You are a cleaner working long hours, scrubbing toilets while you struggle to support your family. Each month, you look at your pay check, and see that some money has been deducted for income tax and national insurance. “Ah”, you sigh, “I have less but at least I am paying for schools and hospitals.” Wrong. This cleaner, like hundreds of others, is paying tax solely for the benefit of the disgraced former chief executive of Northern Rock, Adam Applegarth, who is to receive a pay-off of Â£760,000 for utter failure. This money would have funded SBS for six years.
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Filed in: Current affairs