I’ve just had an offer accepted on a bungalow (last week).
I think you are mistaking this government's intentions!I am not great when it comes to politics and economics at this level I must admit. I have voted Tory in recent years although I have referred to myself as a "reluctant tory". I agree with some of the principles and actions, I also think Labour come up with some valid points but I have also encountered far too many with an extreme left wing opinion who don't see why anyone should be rewarded for working hard or taking a risk.
But anyway....talk about shooting yourselves in the foot?!? They've delivered the headlines on a plate to the left media and Labour. "Tories cut income tax for the rich". What more do they need. Regardless of whether the Tories have the most sound logic in the world behind the decision (and I really dont think they do), nobody is going to care about that. They are going to take the headline that even in the most difficult times that anyone can remember, Tories have given more tax breaks to the rich. What an absolute own goal. It's an unbelievable naivety towards the general thoughts of the nation in my honest opinion.
Another thought I had - and forgive me if this sounds overly basic. Businesses have been preparing themselves for the 25% corporation tax. Scrapping that now is probably a welcome boost but businesses weren't expecting it. If they really want to get money quickly back into the economy and being spent.... could it not have been an idea to remove that from businesses on the proviso that the money instead - or perhaps even part of it - goes in the form of a bonus to all employees (pro-rata, or earning up to a certain amount, or something). So the business still pays the extra 6% that they were expecting to, but it goes directly into employees pockets, skips the government, and ergo straight back into the economy as it gets spent. Could that not have been a really quick creative win which would have ultimately meant the same for the government (only receiving 19% instead of 25%). Or have I over-simplified things far, far too much?
The government are already doing that, by way of a lump sum payment for energy bills in to selected accounts. Energy companies are using that as credit against bills, so the customer doesn't actually get to spend it anywhere but with the energy companies. Two sides to that coin, because you're using taxpayer money to bail out energy companies but also maintaining the rocketing energy price by bailing them out.Another thought I had - and forgive me if this sounds overly basic. Businesses have been preparing themselves for the 25% corporation tax. Scrapping that now is probably a welcome boost but businesses weren't expecting it. If they really want to get money quickly back into the economy and being spent.... could it not have been an idea to remove that from businesses on the proviso that the money instead - or perhaps even part of it - goes in the form of a bonus to all employees (pro-rata, or earning up to a certain amount, or something). So the business still pays the extra 6% that they were expecting to, but it goes directly into employees pockets, skips the government, and ergo straight back into the economy as it gets spent. Could that not have been a really quick creative win which would have ultimately meant the same for the government (only receiving 19% instead of 25%). Or have I over-simplified things far, far too much?
Big difference is that in 90's housing benefit would pay your mortgage for a long while - now they will just cover the interest for a while (and i have no idea what UC covers)
It depends on what it is that the BoE does with the bonds and what the conditions on those bonds are and what sort of bonds we are talking about - 2yr, 10yr, 30yr? At min rate or linked to RPI? At the moment we just do not know what the F this government or the BoE are really up to!
That is the problem - you can't have some mad muppets playing by some set of rules that nobody else knows, understands, uses, or even thinks are relevant. And at the same time, the entire financial sector across Planet Earth is operating within a money market, the mechanics of which this Mad Muppet Brigade just does not understand.
My brother sent me a clip from the FT saying
That government chart is totally bogus. In 1990, manufacturing was 16.7% of GDP, By 2007 it had fallen to 10.2% and that was the very last time it went above 10% - last year it was at 8.8%.
| U.K. Manufacturing Output - Historical Data | ||
|---|---|---|
| Year | Billions of US $ | % of GDP |
| 2021 | $279.39B | 8.77% |
| 2020 | $239.79B | 8.70% |
| 2019 | $255.62B | 8.88% |
| 2018 | $256.63B | 8.85% |
| 2017 | $241.50B | 8.95% |
| 2016 | $244.93B | 9.00% |
| 2015 | $272.40B | 9.21% |
| 2014 | $287.91B | 9.33% |
| 2013 | $266.47B | 9.51% |
| 2012 | $252.74B | 9.29% |
| 2011 | $249.80B | 9.34% |
| 2010 | $236.59B | 9.50% |
| 2009 | $220.91B | 9.11% |
| 2008 | $279.38B | 9.51% |
| 2007 | $299.62B | 9.65% |
| 2006 | $277.02B | 10.20% |
| 2005 | $267.63B | 10.52% |
| 2004 | $265.92B | 10.98% |
| 2003 | $238.76B | 11.61% |
| 2002 | $216.68B | 12.15% |
| 2001 | $204.67B | 12.45% |
| 2000 | $221.73B | 13.34% |
| 1999 | $233.46B | 13.85% |
| 1998 | $238.84B | 14.45% |
| 1997 | $234.85B | 15.06% |
| 1996 | $216.95B | 15.26% |
| 1995 | $208.45B | 15.48% |
| 1994 | $187.08B | 16.40% |
| 1993 | $166.45B | 15.68% |
| 1992 | $189.29B | 16.05% |
| 1991 | $185.86B | 16.26% |
| 1990 | $182.21B | 16.67% |
The civil service, for sure. And most insurances. We’re obsessed with them in this country.
No A was scientists/leaders etc, C was people who actually did things, B was for pointless intermediaries and launched first (in fact the others were never launched but they got rid of the telephone sanitisers etc that way)
No A was scientists/leaders etc, C was people who actually did things, B was for pointless intermediaries and launched first (in fact the others were never launched but they got rid of the telephone sanitisers etc that way)
Golgafrinchan Ark Fleet Ship B
The Golgafrinchan Ark Fleet Ship B was a starship designed to relocate the (largely redundant) useless part of the population from the planet Golgafrincham. The ship was led by the Captain, with Number One and Number Two next in charge. The Golgafrinchan Ark Fleet Ship B was a way of removing...hitchhikers.fandom.com
So where do I get my hair cut? Where do I get my kebabs? You are just listing things you do not like,
You are missing the point. A lower proportion of a bigger economy can be (and is in the case) a bigger amount.
