Earlsdon_Skyblue1
Well-Known Member
To think some people actually voted for him.
My favourite comedian.
From 2015-2017 he was saying all the things I wanted to hear from a Labour politician. After that he nosedived.To think some people actually voted for him.
From 2015-2017 he was saying all the things I wanted to hear from a Labour politician. After that he nosedived.
Fair enough. I always thought he was a lunatic!
Kaba should have emulated Corbyn in putting his hands above his head.
When are the BOE going to speak, usually get a clue about middle of the month don't we? Get in line with the others FFS!
So they miss October completely, bastard's! Unless it's to actually make the announcement!7th Nov is their next meeting apparently.
What’s the fixation with the BoE?When are the BOE going to speak, usually get a clue about middle of the month don't we? Get in line with the others FFS!
Probably want to see what disaster befalls the markets after the budget on 30th October.So they miss October completely, bastard's! Unless it's to actually make the announcement!
Quite simply the rate they normally go around middle of month,if we were exporting it's currently high compared to the other rates out there?What’s the fixation with the BoE?
But why are you so fixated about BoE rate? Do you have a regular wager On it? Do you hope it will go down so that mortgages are cheaper and house prices will increase?Quite simply the rate they normally go around middle of month,if we were exporting it's currently high compared to the other rates out there?
What's the deal with the pensions? Are they planning to start taking some from my employers contribution?
Another one is putting NI on employer’s contributions. Additional cost to employers so the thinking is they may reduce the amount they contribute leading to lower pensions. Gordon Brown mk 2.Rumour is about cutting the tax free lump sum you can take out I think.
Another one is putting NI on employer’s contributions. Additional cost to employers so the thinking is they may reduce the amount they contribute leading to lower pensions. Gordon Brown mk 2.
Could lead to reduction in jobs or increased prices for goods and services.
I have read that cutting the lump sum could be challenged legally, people would have made long term decisions based on the expected lump sum - e.g. paying off mortgages.
The oppo new what they were doing with that oneDon’t we have some of the lowest employer contribution levels in Europe? I’d reverse the NI cut but they’ve backed themselves into a corner on tax.
They certainly did, especially as it had increased to contribute to changes to social care cap which Labour have now dropped - another attack on pensioners.The oppo new what they were doing with that one
They certainly did, especially as it had increased to contribute to changes to social care cap which Labour have now dropped - another attack on pensioners.
??? how do we figure that out?They certainly did, especially as it had increased to contribute to changes to social care cap which Labour have now dropped - another attack on pensioners.
I imagine at the time that they hoped somewhere in the dim recesses of their mind to still be in office. But yes, agreed.That would be the cap they delayed for a decade then planned for after they left office?
I think it falls in same bucket as the NI cuts TBH. Just more vandalism.
Care needs fixing though. It’s destroying poor councils, some spending upwards of three quarters of their budget on care alone. It’s devastating families and driving immigration. Sadly the best we’ve heard so far is another “commission”, so nothing.
Just spend the fucking money and stop worrying about fiscal rules, the whole debate is based on a false premiseThat would be the cap they delayed for a decade then planned for after they left office?
I think it falls in same bucket as the NI cuts TBH. Just more vandalism.
Care needs fixing though. It’s destroying poor councils, some spending upwards of three quarters of their budget on care alone. It’s devastating families and driving immigration. Sadly the best we’ve heard so far is another “commission”, so nothing.
Just spend the fucking money and stop worrying about fiscal rules, the whole debate is based on a false premise
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The markets do not dictate anything - the government chooses to sell them bonds, it does not need to. It can set the rate and if they don't want to buy them, they can go elsewhere for the rock solid government backed investment denominated in £ - where they going for it?
Interesting read from last week
Rachel Reeves should not appease bond market vigilantes
In preparing her inaugural Budget, she would do well to ignore advice from market sageswww.ft.com
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Yeah, saw it last week and I agree with the overriding sentiment ie that Reeves shouldn’t allow the markets to dictate policy but I believe the article is really talking about investment/growth spending
‘Such plans will never be welcomed by the bond market. This is partly because more public investment is likely to mean a greater supply of gilts. But it is mostly because more investment will boost economic growth. This is anathema to bond investors. Paradoxically, such an acceleration is exactly what Britain needs if it is to move on to the path to long-term fiscal sustainability — a cause that they like to champion.’
I want us to borrow to invest, if we can’t improve growth and productivity we’re fucked. My biggest concern about the budget currently is that the focus on growth will be watered down and some policies may discourage investment. However i was saying you can’t just spend whatever you want and if the day to day running cost deficit is not seen to be controlled we will end up paying a lot more to fund the deficit and we’d ultimately have to print more…which debases currency etc etc
ultimately it will come down to how well the government spends ‘our’ money
Is the bond market what screwed Trussenomics?Yeah, saw it last week and I agree with the overriding sentiment ie that Reeves shouldn’t allow the markets to dictate policy but I believe the article is really talking about investment/growth spending
‘Such plans will never be welcomed by the bond market. This is partly because more public investment is likely to mean a greater supply of gilts. But it is mostly because more investment will boost economic growth. This is anathema to bond investors. Paradoxically, such an acceleration is exactly what Britain needs if it is to move on to the path to long-term fiscal sustainability — a cause that they like to champion.’
I want us to borrow to invest, if we can’t improve growth and productivity we’re fucked. My biggest concern about the budget currently is that the focus on growth will be watered down and some policies may discourage investment. However i was saying you can’t just spend whatever you want and if the day to day running cost deficit is not seen to be controlled we will end up paying a lot more to fund the deficit and we’d ultimately have to print more…which debases currency etc etc
ultimately it will come down to how well the government spends ‘our’ money
Is the bond market what screwed Trussenomics?
Is the bond market what screwed Trussenomics?
Is the bond market what screwed Trussenomics?
Does it really matter if the Commonwealth crumbles? Let it.From the same woman who said Chris Kaba was a fine young man.
How have we got so many idiots representing us? This whole thing on reparations is utterly ridiculous.
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