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    All in it together ?.....George Osborne`s family business reveals big losses.

    The company losses last financial year was £ 750,000.

    The third year in a row losses have been £ 150,000 the year before and £ 7,500,000 the preceding year.

    The company made workforce cutbacks saving £ 500,000.However the ``Directors`` have only taken a small reduction and have kept their salaries at more than £ One million.

    The company has increased borrowing by £ one million totalling now £ two million.

    The company continued to donate to Party Funds until 2010.

    The company turnover is £ 23 million.45% of sales are export..............35% to ``Europe``

    Company accounts review states ``the company will continue to focus on `cost control`

    ? ` when you are in deficit you cannot keep borrowing`

    ? `Director`s salaries did not suffer that much through out`

    Can we now bury ``we are all in this together`` ..............or is it all Brown`s fault ?

    Merry Christmas.

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