Darling’s Last Act: Leaving a £15 Billion Bill for British Taxpayers

David Cameron is facing an immediate clash with Europe after Alistair Darling prepared last night to sign up to a massive new fund to back the euro that could cost British taxpayers £15 billion.

In what could be his last act as Chancellor, Mr Darling went along with plans to double to ¤110 billion (£96 billion) the bailout fund designed to prevent a repeat of the Greek financial crisis.

The emergency finance, used to help Latvia and Hungary last year, will now be available to eurozone countries for the first time as well.

The fund, known as the “stabilisation mechanism”, increases by a further ¤60 billion the ¤50 billion that the EU can already use to help countries with balance-of-payments problems. Britain was already exposed to a potential £7 billion cost under the original scheme and its ultimate liability under the enhanced plan will be a further £8 billion, Treasury officials say.'

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Government Backs Down on Veto of Banker Bonuses

A fresh row over City bonuses is set to engulf ministers after it emerged last night that 200 executives at Lloyds, the partly state-owned bank, are set to receive one-off payments worth up to 80 per cent of their annual salaries.

They will receive the money for integrating Lloyds with HBOS, which has led to more than 11,000 job losses at the combined bank since January.

It comes amid signs that the Government will not stop Royal Bank of Scotland, which is 70 per cent owned by the State, from paying massive bonuses to 20,000 investment bankers.

The Treasury had indicated earlier this week that it would veto a £1.5 billion payout to executives, a 50 per cent rise on last year.

But Gordon Brown and Lord Mandelson stepped back from confrontation after the RBS board threatened to resign.'

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Happy Deathday England, Love ZanuLabour

Today England awoke to a thumping headache, a nation teetering on the brink of bankruptcy and economic collapse, after a budget that could only really be described as having been farted directly from the bowels of Satan himself. Well, if only he could have taken the time to tune his sphincter before billowing forth such an unholy collection of cacophonous garbage, because as far as I can tell, the entire shambolic mess does not stack up to the harsh scrutiny expected from a particularly learning impaired five year old.

That is not to even mention the fact that the national debt that we have now been saddled with, and are being forced to pay for, is illegal and illegitimate. Words that this regime are becoming quite comfortable with by all accounts, well after all, if the shoe fits, eh?

It’s nice to know that whilst those of us brave enough to still be proud of this country (after everything these criminals have done to it over the last 10 years) are busy attempting, via their best imitation of “stiff up a lip”, “muck in and get on with it” stoicism, to celebrate our national patron saints day, we are smacked rudely in the face yet again by the Vogonesque inter-planetary demolition squad that is New Labour.

Oh, but don’t worry folks, good old Auntie Beeb is on hand to help “reframe” any misguided patriotic impulses we may have into something more obscure and politically correct for the times. After all, there once was a nation called England, according to some bizarre myth that nobody really believes any more. No Common Purpose there then, no Siree.'

So where are the dambusters when you need them? Somebody should just drop a few well placed bouncing bombs on the whole stinking lot of these scurrilously treasonous ratbags. Well, let me give you all a small clue :

The clock is ticking. It is 5 minutes to midnight. Either we remove these inept, evil and rapacious tyrants from power and take our country back, or there will be nothing left to argue about, or indeed anyone to argue about it with, in a few years from now.

What better way to celebrate St George’s day?

UK Column

Now Chancellor Alistair Darling Under Fire for Expenses

Alistair Darling has claimed thousands of pounds in expenses on his family home while renting out his privately owned London flat and living in a grace-and-favour apartment in Downing Street, it was reported last night.

The Chancellor has on a number of occasions swapped the title of main home between his house in Edinburgh and his flat in London, reportedly enabling him to claim expenses for both dwellings while also earning rent from his South London flat.

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Darling Rejects bankers Pay Cap

Alistair Darling has refused to cap the level of pay and bonuses handed to the bosses of Britain's bailed-out banks because of the dent it would make in Treasury coffers.

The Chancellor told MPs yesterday that while the Government was keen to take action on excessive remuneration in the financial sector, he added his view was "double-edged" because a strict ceiling would leave a black hole in tax revenues.

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