Well folks the LibConmen have given us their first budget. After spending their time since election informing the nation of the perilous nature of the country's economy I guess we all new what to expect. Or did we.... was their some faint hope that "we're not going to allow a North South divide to reappear", certainly that would have been your conclusion if you were taken in by Mr Clegg. Oh those poor people of Sheffield.
Alas in the run up to the budget Sheffield Forgemasters lost the promised loan from the goverment that would have allowed them to invest in jobs and manufacturing here in the UK. Jobs which will now go abroad. Hartlepool lost it's new Hospital as Mr Cameron stated to Andrew Marr "no cuts to front line services". Clearly the front line for Cameron and Mr Osbourne is the tuck shop at Eton.
Of course as our leaders say the finances are in such a mess that cuts are necessary and we all must pay. A little news item which slipped under the radar is that our new administrators have since the election spent £17698 of our cash on wine. That's £48.75 for each coalition MP. You see they are clearly sharing the burden, they are so worried about how the cuts may affect us ordinary folk that they need a stiff drink of an evening. Also of interest news that those in charge of the top ftse 100 companies saw their pay rise by 20%. Employers were let off the National Insurance rise while the workers unfortunately had to burden this rise. Sharing the load indeed.
And so to the budget. Benefit cuts for the poorest non dom tax status for the wealthy.