You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
According to a YouGov poll in today's Times newspaper 47% of Tory voters want the energy companies to be renationalised, in contrast 28% of Tory voters want to maintain that Thatcher's legacy and keep them privatised.
That is how serious the situation is - far more Tory voters now support what we are told is a "hard left" policy than the moderate status quo.
However with none of the three major UK parties supporting renationalisation they might as well carry on voting Tory.
The other thing is, they keep pitching tax cuts as "helping the poorest and most needy in our society"- but generally teh tax cuts they're talking about, don't help the poorest. Petrol tax cuts that don't help people that don't own cars, income tax or ni for people that are below the thresholds, inheritance tax, capital gains tax, etc etc.
Both candidates promised 1p cut on income tax will cost £5bn and over half of that goes to the 20% wealthiest taxpayers in the country. None of it goes to anyone earning under £12000. Someone earning £20000 gets a £74 tax cut, someone earning £50000 gets a £374 tax cut.
And Truss's rumoued 5% vat cut that would cost £38bn a year won't be reliably passed on to the consumer, and disproportionately benefits wealthier people since it's obviously no benefit for 0 rated and 5% rated purchase which make up more of the spending of lower income people.
Their biggest cuts are corporation taxes. The cost of increasing the inheritance tax levels is £770m and it's entirely a bribe for people with expensive houses, when "the poorest and most needy" of course are not inheriting £325000.
Do people really pay attention to apparent policy differences between candidates? After years of Johnsonian lies and obfuscation, I think people are expecting U-turns are making judgements on who they like the look of, who is white, who's got upper class mannerisms etc ie it's becoming presidential.
There are already alarm bells ringing in the Tory party about Thick Lizzie's 'manifesto', the lady is for turning.
Both candidates promised 1p cut on income tax will cost £5bn and over half of that goes to the 20% wealthiest taxpayers in the country. None of it goes to anyone earning under £12000. Someone earning £20000 gets a £74 tax cut, someone earning £50000 gets a £374 tax cut.
Yep it’s a total farce, it’s like a free Costa coffee a month for most people.
(With a cake for the lucky few).
Oh and a vat cuts fine if you’ve got disposable income but the energy prices will soon put paid to that and that’s before the other price rises due to the cost of energy get passed on.
Some way smarter thinking is required,it’s yet another U.K. slow motion car crash in action.
There are already alarm bells ringing in the Tory party about Thick Lizzie’s ‘manifesto’, the lady is for turning.
You can’t call Liz ‘thick’,she lives in a grace and favour mansion soon to move to an apartment with real gold wallpaper and will have a car an driver and will not be cold this winter.
Now the people who facilitated this mess,getting more fair game the longer the farce plays out.
If Truss wants to win the next election she will have to do something about energy prices.
She could just wait until the Russia/Ukraine thing sorts itself out, and then declare Victory, while also telling everyone that a vote for Labour is a vote for the breakup of the United Kingdom, etc, etc, etc.
Job done. Greatest PM Since Thatcher! Five More Years! The headlines practically write themselves.
Well, there's a surprise...truss has just pulled out of an interview with Nick Robinson scheduled for tomorrow.
Continuing to avoid any form of scrutiny.
She's, apparently,'too busy'; scared of being asked questions to which she has no clear or convincing answer is the real reason.
Prime ministerial?
No, cowardly.
The more I look at this, the more I'm actually wondering if the Tories actually want to lose the next election. The comfy (ERG) majorities won't give a toss as they'll keep their seats. The red wall seats will be a sacrifice, and a few pals they know will be unfortunate casualties. Truss will get kicked out too so, meh, unlucky.
The important thing is they'll leave this country in an absolute shambles (albeit with a few rich pals getting some perks) and Labour will have no money or time to sort it out.
Then they can blame it all on Labour for the short of memory blue rinse brigade for the next election and, voila, another 12 years plus in power again.
Continuing to avoid any form of scrutiny.
