Chancellor guilty of theft? : Fri Feb 12, 2016 8:36 am
I don't know how I missed this but it seems that Osborne has encouraged merger of Local Government Pensions Schemes (contributory) and is now rebranding them as a sovereign wealth fund (when the funds are no such thing) and is to direct them to invest in his pet infrastructure programmes. So robbing from the punters to pay construction companies (often foreign) to build political vanity projects that nobody else would fund due to . If you are a member of such a scheme are you protesting as surely their long term values will slip? Seems the thin end of the wedge - what next will government steal, Other forms of private savings, houses deemed too big for you?