BUDGET SPECIAL 2010
Chancellor announces sale
of last Government owned assets
Budget 2010 Key Points
First time buyers will pay no stamp duty on properties under £250,000. “The entire economy has been built on debt with house prices seen as some indicator of economic prosperity. But it only works if we can drag more people into the housing market. The banks are not giving money to first time buyers so we are desperately trying something else.” announced the Chancellor.
Bank Lending
Chancellor has agreed with Royal Bank of Scotland and Lloyds - both state-subsidised - that they will lend some £94bn - at least half to small and medium-sized firms. “These banks picked winners last time I am sure they will do it again….err no wait” said the chancellor.
Transport£100M in the budget for repairing potholes. “If only repairing the big hole in the government finances was so cheap” Said the chancellor
Efficiency Savings
Chancellor announced the relocating of 15,000 civil service jobs from London to Poland, China and India. “Well if it’s good enough for the private sector it’s good enough for us.” Said the Chancellor
Benefits & tax credits
Government will look into scrapping compulsory retirement, as quite frankly private pensions and state pensions are not going to cover the cost of living so we need people to work until they drop.
For families, those with one or two year olds will get an extra £4 a week in child credits, regardless of whether the recipients are single parents, cohabiting, married or the alcoholic who has kidnapped a child. So the child can be used for the extra cash so the drunk can pay the extra 10% duty on cider.
ISA limit will be raised from £7,200 to £10,200. “It does not matter as people don’t have money to save anyway.”
Borrowing & Growth
Government borrowing was revised downwards. The Chancellor said “We had predicated borrowing of a bloody massive number to big to comprehend. Now we have revised it down to a bloody massive number still to big to comprehend.”
Downgrades growth forecast to a level which they think they can get away while still making the budget figures work.
The City says they will keep a close eye on the Chancellor’s figures.
Bankers and credit rating agencies have said they will study closely the chancellor’s figures to see if he is being financially responsible. The Red Top says ‘Perhaps if the banks and credit agencies had taken a close look at their own figures we wouldn’t be in this mess in the first place!'
BBC announces new budget cuts.
Management at the BBC have announced a new round of cuts in its budget due to the ongoing economic uncertainties.
1) Eastenders to be moved to Poland and to be called West Warszawa’s. It will be cheaper to produce in Poland. Also even with no changes it will be a more realistic representation of Warsaw than it ever was of the Eastend.
2) Top Gear to be reduced to just one presenter, Jeremy Clarkson. Head of Programming said ‘We only really need one petrol head to talk bollocks about cars, the environment and the ‘Nanny state’
3) News 24 will now be reduced to 5 min bulletin at the top of the hour with another 10 mins of weather, as that’s what most people seem to talk about. The other 45 mins will be of webcams positioned around the world trouble spots. The camera images will constantly change from location to location until something happens.
4) Match of the day will still cover Premiership football. However the panel of old football players will be replaced with 4 random football fans dragged from the pubs after the games. Said the head of sport ‘We think these 4 drunken fans will be giving a much more interesting insight into the game than some ex player droning on. We might even get a bit of a fight if the debate gets heated.”
5) BBC London studios to be shutdown, and new ones built in Scunthorpe. The move will also allow the BBC to produce 400 hrs of TV showing building programs and interior design programs about the new studios and offices. Also reality TV show as we follow some of the top presenters and news readers moving from the Home counties to the North East. ‘It will be comedy gold’ said the head of the BBC.
Other News
British Airways refuses Beer and Sandwiches talks with Unions at Number 10
BA management have refused negotiations at Number Ten Downing Street with the unions. These negotiations often referred to as ‘Beer and sandwiches’ talks from the 1970’s era of industrial disputes. Have been turned down by management because as Willie Walsh head of BA said ‘They are bloody cabin crew, they will have an unfair advantage as they serve Beer and sandwiches all the time.”
The Red Top travel correspondent was at Heathrow to ask passengers what they thought of the strike.
One traveller said. ‘It’s a disgrace, these union workers calling a strike have ruined my travel plans. I have spent 4 years saving up for this holiday. Well it would have been 3 but we had a pay freeze at work, and I could possible have saved in 2 but all our paid overtime was removed. Actually it would have been one year of saving but our company changed the pension plan and I have to pay in twice as much of my salary into that as well. Curse those unions for trying to stop a race to the bottom for workers rights.
Red Top Opinion Poll
The Red Top conducted an opinion poll on the crucial question facing the country today.
‘What would you do if you found your partner in bed with the captain of your favourite team?’
4% Would grab a kitchen knife and chase the Captain out of the house
38% Would grab their autograph book and a camera, to get a photo to show their friends that the captain had been in their house.
28% Would take a photo on their mobile of the Captain with their partner and then phone the press to try and make some money out of the story.
26% Would make the Captain a cup of tea and have a chat in the living room about how the season was going
4% Would grab a kitchen knife and chase the Captain from the house shouting ‘You idiot we have an important game tomorrow”
ISREAL says "Yeah Yeah USA. We won’t stop building settlements; you need us to blow the shit out of Iran.”
Prime Minister Benjamin Netanyahu has said that Israel will not stop building housing in East Jerusalem. He told reporters that the USA had kicked up a fuss but then remembered that they needed Israel to quote ‘Blow the shit out of Iran’s nuclear program’ as the US public would not accept its own forces doing it. He went on to say. “We are like the slightly arrogant friend who is an embarrassment at dinner parties, but useful if you get caught in any trouble in a night club on a Friday night.’
The Mayan 2012 Prophecy of Doom. Priest may have manipulated data says archaeologists.
In news that stunned the world of err End of World thought. Archaeologists have discovered stone tablets that seem to prove that Mayan Priest manipulated data to prove that the world would end in 2012. An archaeologist said ‘For New Age people there are a strong belief that some cataclysmic event will occur in 2012 based on the completion of the 5,125 year Maya long count calendar.
However we discovered information that showed Priests may have manipulated data. One stone tablet message from High Priest of the Mayan said ‘I have just completed the trick of adding in days to future years. So our end of world predictions happens thousands of years away. That way we don’t have to worry about being proved wrong.” This I think is damming evidence against the prophecy.
M15 and Special Branch swoop and arrest all blondes in UK
After two white blonde females in the USA were linked to Al-Qaeda. M15’s new £360 million pound terrorist profiling computer has produced data which resulted in all blondes under the age of 40 in the UK being arrested on suspicion of being terrorists. A member of special branch said ‘Well we sprang into action as the profiling computers sprayed out names. We have been busy arresting blondes outside night clubs, tanning salons, hairdressers and clothes shops. This gives a whole new meaning to Blonde bombshell’
There have been reports of Black haired, Brunettes and Red headed females celebrating in the streets with champagne. One Brunette with a bottle of Bollinger in her hand said. ‘Ha ha, who said blondes always have the most fun. Bet they look great in orange jump suits.”
Super drug has announced a massive increase in sales of hair dye.
(Ed. We would like to thank the photo editor who spend many hours last night researching the blonde photo)