Money: Housing Cuts – 25th Jan 10

Half a million affordable homes could be axed from the Government’s building plans if earmarked public spending cuts take place, warns the National Housing Federation. Do bankers and top footballers really deserve their astronomical wages? Wayne Rooney is set to get paid £150,000 a week while Goldman Sachs’ 100 UK-based partners are capping their pay and bonuses for 2009 at £1m each. Finally, almost thirty regulars of “The Star Inn” in Manchester took matters into their own hands after the pub was set to close and got together to buy the pub themselves. It opens today as a Co-operative.

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