Meanwhile mates Zac Goldsmith and Camilla’s nephew Ben Elliott do what they always do...bat for the greedy on behalf of the greedy because ...élite and all that stuff means they should not be troubled by ordinary things like grubby 💰 💰 💰
All this landing on a bloke (Johnson) who is reputedly too tight to buy his colleagues a coffee, let alone spend £3.10 on a drink for Jennifer Arcuri, who he shagged.
God knows the pain he must be suffering for forking out £58k for decorations about which (judging from his car interior) he could not give a monkeys..
I’d love it if he’s had to fork out, everyone desert him so he has no one to pick up the financial pieces AND for him to be kicked out of his £200k refurbished flat to boot.
No wonder he is red faced and snarling.
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@JayMitchinson It matters for numerous reasons @JayMitchinson
1/. Cash for favours. How would anyone feel if someone coughed up £58k to get us out of an embarrassing mess entirely of our own making?
And the cash for favours is living and breathing eg in the PPE contract awards, the Town Fund allocation.
2/. It is a question of character. £30k a year taxpayer allowance is not small. £150k over 5 years. And they cannot keep to that budget?
@JayMitchinson 3/ They did this at a time of acute financial distress for many due to Brexit business hits or just cuts in spending - eg battles over free school meals
It shows a huge sense of entitlement that they did not think “If we choose to be extravagant we must pay the balance ourselves
This is a corker from @Turloughc
The Government sale of Brompton underground to Firtash seemed weird from a security point of view. All those connecting underground tunnels. To someone with strong connections to the Russian mob.
“In 2019 Kremlin close VTB bank gained control of the property after a court case in Limassol that put a freeze on these assets.”
AND..wait for it...
“In 2020 VTB sold Denys Gorbynenko (who signed Tube deal for Firtash) assets including a residential complex in Kiev and a construction plant of mineral fertilizers (Firtash's industry) in the Ukrainian Dnipropetrovsk region for a 94% discount
Dorries appears to have a poor grasp of the Nolan Principles AND the obligations on MPs to declare financial interests. Inc those that are personal to them - because donations, salaries and benefits can induce influence.
And Tory Party has to comply with EC finance rules too
That’s so membership fees and donations are not abused or misapplied to schemes not intended by the payees.
Good explanation here from @CliveWisemayer about the roadblocks Johnson, (so used to wheedling his way past rules and regs) likely met as he tried to wriggle out of paying the £58k balance over and above the taxpayer grant (£150k over 5 years)
UK household wealth rises to record level during Covid crisis | Financial Times
Meanwhile the Gov’s national assets (c£1900bn) were dwarfed by its total financial liabilities, mostly in the form of government debt, which amounted to £3tn at the end of 2020 ft.com/content/e651bf…
The liabilities were mostly in the form of Government debt.
The UK government is rare among rich countries in having a negative net worth because it went further than most others in selling off assets over the past 40 years.
Meanwhile increasing house prices (something that astonished me during the pandemic, lower household spending and increased value of final salary pension schemes meant household wealth rose to £11.4tn (£172k per person).
“Countries that opt for rapid action to eliminate SARS-CoV-2—with the strong support of their inhabitants—also better protect their economies and minimise restrictions on civil liberties compared with those that strive for mitigation”
History shows that vaccination alone can neither single-handedly nor rapidly control a virus and that a combination of public health measures are needed for containment.
“National action alone is insufficient and a clear global plan to exit the pandemic is necessary. Countries that opt to live with the virus will likely pose a threat to other countries, notably those that have less access to COVID-19 vaccines.”
The failure of Greensill Capital will cost UK taxpayers up to £5bn, a parliamentary inquiry has heard, as one expert said the lender’s business model was “as close to fraud as you could imagine”.
Lord Myners said he believed the taxpayer would be left to cover as much as £1bn in unpaid loans, including those lent to Gupta’s businesses.
Myners said the ultimate cost could be “in the region of £3bn to £5bn” once the wider impact was taken into account.
“It’s actually going to cost a lot more if you count the externalities, the indirect costs: the cost of having to rescue the steel industry from its ‘saviour’ Mr Gupta;