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Miliband predicts “a year of consequences” for Britain

Labour leader Ed Miliband says 2011 will be “a year of consequences” for Britain as the coalition Government’s rapid deficit reduction efforts filter through to the economy.

In his New Year message, Miliband accuses the Government of cutting the shortfall at an “irresponsible pace and scale”.

Miliband says: “2011 will be a year of consequences for Britain. Consequences that will be felt by hardworking families across the country. Consequences of the decision taken to reduce the deficit at what I believe to be an irresponsible pace and scale.”

In March, the Office for National Statistics said net Government borrowing had reached £159.8bn.

The message follows a warning from the Trades Union Congress that 2011 will be a “horrible year” for society and Government. In an interview with The Times, Public and Commercial Services Union leader Mark Serwotka says strikes are “inevitable”.

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Comments

There are 9 comments at the moment, we would love to hear your opinion too.

  1. Milliband should get real and if Brown had not paid out billions to banks and on quantitive easing then the medicine that we have to take will not be so bad. However, Milliband needs to wake up and realise that there is no gain without pain and far too many people are looking for money for nothing hence the reason record money is being punted with bookies and lotteries.Perhaps, we should be taxing the winnings from these sources?

  2. No doubt Mr Milliband will help to make it even harder for us to move forward and get out of the mess his party created.

    Incredible that he can make such comments when he was in the Government that put us all in this massive financial mess.

    One hopes one day we will get a Government that puts Great Britain before their own interests, which sadly seems unlikely.

    Maybe our MP’s should be “regulated” by a new Parliamentary Services Authority with MP’s made to take exams so they all know about the hundreds of Acts of Parliament and the laws of the land and also be obliged to give out Key Facts documents when they make new policies etc.

  3. Yes, 2011 WILL have a lot of consequenses for Great Britain – mainly because of the complete mess left by the previous government and the FSA who watched over the disasterous “Borrow Instead of Save” mentality pushed forward by the banks during their tenure. While I fail to agree with a lot of what the present government are doing because of the reduction in oportunies in education and support for new, small businesses, I fully support moves to reduce the waste of public money on unproductive civil servants and public funding of civil service pensions.

    Michael: I agree. MPs required to understand what they are actually doing – and retrospective legislation to require previous MPs and Ministers – and Civil Servants – to be financially accountable for their own mistakes and excesses – Be interesting to see what their PI costs would be to cover that sort of risk !

  4. The History books suggest that Ed is probably right. In 1929, the Developed World experienced conditions that had close similarities to 2008. Most Governments first applied policies that are similar to what the UK Coalition is now running. They led the USA into a fanancial collapse in 1932. Different countries took different long term actions. The choices seemed to be between carefull reflating (The New Deal) and Authoritarianism/Militarism. I know which one is the more attractive.

  5. Mr Miliband should avoid using the word irresponsible when trying to criticise others as he was part of the group of idiots that got us into this mess. If I can slightly correct “political analyst”‘s comment – of the £700 billion in debts that Labour have run up for us, only about £30 billion relates to the banking crisis. The rest is as a result of the same Socialist mis-management of the economy that also left us in a terrible mess in 1979. We should be taking all the members of the last government and seizing all their assets for putting us in this mess and they should all be barred from political life permanently. An IFA acting so irresponsibly would lose their authorisation. There should be a similar penalty for MPs who leave us in a mess like this. Gordon Brown, for starters, should be doing 20 years!!

  6. A bit rich coming from a party that has no plan other than spend money it doesn’t have and would tax the population to death while feathering their own nests like the last mob of Brownites of whom red Ed was one!

  7. Don’t you just love politicians? Such short memories. So little talent. I heard a union leader on the radio this afternoon threatening to disrupt the royal wedding – truly pathetic.

  8. May 1997 was a “year of consequences for Britain” as Labour embarked upon it’s economic collision course for which all UK taxpayers are now paying the price.

    Miliband is an ineffective leader, and I predict his party will ditch him within 18 months.

    One last point “political analyst”.

    I have for several years obtained a very lucrative, tax free, and perfectly legitimate income from betting responsibly and logically on horses.

    Maybe you should become one of the 2% of people who like myself, are fortunate enough and have the self discipline to do this rather than suggesting that this income source be taxed!

  9. This is nothing more than something that the opposition needs to be heard to be saying. If the current government was taking things at a more measured pace, then doubtless Labour would instead accuse the government of dithering and indecisiveness. It’s just hot air and empty rah-rah. Take no notice..

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