Monday, January 01, 2007

Lib Dems run up massive overspend.

This story published in Saturday’s Mail caught my eye. Can anyone explain the headline?
The crux of the story is the Liberal Democrat administration in Hull is heading for a massive overspend. Even with the service cuts already planned like reducing home helps the projected overspend is £3,600,000. The Mail says “ this will be the first significant overspend for several years”. The Lib Dem bosses at the Guildhall are clearly financially incompetent.

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