George Osborne’s failure to purchase Gold has cost the UK taxpayer up to £4.5bn says John Rentoul:
The Tories ought to be embarrassed that the gold price has continued to rise since the election last year. At a rough guess I thought £2bn of the £12bn “loss” that they cite occurred while George Osborne was Chancellor - Thomas Penny of Bloomberg thinks it is more like £4.5bn
The Tories have been rather hypocritical. The following are tweets from the “ToryPressHQ” Twitter account:
These were taken from the Tory Twitter feed over the past two months.
George Osborne has wasted up to £4.5bn of taxpayers money……………