothere@sh.itjust.works 6 points 2 weeks ago

A full itemised breakdown is a different level of rigor than a "to the closest billion, what's going on?" request made civil servants as part of an incoming government. Given the statements made by the OBR themselves the idea that 22bn is inaccurate or false is pure cope.

Also, the FT not actually linking to their FOI request means you cannot see exactly what they requested, and a high level of detail could well lead to other disclosure problems (eg if overspend occurs in front line military).

[–] UKFilmNerd@feddit.uk 9 points 2 weeks ago (1 children)

I'm not sure of the negatives, but I've heard that a one-off wealth tax, that is taxing the top 1% earners a single 1% would bring in £25bn to the treasury. Problem solved, £3bn left over.

[–] Maeve@kbin.earth 6 points 2 weeks ago

Not one off. Permanent!

[–] Maeve@kbin.earth 3 points 2 weeks ago (1 children)

https://archive.ph/E2cJ3

[–] mannycalavera@feddit.uk 3 points 2 weeks ago

Thanks. I have no idea why it's not working for me. Now not even my link works for me 😔