Brown knew all along. No surprise there then

So it seems that Gordon Brown was warned but chose to ignore the impact of his disastrous tax raid on pensions. I am sure nobody has fallen off their chair in shock at hearing that news.

Perhaps more importantly is the latest unravelling of Browns most recent Budget disaster. The Conservatives have put out a press release which provides evidence which contradicts Brown's only justification for his decision to raise taxes for those on low incomes - that those affected will be able to claim more Tax Credits. Apparently the Treasury have admitted that they do not expect to see a rise in the amount of Tax Credit claimed, which the Conservatives put down to having an application system that is over-complicated. Once again, nobody will be particularly surprised at that. David Moribund however will be absolutely delighted.