Monday, April 24, 2006

BT Pension scheme

It appears the govt is not quite sure what sort of deal it has sone on the BT Pension scheme. One thing you can bet on is that it will cost us all money. ( New Labour can breath easily as its not their fault - but the old Tory Govt - however it should go onto Govt debt, which is bad news for us all and the current Govt. )

I'll declare an intrest here as I bought BT shares a few months ago - which have done poorely. This news has given them a small bump today - but looking at burningourmoney I don't think its going to pay of the debts the current govt has run up in our names.

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