So why did she agree to the interview in the first place then? Agreeing to an interview when you don't want to be scrutinized makes no sense.
Probably not the thread for this, but could the gov not create a publically owned energy company to compete with the current crop. All the current ones that go pop have their customers transferred to this new one automatically. Good rates (no shareholders to pay for), possibly even loss leading prices, no mental prices for prepaid meters etc.
(And I know thats a retorical question as their pals who run current energy companies won't be too keen).
She agreed to be interviewed because everyone must hear her AND the "voters" will hear how strong her ideas are.
"She" pulled out because someone with a bit of sense realised she'd be asked real questions and be expected to answer them and that would be very very silly.
could the gov not create a publically owned energy company to compete with the current crop
Like the SNP promised to do before dropping the whole idea?
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt.
Yep, makes no sense but that is a perfect summary of truss.
As sunak was interviewed on 10 Aug it's a reasonable assumption that her team agreed to the interview several weeks ago.
Since then the bad news has just kept on coming and her comments/commitments to date have been inadequate and thoroughly unconvincing.
Get interviewed with an unremitting focus on the economy/energy prices/financial support - and get shredded - or hide?
We have the answer.
Andrew Neil on R4 - truss declined to be interviewed by him recently - said all of his prepared questions for her were about the economy and her public statements would fail GCSE ecomomics; also observed that if she can't face interviews with journalists she's *unlikely* to do well in dealing with putin or xi.
could the gov not create a publically owned energy company to compete with the current crop.
Then this company would be buying its energy from the same market as the incumbent suppliers, so they'd either be selling energy at similar rates, or if selling at a loss so would scoop up every household immediately and all the others would quickly go bankrupt.
But yeah, not really for this thread.
Strong and stable, with a history of sound decision-making...
There's also her decision when she was at Environment to loosen regs which allowed farmers to discharge animal shit and phosphates into watercourses.
That allowed the mutiple chicken farms adjoining the River Wye to pollute it to such an extent it's toxic with a dying fish population.
Yep, liz for leader; what could possibly go wrong?
Speaking to people who have their own small businesses they are in desperate need of help yesterday, far too many talking of closing this winter. Every type, from small corner shops, my local chip shop, the bakers, lots of customers at work, even the local book shop is in trouble as they have to keep the place warm to stop the stock getting damp. I've already spotted places with banks of lights not on, aircon not switched on and using fans instead.
I honestly believe there are going to be mass riots this winter.
Well keeping in a large group and moving about a bit will help keep everyone warm, I've seen Attenborough's Penguin films and if it works for them...
Probably not the thread for this, but could the gov not create a publically owned energy company to compete with the current crop. All the current ones that go pop have their customers transferred to this new one automatically. Good rates (no shareholders to pay for), possibly even loss leading prices, no mental prices for prepaid meters etc.
And all the losses due to these failures will be added onto our bills again - never wondered why your Standing Charges have increased lately?
Like the SNP promised to do before dropping the whole idea?
Until we're independent the UK Govt will not allow this, it's not devolved.
Speaking to people who have their own small businesses they are in desperate need of help yesterday, far too many talking of closing this winter.
They interviewed a representative from a pubs trade organisation on Radio 4 this morning. He was absolutely incredulous that they had all been flagging this up to the government for 6 months now, telling them in no uncertain terms what it means and they have still done absolutely nothing about it. Doesn't look like they intend to either. 'The Market' will sort it all out apparently
From this mornings Guardian...
Thousands of UK pubs ‘face closure’ without energy bills support
You can probably extrapolate this to cover every other sector of the economy too
What I can't get my head around is spending billions and billions to keep businesses afloat during the pandemic, only to then sit back and watch them all go bust
He was absolutely incredulous that they had all been flagging this up to the government for 6 months now, telling them in no uncertain terms what it means and they have still done absolutely nothing about it.
I know I'm repeating myself but I don't think the majority of the population understand how serious this problem is either. The UKs small businesses are going to fall like dominos over the winter and with it mass unemployment.
