UK Politics

[steviewevie]

50 minutes ago, pink_triangle said:

Agreed in an ideal world, but do all parties sign up to this honesty? If not are the ones that do punished or rewarded?

I don't know, they're never honest so we never find out 

[fraybentos1]

15 hours ago, LJS said:

Maybe I'm being picky here, but  as I understand it, an "electricity company" would generate, distribute or sell electricity. Is GBE going to do any of these?

Maybe it's like the SNP's state run electricity company from 2017? That hasn't produced much either... can't think why

[Nobody Interesting]

11 hours ago, steviewevie said:

 

 

It should be no surprise, it is widely known the UK has had this for several years and was part of why Truss's budget went down so badly.

Let's just hope wealth taxes are the way they deal with it - they are popular so fecking do it.

[steviewevie]

29 minutes ago, Nobody Interesting said:

 

It should be no surprise, it is widely known the UK has had this for several years and was part of why Truss's budget went down so badly.
 

?

 

£20bn is basically the price of Jeremy Hunt's tax cuts in the spring.

[Nobody Interesting]

1 hour ago, steviewevie said:

?

 

£20bn is basically the price of Jeremy Hunt's tax cuts in the spring.

 

That cost an estimated £14 billion - a year, every year.

The £20 billion was even talked about by Hunt in his first emergency budget.

[steviewevie]

 

[steviewevie]

38 minutes ago, Nobody Interesting said:

 

That cost an estimated £14 billion - a year, every year.

The £20 billion was even talked about by Hunt in his first emergency budget.

the emergency budget was about reversing Kwarteng's tax cuts. The spring budget this year was Hunt using some made up fudge for OBR to do some NI cuts without having to do where spending cuts would have to be to pay for it....and now Reeves has to sort it out.

[Nobody Interesting]

3 minutes ago, steviewevie said:

the emergency budget was about reversing Kwarteng's tax cuts. The spring budget this year was Hunt using some made up fudge for OBR to do some NI cuts without having to do where spending cuts would have to be to pay for it....and now Reeves has to sort it out.

 

One part at a time:
1) "the emergency budget was about reversing Kwarteng's tax cuts." Not all were reversed, some like the tax cuts for banks were kept
2) "The spring budget this year was Hunt using some made up fudge for OBR to do some NI cuts" Where is the proof of made up fudge for the OBR? They are independent and have access to all information.

You also ignored the several other statements and budgets inbetween but none of that really matters as in Oct 2022 the figure of £20 billion was used and back then described as a black hole and as I said the NI cuts are £14 billion a year every year so the maths does not add up to what you suggest.

[steviewevie]

Mel Stride is in...the dark horse. Hope he gets it 

[steviewevie]

29 minutes ago, Nobody Interesting said:

 

One part at a time:
1) "the emergency budget was about reversing Kwarteng's tax cuts." Not all were reversed, some like the tax cuts for banks were kept
2) "The spring budget this year was Hunt using some made up fudge for OBR to do some NI cuts" Where is the proof of made up fudge for the OBR? They are independent and have access to all information.

You also ignored the several other statements and budgets inbetween but none of that really matters as in Oct 2022 the figure of £20 billion was used and back then described as a black hole and as I said the NI cuts are £14 billion a year every year so the maths does not add up to what you suggest.

think main negative of that Truss budget is OBR and fiscal rules limiting what can borrow to plug any holes.

[lost]

Apparently the cheaper energy bills pledge has been dropped along with the tax one. When reality meets idealism etc..

[pink_triangle]

1 hour ago, steviewevie said:

Mel Stride is in...the dark horse. Hope he gets it 

I think there is only marginally more chance of him getting it than either of us.

[steviewevie]

 

[steviewevie]

Need to find another 10bn for this...on top of that 20bn...

 

[Nobody Interesting]

15 minutes ago, steviewevie said:

Need to find another 10bn for this...on top of that 20bn...

 

 

The 20bn is a one off, the pay rise will need covering every year and then the rises in future years on top of it.....................

In simple terms, unless something new is added/tried the entire picture is unsustainable.

[steviewevie]

Just now, Nobody Interesting said:

 

The 20bn is a one off, the pay rise will need covering every year and then the rises in future years on top of it.....................

In simple terms, unless something new is added/tried the entire picture is unsustainable.

 

not sure it's as simple as that.

 

Anyway...I think the cost of more strikes outweighs doing this pay increase.

[Nobody Interesting]

15 minutes ago, steviewevie said:

 

not sure it's as simple as that.

 

Anyway...I think the cost of more strikes outweighs doing this pay increase.

 

Yes the cost of strikes outweighs the rise............... but it is all, as a whole, totally unsustainable unless the UK changes something somehow or tries something new.

Debt at 99.5% of GDP, growth likely to remain low, interest on debt £80bn a year and rising, taxes already very high (apart from on the really wealthy) and every govt department wanting and needing more money................. how is this all in any way sustainable??

Edited July 26 by Nobody Interesting

[steviewevie]

9 minutes ago, Nobody Interesting said:

 

Yes the cost of strikes outweighs the rise............... but it is all, as a whole, totally unsustainable unless the UK changes something somehow or tries something new.

Debt at 99.5% of GDP, growth likely to remain low, interest on debt £80bn a year and rising, taxes already very high (apart from on the really wealthy) and every govt department wanting and needing more money................. how is this all in any way sustainable??

 

growth init

[steviewevie]

It would be good if they binned NI and stuck it all on Income tax.

But they won't. They'll just do some stuff on capital gains and inheritance and upset all those blue wall voters they won over.

[Nobody Interesting]

23 minutes ago, steviewevie said:

 

growth init

erm, the very post you replied to says £growth likely to remain low" so................................ growth innit means the UK is set to fail. More.

[Nobody Interesting]

22 minutes ago, steviewevie said:

It would be good if they binned NI and stuck it all on Income tax.

But they won't. They'll just do some stuff on capital gains and inheritance and upset all those blue wall voters they won over.

 

Did they actually win that many over? Only 1.6% more votes than 2019 and despite the polls showing 40-44% consistantly they only got 34%.

[steviewevie]

9 minutes ago, Nobody Interesting said:

erm, the very post you replied to says £growth likely to remain low" so................................ growth innit means the UK is set to fail. More.

well growth not remaining low is the plan.

[steviewevie]

9 minutes ago, Nobody Interesting said:

 

Did they actually win that many over? Only 1.6% more votes than 2019 and despite the polls showing 40-44% consistantly they only got 34%.

ok, upset the couple of blue wall voters they won over.

[Nobody Interesting]

1 minute ago, steviewevie said:

well growth not remaining low is the plan.

 

More like a hope than any sort of plan - or if there is a plan they certainly are not telling anyone what it is.

[steviewevie]

1 minute ago, Nobody Interesting said:

 

More like a hope than any sort of plan - or if there is a plan they certainly are not telling anyone what it is.

or you aren't listening.