Topic: | Re:Re:Government jet | |
Posted by: | Cllr Sam Hearn | |
Date/Time: | 20/11/15 12:39:00 |
Very interesting to see that the "journalists" at The Daily Mirror do not agree. They take exception to the 13 year payback period that the refitted plane project represents (£10m divided by annual savings of £775,000). Looked at another way this represents (crudely) an annual return of 7.6% at a time when HMG is borrowing at 1.4%. Looks like a good deal to me. Time for The Daily "gets much worse" Mirror to employ some new financial journalists? |