What I can’t get my head around is spending billions and billions to keep businesses afloat during the pandemic, only to then sit back and watch them all go bust
It's almost like someone wants to destroy small business.
Take one example, if you think there are too many Starbucks, Costa, McD's, KFC and Burger King, just wait until all the independents are bankrupt.
What I can’t get my head around is spending billions and billions to keep businesses afloat during the pandemic, only to then sit back and watch them all go bust
If you recall, for a long time, washing our hands was all we needed to do…
The u-turn will come.
It’s almost like someone wants to destroy small business.
Take one example, if you think there are too many Starbucks, Costa, McD’s, KFC and Burger King, just wait until all the independents are bankrupt.
We've mates who own two very successful bars. They firmly believe that this is what's in play at the moment. They're convinced that the government is going to sit back and watch the small independents go to the wall, while the big PubCo's will weather it, leaving them as the last men standing with no competition.`
They are expecting zero support from either Truss or Sunak over the winter
Are Truss & Harding mates? Only way power will be nationalised is I'd Dido needs a new job.
They’re convinced that the government is going to sit back and watch the small independents go to the wall, while the big PubCo’s will weather it, leaving them as the last men standing with no competition.`
I wonder if the domestic energy bills are the dead cat while they do it?
We’ve mates who own two very successful bars. They firmly believe that this is what’s in play at the moment. They’re convinced that the government is going to sit back and watch the small independents go to the wall, while the big PubCo’s will weather it, leaving them as the last men standing with no competition.`
They are expecting zero support from either Truss or Sunak over the winter
There's a lot less spending going about so they won't be immune from a downturn.
If you recall, for a long time, washing our hands was all we needed to do…
The u-turn will come.
Singing Happy Birthday was my favourite, to an air borne virus 🙂
We’ve mates who own two very successful bars. They firmly believe that this is what’s in play at the moment. They’re convinced that the government is going to sit back and watch the small independents go to the wall, while the big PubCo’s will weather it, leaving them as the last men standing with no competition.`
They are expecting zero support from either Truss or Sunak over the winter
The big boys offer more opportunities for MP's to sit on their boards in advisory position.
Your local independent doesn't off the same level of legally acceptable bribe.
I honestly believe there are going to be mass riots this winter.
I don't think it will take until winter. A cold spell and inaction from Liz the Saviour may be all it takes...
https://twitter.com/YouGov/status/1564566659486126081?s=20&t=fBoEXvhGzQQpEuV11VUMKw
People seem to like being shafted by the Tories. There should be no room for the Tories to gain ground currently under any circumstances.
People seem to like being shafted by the Tories.
It does indeed. I've pretty much given up on ever seeing much of a move towards a fair society, it seems that enough of us just don't want it that way.
Consequently, I now put more effort into looking after those close to me and, sadly, have to leave others to suffer the consequences of their decisions, or the decisions of their family/friends and neighbours.
f you think there are too many Starbucks, Costa, McD’s, KFC and Burger King
A lot of these are franchises so not necessarily big business. I honestly think anyone suggesting this is a conspiracy theory in favour of big business needs to reflect on Liz Truss. She hasn't a clue what's coming. She's in her own bubble of campaign world, her supporters are insulating her from reality as they know she can't handle it, hence the interview with the BBC getting pulled because she was 'too busy'.
It does indeed. I’ve pretty much given up on ever seeing much of a move towards a fair society, it seems that enough of us just don’t want it that way.
An "I'm alright Jack" party for an "I'm alright Jack" country.
A fair point.
With anything this lot do its probably best to assume that its sheer incompetence and laziness that's probably behind it.
It is genuinely quite staggering how woefully unprepared Truss appears to be about what's in the post. She really hasn't got a clue, has she? She's also going to do what Johnson did and surround herself with unthreatening cheerleaders, despite them being so lightweight and ill-equipped to deal with the magnitude of the task in hand.
