Ryan1984 Posted yesterday at 09:35 AM Report Share Posted yesterday at 09:35 AM M and S and Tesco announcing bumper Christmas sales. I thought the economy was broken and nobody had any money? If we go back a few months, this kind of news would be greeted with the quote ‘the plan is working’. Quote Link to comment Share on other sites More sharing options...
lost Posted yesterday at 10:26 AM Report Share Posted yesterday at 10:26 AM (edited) M&S are down 6% this morning, I think markets are more interested in whats going to happen: Quote Marks & Spencer has hailed a “good Christmas” with strong sales of food but warned that British businesses face higher costs from the government’s tax increases. Look at Greggs though down 10%. Is that our "working class getting priced out of fast food" moment that did for Biden? Edited yesterday at 10:27 AM by lost Quote Link to comment Share on other sites More sharing options...
steviewevie Posted yesterday at 10:34 AM Report Share Posted yesterday at 10:34 AM 57 minutes ago, Ryan1984 said: M and S and Tesco announcing bumper Christmas sales. I thought the economy was broken and nobody had any money? If we go back a few months, this kind of news would be greeted with the quote ‘the plan is working’. Wages are higher than inflation. Quote Link to comment Share on other sites More sharing options...
steviewevie Posted yesterday at 11:38 AM Report Share Posted yesterday at 11:38 AM Quote Link to comment Share on other sites More sharing options...
Kurosagi Posted yesterday at 02:48 PM Report Share Posted yesterday at 02:48 PM 6 hours ago, pink_triangle said: When it comes to the argument of free speech I feel the left should take some of the blame. To me there have been times where people have been no platformed when they should have debated and also challenging topics have been shut down instead of explored. This has played into the hands of the rights and at times been counterproductive. The rise of the use "progressive left" instead of just, you know, old fashioned "left" in mainstream politics has coincided with what feels like an insufferable moral purity spiral. It's as though people on the "progressive" left these days seem to have a list of current hobby horses and you can agree with 99 of them but if on one topic you go "hang on, are you sure about that? Let's talk a bit more about this..." and you're laughably branded 'bigot', 'far-right' or 'fascist'. It devalues the terms and ends up being counterproductive. Quote Link to comment Share on other sites More sharing options...
steviewevie Posted yesterday at 03:01 PM Report Share Posted yesterday at 03:01 PM 13 minutes ago, Kurosagi said: The rise of the use "progressive left" instead of just, you know, old fashioned "left" in mainstream politics has coincided with what feels like an insufferable moral purity spiral. It's as though people on the "progressive" left these days seem to have a list of current hobby horses and you can agree with 99 of them but if on one topic you go "hang on, are you sure about that? Let's talk a bit more about this..." and you're laughably branded 'bigot', 'far-right' or 'fascist'. It devalues the terms and ends up being counterproductive. fascist Quote Link to comment Share on other sites More sharing options...
Kurosagi Posted yesterday at 03:05 PM Report Share Posted yesterday at 03:05 PM 1 minute ago, steviewevie said: fascist Your mum once put out the recycling in the wrong bins. That's why LA is on fire. Literal genocide. Quote Link to comment Share on other sites More sharing options...
MilkyJoe Posted yesterday at 03:25 PM Report Share Posted yesterday at 03:25 PM 6 hours ago, steviewevie said: It's all gone Liz Truss. The pound against the dollar is at it's lowest since April last year but has some way to go to reach the depths of October 2023 and a long way to go to hit the levels of Sept 22 when it was looking for a while like it might reach parity. It was almost this low in April though. Just swings and roundabouts at the moment although the swings are a little more severe over the last 12 months. Quote Link to comment Share on other sites More sharing options...
steviewevie Posted yesterday at 03:30 PM Report Share Posted yesterday at 03:30 PM 2 minutes ago, MilkyJoe said: The pound against the dollar is at it's lowest since April last year but has some way to go to reach the depths of October 2023 and a long way to go to hit the levels of Sept 22 when it was looking for a while like it might reach parity. It was almost this low in April though. Just swings and roundabouts at the moment although the swings are a little more severe over the last 12 months. I think the main worry is lack of headroom for Reeves to remain in within her fiscal rules, so unless she's going to break them it could mean spending cuts to tax rises...something like that. Reading a few people saying that BoE should maybe ease up on the 2% inflation target with all the global stuff going on, maybe have to live with inflation a bit higher and start cutting rates to help the economy a bit...something like that again. Quote Link to comment Share on other sites More sharing options...
MilkyJoe Posted yesterday at 03:40 PM Report Share Posted yesterday at 03:40 PM 4 minutes ago, steviewevie said: I think the main worry is lack of headroom for Reeves to remain in within her fiscal rules, so unless she's going to break them it could mean spending cuts to tax rises...something like that. Reading a few people saying that BoE should maybe ease up on the 2% inflation target with all the global stuff going on, maybe have to live with inflation a bit higher and start cutting rates to help the economy a bit...something like that again. Yeah I'm a bit lost and largely ignorant when it comes to the actual reasons for the big fluctuations with the USD although a lot of it depends on the various reports and economic statements on both sides. I believe yesterdays spike was mostly reporting that trump was going to declare an emergency to push through tarrifs or something. Whilst I like to see a strong pound for the most part, I have my salary paid in dollars so I'm a bit of a turncoat where it comes to wanting it to be weak around payday!😂 Quote Link to comment Share on other sites More sharing options...
