"Adrian" wrote in message ...
On Wed, 22 Jul 2015 17:49:18 +0100, michael adams wrote:

Are you getting £40bn and 40% confused?

*40% of £759.5bn

Except it isn't.

It's 40% of some departments.
The NHS is excluded.
The MoD is excluded.
Schools are excluded.
The ODA is excluded.

So that leaves

Pensions £153.3 billion and Welfare £110.5 billion

So that over the next five years leading up to the next election, with
an ageing healthier population, all of whom have the vote, Osborne hopes
to cut either 25% or 40% off the pension bill.

Or am I missing something ?

Yes. The fact that pensions have been "triple locked" to increase to the
highest of three factors - inflation, average salaries or 2.5% - each
year.

Sorry, maybe my monitor is at fault, maybe some pixels are missing or something
but I can't actaully see "Pensions" on the list you posted earlier

I It's 40% of some departments.
The NHS is excluded.
The MoD is excluded.
Schools are excluded.
The ODA is excluded

Funny, even with missing pixels there's no "Pensions" in your list even if I scroll the
display
so maybe that's not the reason after all.


michael adams

....