I can see her producing her 'solutions' with some grand TA-DAAAAAAAA flourish, which will then be looked at and immediately dismissed as utterly inadequate or even counter-productive and her then having a massive sulk as she's not being hailed as a genius and everyones saviour. She seems just as narcissistic and thin-skinned as her predecessor in that respect.
It does indeed. I’ve pretty much given up on ever seeing much of a move towards a fair society, it seems that enough of us just don’t want it that way.
It's horrible isn't it? But the complexities of personal wealth and establishment way of doing things is just too much of a force.
Also people have been told for years Socialism works against their individual interest - untiil you have a collective problem like Covid, War or an energy crisis that is.
It is genuinely quite staggering how woefully unprepared Truss appears to be about what’s in the post. She really hasn’t got a clue, has she? She’s also going to do what Johnson did and surround herself with unthreatening cheerleaders, despite them being so lightweight and ill-equipped to deal with the magnitude of the task in hand
But that's hardly working against her currently is it?
No, but she's only got a very limited constituency to appeal to at the moment who probably aren't that arsed about societal doom.
Also people have been told for years Socialism works against their individual interest – untiil you have a collective problem like Covid, War or an energy crisis that is.
I'm going to the Enough is Enough rally tonight in Manchester. It seems like this is getting a bit of a head of steam building. Andy Burnham and Mick Lynch are both speaking so it should be pretty interesting.
It'll be good to see something harness the anger. I know a lot of people ignore the 'news' but this is going to be completely unavoidable. and have a massive impact on any household and we have a government that has no answers and little apparent interest in doing anything at all about it
But that’s hardly working against her currently is it?
A lot of people have simply turned off from it all. A lot more aren't really aware of the magnitude of what's coming - most experts seem to think this will be worse than the banking crash - but everyones going to be fully aware of it soon enough
It’ll be good to see something harness the anger.
Just remember binners that if you're going to throw a brick at the cops, don't be shy, get yourself right to the front to maximise chances of success and avoid hitting another protester in the back of the head. Make sure your face is covered too 😏
A lot of people have simply turned off from it all. A lot more aren’t really aware of the magnitude of what’s coming – most experts seem to think this will be worse than the banking crash – but everyones going to be fully aware of it soon enough
I don't know anyone who could turn off from less money in their pockets when it's directly related to the government.
It sure as hell will be potentially worse than the banking crash as governments wouldn't let the banking system fail would they? People however ...
I don’t know anyone who could turn off from less money in their pockets when it’s directly related to the government.
I reckon a lot are still in denial. Wait til the redundancies start and they or their friends and family start losing their jobs. The bigger problem is that even if they do see how much they are worse off, they don't think they or anyone can do anything about it. That's why Starmer and his establishment arselicking MPs are so culpable for this cluster****.
Andy Burnham and Mick Lynch are both speaking so it should be pretty interesting.
It’ll be good to see something harness the anger
I like the idea of these two being involved.
As things stand, Mick Lynch is the real, effective voice of opposition in the country. The media tactic of constantly questioning him about his EU stance is an obvious ploy to sow division between pro and anti Brexit factions in the anti Tory vote. They must really fear him.
Andy Burnham, from what I've seen, needs to convince me that he's not the Blairite I think he may be, but he's certainly an electable, media friendly figure and anyone that scares Starmer into thinking that there's a Labour alternative to him and makes him consider getting his arse off the fence, is OK with me.
I reckon a lot are still in denial.
I totally agree.
Too many people are caught in the get Brexit done/ Red wall/ anti woke culture war dynamic of the last 6 years and to be anti government now, means a lot of people admitting they were wrong / have been duped.
I reckon a lot are still in denial
None more so than the government.
This feels very much like January 2020 where the government failed to appreciate the seriousness of what was happening and missed multiple opportunities to do something to limit the damage until it was too late.
Again it feels like they’re just crossing their fingers and hoping for the best
They're not even crossing their fingers, for them to do that thye would have to care about what happens to us.
