SAD MUSIC TO MY EARS

PM David Cameron today told us that we are in for decades of life-changing austerity. This is sad music to my ears, but is what I am waiting for to support the application of The Fraud Act 2006 Section 4 (1)

(1) A person is in breach of this section if he—

(a) occupies a position in which he is expected to safeguard, or not to act against, the financial interests of another person,

(b) dishonestly abuses that position, and

(c) intends, by means of the abuse of that position—

(i) to make a gain for himself or another, or

(ii) to cause loss to another or to expose another to a risk of loss.