In David Cameron we have a leader whose job is to quietly legitimise a semi-criminal, money-laundering economy
'I would love to see tax reductions," David Cameron told the Sunday Telegraph at the weekend, "but when you're borrowing 11% of your GDP, it's not possible to make significant net tax cuts. It just isn't." Oh no? Then how come he's planning the biggest and crudest corporate tax cut in living memory?
If you've heard nothing of it, you're in good company. The obscure adjustments the government is planning to the tax acts of 1988 and 2009 have been missed by almost everyone – and are, anyway, almost impossible to understand without expert help. But as soon as you grasp the implications, you realise that a kind of corporate coup d'etat is taking place.
Like the dismantling of the NHS and the sale of public forests, no one voted for this measure, as it wasn't in the manifestos. While Cameron insists that he occupies the centre ground of British politics, that he shares our burdens and feels our pain, he has quietly been plotting with banks and businesses to engineer the greatest transfer of wealth from the poor and middle to the ultra-rich that this country has seen in a century. The latest heist has been explained to me by the former tax inspector, now a Private Eye journalist, Richard Brooks and current senior tax staff who can't be named. Here's how it works.
Exclusive: Leaked Whitehall document says cancer research and social care could be hit
Health secretary Andrew Lansley has come under pressure from David Cameron to prove he can deliver his NHS reforms. Photograph: Lewis Whyld/PA
A "complacent" Department of Health will face an annual £10bn shortfall unless it speeds up efficiency savings across the NHS and considers cuts to social care and cancer research charities, according to a secret Whitehall report leaked to the Guardian.
The damning report warns that ministers will face an "unpalatable trade-off" between longer waiting times or a massive increase in the NHS budget unless dramatic savings are found.
It also warns that the central reform proposed by health secretary Andrew Lansley – to devolve 80% of the NHS budget to GPs – could have "patchy" results.
The findings are outlined in a blunt letter to Danny Alexander, the Treasury chief secretary, from the Independent Challenge Group, which was set up at the time of the budget in June to question Whitehall thinking.
Ministers are to give details about a "once-in-a-generation" re-examination of the way the government works, as it prepares to make "painful" cuts.
The Treasury is to ask for the public's views on which functions the government should perform and which could be done by other bodies to save money.
A "star chamber" of senior figures will be created, before which ministers will have to justify their spending.
The PM has warned of unavoidable cuts ahead as he tackles the budget deficit.
David Cameron said on Monday the country must prepare itself for painful and unavoidable cuts which will affect "our whole way of life".
The Conservative-Lib Dem coalition government has already outlined plans for £6.2bn of cuts this financial year and is preparing for an emergency Budget on 22 June and a departmental spending review in the autumn.
Labour says the government is wrong to focus on cuts not growth.
Business Secretary Vince Cable has said he plans to take a "tough line" with parts of the UK banking system.
Mr Cable said he would press banks to ensure they were meeting lending targets, especially those to small and medium-sized businesses.
He said this was a key factor to help an early economic recovery.
Mr Cable had earlier faced questions from MPs seeking assurances about £730m worth of help for business which is now under review.
The review of the previous government's pledges is part of efforts to cut public spending this year.
"We inherited a very large number of projects which were agreed in a hurry in the run-up to the last general election," Mr Cable told MPs in his first business questions in the House of Commons.
'Stifle recovery'
In what was described as his first major speech as business secretary, Mr Cable pledged to "redouble our efforts to ensure that bank lending agreements from banks that have benefited from taxpayer subsidy are being honoured - especially for SMEs [small and medium-sized enterprises]".
He went on to say the banks were wrong to say there was no demand.
"If the bar is set too high, of course no one is willing to jump," said Mr Cable.
"The current risk aversion by banks in the SME sector will stifle recovery and, if it does, will actually rebound on the banks through bad debt."
As Britain waves good bye to one non elected PM we welcome in another non elected PM.
With the news the Tory's have selected some of the most right wing Tory's back into government - lets wait for all scandal and controversy to start.
At least this has now reduced as down to only two electable parties - as I believe the electorate will and should punish the Lib Dems for backing the Tory's.
If the Tory's return as the old Tory's will can look forward to another election in early 2011.