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
'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.