Sunday, 12 June 2011

Billions Wasted: New Revelations Show Balls and Brown Ignored Warnings That Big Spending Spree Would Damage the Economy

'Leaked papers have revealed Gordon Brown and Ed Balls ignored warnings from civil servants over Labour's tax and spending plans that ultimately left the country saddled with record debt.

The damning papers presented to Cabinet in January 2006, while Mr Brown was Chancellor and Mr Balls his Treasury aide, insisted that 'ineffective spending' must be 'closed down'. 'We've spent all this money, but what have we got for it?' the confidential document asks.

But Mr Brown ignored these and other warnings about the need to improve the efficiency of the public sector, and instead began a £90 billion spending spree when he became prime minister.'

Read more: Billions Wasted: New Revelations Show Balls and Brown Ignored Warnings That Big Spending Spree Would Damage the Economy