The "British Finance Minister" has lost his grasp on reality
Does your grocery bill seem high? May saw a 19.1 percent annual increase in the price of a basket of essentials, according to the Daily Mail Cost of Living Index with millions of families spending almost £1,000 a year extra on food. (See “Family budgets set to rise again as production costs climb at fastest pace for more than 20 years”)
Don’t worry though, the Westminster government has taken immediate action. According to the Guardian, the Chancellor, Alistair Darling has written a note to his bosses, in the EU, asking them to:
to extend the suspension of import tariffs on grains and re-think its biofuels policy to help ease soaring food prices in the 27-nation bloc.
and you thought we ran our fiscal policy? The Westminster government has very little real power left.
Alistair Darling then goes on to show a very slippery grasp of reality! According to Reuters:
He also called for an end to direct payments to EU farmers and the phasing out of all elements of the Common Agriculture Policy that are designed to keep agricultural prices in the region above world market levels.
Yes, and the EU is about to give us our fishing grounds back as well Alistair - you only have to ask nicely.
(Thanks to EURef for the ‘heads up’)