Again it feels like they’re just crossing their fingers and hoping for the best
Back in January 2020 nobody knew for certain what was going to happen.
This energy crisis has already happened. There are businesses closing their doors because they can't afford their energy bills.
The domestic energy crisis hasn't happened yet because it's August. However, it's absolutely clear that millions of people won't be able to heat their homes in the winter.
There is an economic Armageddon coming and they are still doing NOTHING.
2008 is nothing on this.
I'm sure we will have a lot more to talk about come next week.
I’m sure we will have a lot more to talk about come next week.
I'm betting 10% off VAT, Corporation tax slashed and reversal of the rise in NI. It'll do very little to prevent a recession and will fuel more inflation by allowing corporations to price gouge even more by not passing on the VAT cut. Then we'll see a run on sterling as no one will want to invest in a collapsing economy. If we thought things couldn't get worse...
I wish they would stop messing with NI.
I mean we have this threshold rate change which came in July and then the 1.25% rise. It's one of the most over complex taxes going. And then comes the Health and Social Care levy. What a mess.
"From April 2023, NI will revert to its old level but a new Health and Social Care Levy, at that same 1.25% rate, will be paid separate to national insurance contributions, becoming a tax in its own right."
What the hell? Tories reducing bureaucracy etc.
10% reduction on VAT? That's a big one. Dunno. Nothing's off the table.
’ll do very little to prevent a recession and will fuel more inflation by allowing corporations to price gouge even more by not passing on the VAT cut.
it will boost GDP % growth figures though - they love that.
Then we’ll see a run on sterling as no one will want to invest in a collapsing economy.
Looks like that's starting already
it will boost GDP % growth figures though
10% off VAT (or whatever it is) is going to do nothing against energy bills rising by 500%. All it will do is hand a bung to businesses with large cash reserves and encourage more price gouging. We'll have the double whammy of a massive recession and higher inflation in the short term, followed rapidly by deflation and a debt crisis due to collapsing govt revenues and a run on the pound.
10% off VAT (or whatever it is) is going to do nothing against energy bills rising by 500%. All it will do is hand a bung to businesses with large cash reserves and encourage more price gouging.
Despite what's being said I don't think a VAT cut is aimed at energy bills (It's not even the same VAT rate) It's aimed at getting people who have the money to spend to spend. Giving some reprieve on GDP. It's a middle class handout.
They're borrowing from Gordon Brown.
The run on the pound is interesting - but given economies such as the USA are doing similar things - it's all linked. Pound is at a 25 year low against the dollar. Lots of shorting against the pound going off. Betting on our economy tanking.
Then we’ll see a run on sterling as no one will want to invest in a collapsing economy.
Although that will result in foreign "investment" aka a firesale of all the remaining assets at rock bottom prices.
Despite what’s being said I don’t think a VAT cut is aimed at energy bills
I think in Truss's tiny mind that's exactly what it will be aimed at. She's on record as saying she prefers to let people and businesses keep their money through lower taxes rather than giving them it back in the form of handouts. What she probably doesn't realise is that even if she removed the entire tax burden from small businesses, it probably wouldn't be enough to stop them going under.
But yes, I agree it will cause a consumer spending surge, just at the time when businesses will struggle to meet the demand, the result being turbo-charged inflation combined with mass business failures. For people worrying about QE causing runaway inflation, they should instead be worrying about VAT cuts.
Tories utterly obsessed with tax cut sound bites - you have to have a good standard of living in the first place for a tax cut to make sense.
I think in Truss’s tiny mind that’s exactly what it will be aimed at. She’s on record as saying she prefers to let people and businesses keep their money through lower taxes rather than giving them it back in the form of handouts.
Let's face it there is so much speculative reporting of stuff not actually announced yet - that nothing makes any sense until it does. And then it probably still won't.
