Monday, 9 March 2015

Conservatives Vs. Labour Party Over UK’s Surplus In Public Finances



According to UK Finance Minister George Osborne, the UK government finances showed a surplus of £8.8 billion in January based on ONS figures. The highest surplus, which is bigger than the forecast £6.5 billion for 2014, is something the Conservatives could be proud of.
Meanwhile, the Labour Party said that bonuses at the top distorted the figures. These bonuses were delayed from the previous year to take advantage of the top rate tax cut.