lost Posted yesterday at 03:43 PM Report Share Posted yesterday at 03:43 PM (edited) The worry is the pound falling as rates de-couple. As our rates raise people SHOULD want to hold pounds due to getting a better return. Rates rising on government debt and the pound falling at the same normally signals something is broken. Edited yesterday at 03:44 PM by lost Quote Link to comment Share on other sites More sharing options...
lost Posted 23 hours ago Report Share Posted 23 hours ago I didn't realise the state pension is means tested in Australia? Labour are apparently looking at their system. Quote Link to comment Share on other sites More sharing options...
steviewevie Posted 23 hours ago Report Share Posted 23 hours ago 23 minutes ago, lost said: I didn't realise the state pension is means tested in Australia? Labour are apparently looking at their system. that will go down well (but will save a lot of money) Quote Link to comment Share on other sites More sharing options...
steviewevie Posted 9 hours ago Report Share Posted 9 hours ago Quote Link to comment Share on other sites More sharing options...
steviewevie Posted 3 hours ago Report Share Posted 3 hours ago Quote Link to comment Share on other sites More sharing options...
steviewevie Posted 3 hours ago Report Share Posted 3 hours ago Quote Link to comment Share on other sites More sharing options...
John Galt Posted 3 hours ago Report Share Posted 3 hours ago On 1/9/2025 at 7:59 AM, pink_triangle said: When it comes to the argument of free speech I feel the left should take some of the blame. To me there have been times where people have been no platformed when they should have debated and also challenging topics have been shut down instead of explored. This has played into the hands of the rights and at times been counterproductive. My view is that we have a young generation of very talented people and we need them to find new and innovative ways to take on the populism. You don't need to look any further than this forum to see this is true, all those expressing anything approaching "right wing" views have been "disappeared". If your posts are removed and you are banned it's hard to explain your position through further debate! Quote Link to comment Share on other sites More sharing options...
steviewevie Posted 2 hours ago Report Share Posted 2 hours ago MODS! Quote Link to comment Share on other sites More sharing options...
stuie Posted 2 hours ago Report Share Posted 2 hours ago 35 minutes ago, John Galt said: You don't need to look any further than this forum to see this is true, all those expressing anything approaching "right wing" views have been "disappeared". If your posts are removed and you are banned it's hard to explain your position through further debate! Is that you, Barry? Quote Link to comment Share on other sites More sharing options...
John Galt Posted 2 hours ago Report Share Posted 2 hours ago 19 minutes ago, steviewevie said: MODS! Don't panic Stevie I've no intention of posting on here regularly again, no point. Quote Link to comment Share on other sites More sharing options...
MilkyJoe Posted 2 hours ago Report Share Posted 2 hours ago 44 minutes ago, John Galt said: You don't need to look any further than this forum to see this is true, all those expressing anything approaching "right wing" views have been "disappeared". If your posts are removed and you are banned it's hard to explain your position through further debate! Decisions to delete posts are not taken lightly unless they directly and clearly go against eFestivals community guidelines. There is a team of moderators working here to make these forums a better and friendlier place for all and posts/deletion of posts will be discussed if it is felt the need to do so before action is taken. If you or any other user isn't happy with a decision that has been made then you are free to contact any of the moderation team and they will happily explain the reasons for doing so. 1 Quote Link to comment Share on other sites More sharing options...
John Galt Posted 2 hours ago Report Share Posted 2 hours ago 1 minute ago, stuie said: Is that you, Barry? No. Quote Link to comment Share on other sites More sharing options...
John Galt Posted 2 hours ago Report Share Posted 2 hours ago 4 minutes ago, MilkyJoe said: Decisions to delete posts are not taken lightly unless they directly and clearly go against eFestivals community guidelines. There is a team of moderators working here to make these forums a better and friendlier place for all and posts/deletion of posts will be discussed if it is felt the need to do so before action is taken. If you or any other user isn't happy with a decision that has been made then you are free to contact any of the moderation team and they will happily explain the reasons for doing so. Sorry but that's not true, you can be banned without warning or discussion. Once you are banned there is no facility to contact a moderator, you simply cannot post, even a DM, you can email but I've been waiting since August for a decision from Iggy, there is no effective system to challenge an unfair ban. Discussing moderation is against guidelines also so no doubt this account will also be banned. What a ridiculous setup. Quote Link to comment Share on other sites More sharing options...
steviewevie Posted 1 hour ago Report Share Posted 1 hour ago What drama. Anyway...pound is plummeting...something about US jobs and interest rates. We need Trump to f**k that up but somehow not f**k us up. Quote Link to comment Share on other sites More sharing options...
MilkyJoe Posted 1 hour ago Report Share Posted 1 hour ago 20 minutes ago, John Galt said: Sorry but that's not true, you can be banned without warning or discussion. Once you are banned there is no facility to contact a moderator, you simply cannot post, even a DM, you can email but I've been waiting since August for a decision from Iggy, there is no effective system to challenge an unfair ban. Discussing moderation is against guidelines also so no doubt this account will also be banned. What a ridiculous setup. You can indeed be banned without warning or discussion but that is primarily for serious breaches of the guidelines or accounts that are known to be alt accounts created specifically to cause disruption to the forum. If you feel you have been unfairly treated in the past then drop myself or the moderator of your choice a DM and we will be happy to look at it objectively. There is nothing in the guidelines that prohibits discussing moderation you feel is unfair as long as it is a civil discussion. Will let this thread get back on track now. I'm sure Stevie is dying to post!😁 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.