Coastguard cuts and the sale of Northern Rock

The LibDems and Tories have today delightedly announced the sale of the “Northern rock bank” to “Virgin Money” for £747 which means a loss to the exchequer of  £653m.

 At the same time  they intend to push through  cuts to our vital coastguard services including the possible closure of our Crosby Coastguard. In comparison, the proposed cuts to Coastguard services  save annually,  about 1% of that, a mere £7.5m.


About Councillor, Sefton MBC

Councillor, Sefton Metropolitan Borough Council, Victoria Ward, Ward Chair'
This entry was posted in Banks, coastguard, CUTS, economy. Bookmark the permalink.

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