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Anonymous 17:19 - Sadly, its worse than you say. Lost interest on £1billion, assuming the base rate does rise later this year as forecast, would be at least £7.5 million a year (considerably more as the rate drifts upwards) so the initiative never pays for itself. And that is just in cash terms. The effect of inflation will be to reduce the value of each successive year's £6million pay-back, adding further to the deficit. The whole thing is a swivel-eyed farce.