Let’s face it there is so much speculative reporting of stuff not actually announced yet
Yup, but everything Truss has said over the past two months suggests that she's planning radical tax cuts, and that fits exactly with the wet dreams of the ERG nutters who want something like flat rate taxes. Not that I agree with him on his wish to cause a massive 1981 style recession, but Sunak is at least right on the inflationary effect of tax cuts, especially if in form of VAT cuts.
But yes, I agree it will cause a consumer spending surge, just at the time when businesses will struggle to meet the demand, the result being turbo-charged inflation combined with mass business failures. For people worrying about QE causing runaway inflation, they should instead be worrying about VAT cuts.
Reluctant as I am to give him much credit as his proposals aren't that much better, but isn't this pretty much exactly what Sunak has been trying to tell an audience that clearly doesn't want to listen?
The VAT cut does nothing for most small businesses.
Their customers might be encouraged to spend a little more but that's about it.
However, as most people will need to save their money to pay for food and fuel it will make no difference.
Also a massive pain in the arse for some, the Mrs will have to re-price all the stuff in her shop.
Next bombshell.
https://twitter.com/D_Blanchflower/status/1564590476740771840?s=20&t=V52tM1-2fxF4sNF_rH7V6g
Blanchflower used to be on the MPC and was always pushing for rates cut when others weren't.
The VAT cut does nothing for most small businesses.
Their customers might be encouraged to spend a little more but that’s about it.
However, as most people will need to save their money to pay for food and fuel it will make no difference.
Also a massive pain in the arse for some, the Mrs will have to re-price all the stuff in her shop.
If you're not registered for VAT buying things is cheaper.
(I'm not defending a potential VAT cut - I'm just offering ideas, as a business owner myself.)
I think VAT like lots of taxes became over-complex and moved away from it's original concept.
the credit card thing is fairly unsurprising. RPI (which most credit card spend is linked to) is currently 12.3%, credit card borrowing is up 13%. I'd argue that's pretty much flat with a bit of noise
but isn’t this pretty much exactly what Sunak has been trying to tell an audience that clearly doesn’t want to listen?
It is, and he's right. But he's wrong on the need for a 80s style contraction. Alongside the correct analysis that fuelling demand will cause inflation, he's wrong that current inflation is caused by too much money in the economy. Along with Andrew Bailey he thinks we need to reduce the size of the economy to bring demand down to meet supply. Energy bills are going to do that and a lot more, so higher interest rates and further fiscal tightening will only make that much worse. Both Sunak and Truss will make the situation worse but in very different ways. The only solution is to prevent or roll back these catastrophic energy price rises for everyone, not just households. No one is talking about though.
Edit: That was a long winded way to say that the risk with Truss is runaway inflation, whereas Sunak offers deflation and depression. Quite a choice!
Alongside the correct analysis that fuelling demand will cause inflation, he’s wrong that current inflation is caused by too much money in the economy.
I don't know how they can put that along side negative or no growth GDP and keep a straight face.
They want to limit inflation driven by too much money LOL - start with the top wages. Stop them hoarding money and resources!
There are many issues with the economy - since the pandemic, some were showing up before the pandemic (Feb/Mar 20 growth was already slowing.) Poor productivity too.
So one target of Tax cut - or hard energy cap is simply not going to cut it. We have several black-swan events and a dying economic model with conflicting issues. There isn't one mechanism to fix things.
The whole thing needs fixing from bottom up. We also have short-term and long-term issues which are getting overlapped.
Good luck to whoever sorts this out. Neither Labour or the Tories are up to the job.
If you’re not registered for VAT buying things is cheaper.
True. But the vast majority of small business that are not VAT registered, are sole traders who don't employ anyone and by the size of their business they are going to pretty skink anyway, so won't be buying much anyway.
True. But the vast majority of small business that are not VAT registered, are sole traders who don’t employ anyone and by the size of their business they are going to pretty skink anyway, so won’t be buying much anyway.
If i've got a choice between 20% VAT rates and 15% I will take it though, on top of anything else.
