The Conservative Party

You know how big an ask that is, don't you?

We have been chasing the elusive improved productivity since Mr Wilson's time, to my certain knowledge, with relatively little success. The nearest we get to it is ideas like closing railway booking offices and damn the inconvenience to the public.

Low productivity largely arises from inadequate investment. Indeed, to once again refer to history, I remember Mr Heath saying this was a problem, and it has remained one. Contrary to Tory/Daily Mail propaganda - a polite word for 'lies' - this does not indicate that British workers are lazy. To give a simple example, a man with an electric screwdriver will always turn more screws in eight hours than a man with a manual one. Though the man with a manual screwdriver will actually be making a greater physical effort.

The sad truth is that UK investors almost always seek maximum short-term profits at any cost. This is why someone like Sheikh Mansour absolutely baffles so many people in this country.
A simple way to increase productivity, expand the workforce and grow the economy is for the government to understand what proper investment in the NHS, in education and in public transport infrastructure looks like and what it should be used for. Instead they talk about some imaginary household credit card and ‘balancing the books’ with seemingly no understanding of the benefits to society, the economy and the long term well being of the country.
 
one of the less publicised off cuts of Right To Buy was the successful transfer of responsibility for tenants from Local Authority on to them. In the good times they just saw money. Cheap money. Cheap money to borrow and the ability to stick someone who could not get a council house in their house to pay the mortgage plus a modest premium with the capital value of the property rising like a rocket.

Then things went tits up and now they moan - money is not cheap nor is borrowing and the housing market is falling in value. What I don't think they ever really grasped was that the "market" never set the rate - it was always the level of housing benefit. I have spoken to many Estate Agents over the years and they will tell you that the local housing benefit amount set the rent like the Minimum Wage set the bottom level of pay. Housing benefit in and area is say £300pm - look in Estate Agents windows and guess what 2 bed terrace's start at £300pm rent. Its only know with this lot in charge you have them capping HB but borrowing going up and for some landlords £300 pm doesn't cut it and thats where you get the squeeze where people themselves on benefits or low incomes and claiming in work benefits being asked to bridge the gap between HB and what the landlord needs to pay the mortgage on what is now an asset that may be losing value

 
It’s all very nice but can you please explain what the Tories have done for the country in the last 13 years?
About three months ago I looked at a payslip of mine from 2009 and put the annual salary in to the Bank of England inflation calculator (which uses the lower CPI rather than the more realistic RPI).
As per the calculator, I am £6,995 per annum worse off than I was in 2009.
That's over £130 per week no longer being recycled in the local economy.
No wonder one of the two pubs in the village has closed costing over 20 jobs and the other only opens three evenings a week, and that is because the landlord doesn't need a wage from it and can't get a buyer.

The restaurant has closed, the chippy has cut it's hours and the hairdresser has closed.
Time to eradicate the vermin of the Self-Servative party.
 

Everything’s a surprise to Peston.

If two-year swap rates are at 5.6%, then gilts are essentially going to be the same. It’s not even the biggest issue for debt servicing costs either given that there’s more than £800bn of gilts in the APF being financed at Bank Rate, and over £500bn linked to the RPI.

And these numbers aren’t going to change materially anytime soon, regardless of who is in power.
 
Everything’s a surprise to Peston.

If two-year swap rates are at 5.6%, then gilts are essentially going to be the same. It’s not even the biggest issue for debt servicing costs either given that there’s more than £800bn of gilts in the APF being financed at Bank Rate, and over £500bn linked to the RPI.

And these numbers aren’t going to change materially anytime soon, regardless of who is in power.
And whose policies caused these rates?
 
the man who started the ball rolling on Johnsons demise...... another by-election for Sunak


Why has it taken them a year to get to the point of getting rid of a brazen sexual predator?

In any other workplace that wouldn't be acceptable.

Yet this bastard got another year of his salary.
 

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