Why do people think that they have a right to be better off.
Sometimes we shall be worse off as poorer nations catch up.
those who voted Brexit thought we would be better off.
Strike our own trade deals.
Could not get one with India because they drove a hard bargain on student rights after graduation.
Thought they could attract investment from Chine but America objected.
Maybe one day it will pay off, but we must expect to be poorer because of our wide export losses to the Eu. not yet replaced, to say nothing about the fast decline of London as a major financial centre.
We may get back on track and Starmer is trying to re negotiate with India where the Tories failed.
He may be happy to be more relaxed about student migrants.
We shall be poorer, get over it. |
they never put a bloody dry ski slope in my old pit village |
careful, "Never had it so good"!
Know someone with two kids in a public school?
Know someone with a small downtown dairy farm?
Know someone with a bakery with 10 staff?
Know someone awaiting a hip op?
Know someone who isn't worse off? |
Left the van in Redcar last year. No EV's whatsoever because the locals would struggle to buy a bag of chips let alone a vehicle under 20yrs old. Strangely chargers in every car park though. Probably part of some sort of leveling up initiative like the old dry down hill ski slopes they put in all the pit villages? |
such innocence.
each party lies at election time to get into power.
they promise what they cannot deliver.
A grown up electorate knows this.
We vote for the least worst party.
Elections are more about voting against the worst party than voting in the best.
After the election they look at the books and then act responsibly and put on hold some the plans.
Important to sort of the mess left by the previous lot.
cost of living crisis, collapsing NHS, pensioners dying from hypothermia.
Farmers committing suicide because their family will have to pay a bit of tax spread over 10 yeas after they die.
Some of you will believe anything.
Most are doing very well. Never had it so good. |
As Monteith writes in DT
What is needed is to create the conditions for the private sector to make decisions where they can see or anticipate demand, or create it through new products and services, and then invest and grow as they provide what customers want. Governments are, no matter the colour of politicians’ rosettes, hopeless at knowing what people want in real time, never mind six or 60 months into the future.
Will the Reeves reset prevent a recession? I doubt it because I think it is highly likely we are in it already and if we are not, then avoiding it will be down to luck, not government economic policy that remains in place. |
the speeds of horses goes walk, trot, canter then gallop
it might just have started to trot |
Rumours that several UK councils are looking to hike Council tax by 15% to 25% in the next cycle.
Using a loophole to get around requirement to declare a local election/referendum. Currently 5% is maximum raise allowed annually.
Loophole being to declare themselves bankrupt!!! |
Chancellor reveals huge new investment in EV charging and renewable electricity
Chancellor of the Exchequer Rachel Reeves told a press conference in Oxford that the government will help fund a rollout of more electric vehicle charging, and open up space for 16GW of offshore wind power in East Anglia and Yorkshire.
U aint got the money and u aint got the cars.
Guess no 10 money tree is ur guardian angel Rache - cept it is just like magic roundabout.
Sorry careless - u seem captivated by this false facade as being good /beneficial. How???? |
Malcolm AngusBelow is an assessment of Rachel from accounts from Kev Gillett, now retired, who was Director of Banking at Lloyd's HBOS.'In 2009 Rachel Reeves was 3 levels below me.She was a Complaints Support Manager NOT an Economist.She nearly got sacked due to an expenses scandal when Managers were found to have been signing off each others expenses.She then had lots of doctor and dental appointments and so was followed. It turned out she was doing Labour Party business. When confronted, she resigned'.Mr Gillett asked for this to be shared with as many people as possible. Starmer take note...Daily Telegraph |
8p to 70p !
Chinese Investor (LLOY) 21 Jan 2025 - 08:53:10
9p to 70p ! |
Remember when Lloyds was galloping at front? Now NatWest is catching up.
LLOY Market cap 37.33bn GBP
NWG Market cap 34.25bn GBP
BARC Market cap 41.72bn GBP |
 Lloyds Banking Group is to close another 136 branches across the UK as customers continue the shift to primarily online banking.
The bank said that it would close 61 Lloyds branches along with 61 Halifax and 14 Bank of Scotland sites, starting in May with completion of the closure plan in March 2026.
A spokesperson for the banking group said:
Over 20 million customers are using our apps for on-demand access to their money and customers have more choice and flexibility than ever for their day-to-day banking
The high-street lender said that staff working in the affected branches would be offered another role at another branch or in a different part of the business.
Earlier this month, Lloyds said it will allow customers to use any of its Halifax, Bank of Scotland and Lloyds branches, roughly a quarter of its branches are closely located to each other.
Lloyds currently has about 932 branches, but previously announced closures will take that figure down to 892 branches by the end of 2025.
That includes 447 Lloyds Bank sites, 341 Halifax-branded branches and 104 Bank of Scotland locations.
The latest announcement of closures will bring the total down to 756 by the end of March next year. |
bit like living under socialist rule for the last 30 years |
10 year gilt at 4.58%, slowly improving.
Trump ans Starmer seem to be getting along.
UK more important to Trump that Musk or Farage.
President is in his last 4 years in power now, he does not need them after the election.
Trump would like to get along with the `UK.
He needs us as he takes on the EU.
Also his ambitions for Greenland.
The ex Danish PM said the other day that the UK has the first call on Greenland after a 2017 legal agreement.
All tied in a complicated relationship with Canada the closest land mass to Greenland.
When it comes down to this international game of chess, the land grab, the USA need UK onside.
Musk and Farage will be dumped by smart Trump.
All of these important global issues ongoing and Labour trying hard to get the economy going. Even if we sometimes disagree with the direction of travel, at least they are trying very hard.
We have Farage and Musk arguing about Robinson and some evil unhinged knife murderer. Whether this nutter gets 52 year or life is of no consequence, the long term prisoners will make his jail life unbearable. |
simple
vote reform UK at the next opportunity |
Ayatollah moment more likely. Wonder which will be finished first - 3rd runway, HS2 or life on Mars.Ravin Rache was utterly opposed to a 3rd runway in her pre student chancellor days. |
It's not her fault the country is disappearing down the plug hole, give her a break Scruff....like the younguns in Whitehall tasked with running the country she's got no experience either. We're currenty following the communist Russia/ China models of the 1920's of centralised power. We are currently the most centrally governed country in the world add to that finance & media and its not difficult to see that irrespective of which party holds power the provinces were never going to keep up...many places now in terminal decline. Won't be long till we have our Boris Yeltsin moment. |
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