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Old 29th January 2007 | 14:05
  #67 (permalink)  
steamchicken
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Joined: Mar 2002
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From: Surrey, UK
But don't you see - that £400 million is special, non-costy money, quite unlike the £40 million a throw for a new jet, which is ordinary money that costs. Only money that's paid up front is real money if you work for the Treasury.

Quite astonishing, I know, but 400 years on, HM Treas still hasn't quite grokked the distinction between assets and cashflow..
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