Less VAT on fuel at the pumps would also fall under this.
Then we’ll see a run on sterling as no one will want to invest in a collapsing economy.
But Rone kept telling us that none of us understand how money actually worked and the Govt could just create more, yet this is pretty much the scenario I put to him.
How do we, as a country, buy what we need if Sterling collapses?
Andy Burnham, from what I’ve seen, needs to convince me that he’s not the Blairite I think he may be
He is a weather vane politician without an orginal thought in his head and disgustingly played the race card in his mayoral campaign. A total lightweight who will say anything to be elected.
Aha... TJ's standard Andy Burnham copy and paste
And once again I'll ask you to supply some evidence of him 'playing the race card' in his mayoral campaign, and once again you won't supply any because there isn't any, because it only exists in your head.
But Rone kept telling us that none of us understand how money actually worked and the Govt could just create more
?? The govt can create more, they are the currency issuer.
If I remember right you and others have been arguing the oft-repeated trope that the use of QE would result in devaluation of the currency. Myself, Rone and others have pointed out that didn't happen after 2008 and 2020, and that fiat currency valuation is a result of multiple complex factors and not just the result of how much money the govt creates (and where it then spends it).
My comment about a run on the currency was that it would be much more likely in a hyper-inflationary or deflationary scenario which are the likely outcomes of tory candidate's economic policies, as opposed to the much safer solution of using QE to prevent the increase in energy prices (by whatever means is necessary, bailouts, nationalisation etc) and resultant economic collapse.
The danger of a run on the currency is much lower with an energy bailout than it is with Truss's tax cuts or Sunak's austerity.
And once again I’ll ask you to supply some evidence of him ‘playing the race card’ in his mayoral campaign, and once again you won’t supply any because there isn’t any, because it only exists in your head.
Why are you dragging labour into this thread? 😀
Again... not guilty
Uncle Jezza started it 😛
Lets get back on topic..
I have quoted his playing of the race card before. Bunners ageed with me at the time and later retracted that agreement. Burnhams playing the race card is inexcusable
He made a series of anti immigration remarks basically pandering to racists he needed votes from
Im trying to find the quotes but have poor signal
Bezt i can find
I was flabbergasted that a labour politician would do this.
https://hulmegreenparty.blogspot.com/2016/12/a-mugs-game-andy-burnham-and-immigration.html?m=1
Sunak would rather take the stairs than be in a lift with Nicola Sturgeon or Kier Starmer , I’d rather he took the stairs so I turf the **** back down them
Oh Christ… we’re off down a TJ wormhole due to a 6 year old blog post/piece of gibberish by a Green Party member from Hulme 🙄
Reading that twoddle, it’s not even worth dignifying with a response
Anyway… back on topic, I see Liz’s genius idea to solve the energy crisis, as explained by brainbox John Redwood on Radio 4 just now, is to grant some more North Sea drilling licenses.
Without even getting into the whole climate change issue, it was pointed out that the timescale between a drilling licence being granted and the first gas being extracted is twenty odd years
Cutting vat would effectively have the opposite effect to raising interest rates. Which would mean to achieve the desired result they'll need to be raised even further. Bit odd if that's the path
Cutting vat would effectively have the opposite effect to raising interest rates. Which would mean to achieve the desired result they’ll need to be raised even further. Bit odd if that’s the path
Well that's because the BoE shouldn't be raising rates.
Anyway… back on topic, I see Liz’s genius idea to solve the energy crisis, as explained by brainbox John Redwood on Radio 4 just now, is to grant some more North Sea drilling licenses.
Without even getting into the whole climate change issue, it was pointed out that the timescale between a drilling licence being granted and the first gas being extracted is twenty odd years
Ohh, it gets worse.
Once a company has those licences they don't even have to drill to make money. Just sit on them for a while, then when the government u-turns on it they can claim not just the cost of those licences, but the future profits they would have generated under the Energy Charter Treaty.