Taxpayers sink under billionaire boys' debts
As we, the public, prepare to pick up the tab, Ronald Quinlan tots up the amounts owed by the developers
Published 17/10/2010 | 05:00
'If you owe your bank a billion pounds, everybody has a problem."
-- The Economist
SO you're worried about the Budget and what it's going to do to you and your family. Higher income tax, a new 7.5 per cent 'social charge', water charges, property taxes and whatever else the Government can think of to make you balance the books are all on the cards.