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OK Tony, I give up.

The point is Tone, that more or less, essential are VAT exempt. It's only items that we don't need to buy that attract VAT.

I don't have the figures to hand, however - let's use this as an approximation. Fuel spend per year = 100. At 5% that brings in 5 in VAT. All other goods and services = 1,000,000,000. At 20% that brings in 200,000,000. Offsetting the fuel VAT (which isn't really the point anyway - as heat...

How much money do you think we spend on fuel versus all other goods and services Tony? Offsetting the VAT from fuel might mean a current VAT rate of 19.9965%, practical? Further, that's not really the point is it? The UK, generally, tries to ensure that key essentials are not VATable. VAT is...

What on Earth has VAT on goods and services got to do with legislation over VAT on fuel?

Not true. VAT was raised from 15% to 17.5% in 2008 (not decades ago) after the crisis. It was then raised again to 20% in 2010 - for the same reasons.

That seems sensible. But we have to add in the EU assets of which we have a share. Same deal: subtract those the EU agrees and add the others into an independent review by a third party.

#RyanHaynesisthenewBaleDay

Enough for me, at my age etc. etc. :) Not enough for a carefree life if you are 21.

I'm not discussing things with you if you are going to be disingenuous.

He said this after the manifesto had been published.

Here's a link to McDonnell's Wealth Tax ideas (video within the article): Revealed: Labour would grab 20 per cent of assets from Britain's richest people if elected 20% from the savings of the 10% most wealthy in the country. That would hit people with wealth of just over £1m. Article: Main...

Oopsy, you missed off the end: “And I don’t see why those that had the historical misfortune to be at university during the £9,000 period should be burdened excessively compared to those that went before or those that come after. I will deal with it.” And you missed off the Imran Hussein...

No he didn't commit. However he implied, inasmuch that someone might easily have believed from what he said that he would wipe the debt. I don't get the attention this is attracting. Even if he intended to deceive (and I don't believe that he did) he won't be the first or last politician to...

Not my memory. I recall him saying that he would 'deal with it'. Not that I'm too worried by this; in fact I'm glad that when he saw the numbers he reversed his position - shows that there is at least some sense of realism there.

Here are Kraftwerk covers in the style of Mexican bossa nova:

I was thinking about the lottery last week - with the record prize and all that. I seldom buy a ticket but I did that week and started thinking about what I would do if I won. I'm with Otis. £1 million would be more than enough for me to stop work completely, move house (more than anything...

Of course she has; that's her job. Stopping Brexit may well be best for Germany; the EU have had ample opportunities to reform so that the EU works for everyone and they have declined to do so. Had they made more of an effort instead of assuming that Britain would stay, then I don't believe...

They are playing extreme hardball, I imagine believing they are so big that they can railroad over everything. The media is moaning about lack of progress and some are leaping on the opportunity to rubbish the UK or using it for political ends (me and my ragtag bunch of innumerate Marxists...

Don't know if it has been mentioned on here (drifted away as everything became circular). Merkel gave a talk to German industry recently and said that she would seek the deal most favourable to Germany. Although this should be bleeding obvious, it's good to hear her say it.