Wage cuts and Builder bailouts

[yehbut_nobut]

remember the HomeChoice Loan Scheme? For those not familiar, it's the government's plan to give subprime mortgages from scarce tax revenue to the (presumably stupid) people refused by the banks. Only applies to unsold, empty, new properties.

It doesn't look like there'll be much takeup of the HCL scheme anytime soon.
Are the government looked for any savings cuts there?

Just in case that scam failed, they've also earmarked €96m for taking long term (20 year) leases on other unsold toxic properties. Any plans for reduction in spending there?

CIF would be cross, true. But of course, the government doesn't like upsetting that union, do they?

[jc_ie]

remember the HomeChoice Loan Scheme? For those not familiar, it's the government's plan to give subprime mortgages from scarce tax revenue to the (presumably stupid) people refused by the banks. Only applies to unsold, empty, new properties.

It doesn't look like there'll be much takeup of the HCL scheme anytime soon.
Are the government looked for any savings cuts there?

Just in case that scam failed, they've also earmarked €96m for taking long term (20 year) leases on other unsold toxic properties. Any plans for reduction in spending there?

CIF would be cross, true. But of course, the government doesn't like upsetting that union, do they?

Thank f**k.

Parlon should be strung up for that one.

[yehbut_nobut]

Thank f**k.

Parlon should be strung up for that one.

Of course he wont be - Cowen & co would never shaft Country Tom and his band, would they? Even if it could save almost €.6bn