Another sleight of hand on Britains debt.

(Image thanks to Anglo Saxon Chronicles blog).

As debt rose to a percentage of GDP not seen since the dying days of the last Labour maladministration - 47.8 per cent - the Office of National Statistics has let it be known that this figure ignores the costs of the recent bank bailouts the equivalent of another 100 odd per cent of GDP which has been shuffled elsewhere for later release, one report here.

The money has been spent and gone anyway, why do Brown and Darling thus try to hide the facts, merely to hang on to their salaries and perks for a few more weeks is my guess!

These guys are coming down, to join their fellow islanders in the rubble of a blown economy!