The Labour Government

[The Future’s Blue!]

Those opposition seats look quite empty, did Badenoch, Davie, Denyer/Ramsay, and Farage make it?

 

[bluethrunthru]

Those opposition seats look quite empty, did Badenoch, Davie, Denyer/Ramsay, and Farage make it?

Badenoch is there - she is over the right shoulder of Burghart

 

[Brewster's millions]

Get in there!

Maybe you should have a look at the legislation they’re voting on. The actual bill, rather than what a few people on here believe is being introduced.

There’s nothing in there that couldn’t have been voted on weeks ago - it certainly doesn’t offer a resolution- and had they done it sooner then it would have made things easier from an operational perspective, and allowed more time for a proper discussion to be had around future investment and running costs.

 

[Churchlawtonblue]

Maybe you should have a look at the legislation they’re voting on. The actual bill, rather than what a few people on here believe is being introduced.

There’s nothing in there that couldn’t have been voted on weeks ago - it certainly doesn’t offer a resolution- and had they done it sooner then it would have made things easier from an operational perspective, and allowed more time for a proper discussion to be had around future investment and running costs.

Regardless, it's still a good decision.

 

[Brewster's millions]

Regardless, it's still a good decision.

Nothing has been decided yet, other than to prevent the plant becoming unusable, or requiring some fairly complex engineering to avoid that outcome.

 

[Churchlawtonblue]

Nothing has been decided yet, other than to prevent the plant becoming unusable, or requiring some fairly complex engineering to avoid that outcome.

But it's the first step.

 

[west didsblue]

Agree but it should have been made by a Labour government even in untroubled waters imo and fair play to them, it looks like it’s getting done.

Yes it should but in the current climate where every penny spent is prioritised, I can’t see any way it would have made the cut without it being elevated for national security reasons thanks to the idiot in Washington.

 

[Brewster's millions]

But it's the first step.

Yes, but it’s one that should really have been made earlier.

If they do indeed end up nationalising it, then the direct impact on the fiscal rules will be fairly small - certainly not critical - but the impact on sentiment in the gilt market (currently fragile) could in theory be more problematic. Hence why I think the emergency vote in parliament and the political theatre around it isn’t helpful.

 

[west didsblue]

The desperation of some to find fault with any decision by the Labour government however correct is palpable.

 

[hcblue95]

Yes, but it’s one that should really have been made earlier.

If they do indeed end up nationalising it, then the direct impact on the fiscal rules will be fairly small - certainly not critical - but the impact on sentiment in the gilt market (currently fragile) could in theory be more problematic. Hence why I think the emergency vote in parliament and the political theatre around it isn’t helpful.

Have you had training from CCHQ?

 

[bluethrunthru]

That'll be the Teesside furnace thats now a barren wasteland and the subject of a dodgy deals investigation?

Tees Valley Mayor Ben Houchen to step down from MDC chair roles

Ben Houchen will step down as the chair of three Mayoral Development Corporations (MDCs) on 27 June.

www.bbc.co.uk

 

[bluethrunthru]

Those opposition seats look quite empty, did Badenoch, Davie, Denyer/Ramsay, and Farage make it?

 

[Brewster's millions]

Have you had training from CCHQ?

That’s my honest assessment - you can agree or disagree, but to say that today’s bill is tantamount to a renationalisation, and that any such decision would be straightforward from a fiscal perspective, is factually incorrect.

How would the plant(s) be valued if nationalised, what level of ongoing subsidy would be required, how much additional gilt issuance would be required to pay for it on on top of the £299bn already pencilled in for this fiscal year. All important questions; far more difficult questions in fact than the actions they took today, which really could have been done much earlier.

 

[The Future’s Blue!]

Maybe you should have a look at the legislation they’re voting on. The actual bill, rather than what a few people on here believe is being introduced.

There’s nothing in there that couldn’t have been voted on weeks ago - it certainly doesn’t offer a resolution- and had they done it sooner then it would have made things easier from an operational perspective, and allowed more time for a proper discussion to be had around future investment and running costs.

Repetitive.

 

[Ifwecouldjust.......]

That’s my honest assessment - you can agree or disagree, but to say that today’s bill is tantamount to a renationalisation, and that any such decision would be straightforward from a fiscal perspective, is factually incorrect.

How would the plant(s) be valued if nationalised, what level of ongoing subsidy would be required, how much additional gilt issuance would be required to pay for it on on top of the £299bn already pencilled in for this fiscal year. All important questions; far more difficult questions in fact than the actions they took today, which really could have been done much earlier.

Dont you get it yet ? Its a strategic industry ...all of the above doesn't matter... our ability to produce metal for armaments without reliance on another country is vital ... especially as without NATO we're on our own .


Not everything in life can be counted in pounds and pence.

 

[hilts]

The desperation of some to not find fault with any decision by the Labour government however incorrect is palpable.

Two cheeks of the same arse but you knew that didn't you?

 

[hilts]

Dont you get it yet ? Its a strategic industry ...all of the above doesn't matter... our ability to produce metal for armaments without reliance on another country is vital ... especially as without NATO we're on our own .


Not everything in life can be counted in pounds and pence.

It's one of the few times that all political parties seem to agree on something. The first part is the acceptance that we need the Industry itself, its not an option not to.

I hope its a sentiment that spreads but one day at a time.

No need for side taking on this chaps and chapesses.

 

[Vic]

I like the way the government are bringing MPs in over the weekend to vote on it, in order to try to make themselves look decisive and timely, where in reality they’ve had months to deal with it.

14 years you say...

 

[Vic]

That'll be the Teesside furnace thats now a barren wasteland and the subject of a dodgy deals investigation?

Tees Valley Mayor Ben Houchen to step down from MDC chair roles

Ben Houchen will step down as the chair of three Mayoral Development Corporations (MDCs) on 27 June.

www.bbc.co.uk

Did Badenoch start by saying they had an oven ready deal when they called a snap election then end by saying the deal was still being negotiated?

 

[Brewster's millions]

Dont you get it yet ? Its a strategic industry ...all of the above doesn't matter... our ability to produce metal for armaments without reliance on another country is vital ... especially as without NATO we're on our own .


Not everything in life can be counted in pounds and pence.

The past few months have shown very clearly what happens if government borrowing costs rise above expectations, and if that increase occurs independently of any improvement in growth prospects. Welfare cuts, pressure on departmental spending, the prospect of further tax increases. I’m not sure how anyone can’t be aware of that.

It may well be the case that strategic investments have to be made and certain industries have to be supported by the government. I’m not against the idea in principle. But if you think that such investments can be made without careful consideration of the fiscal impact, and without requiring adjustments elsewhere, then I’m afraid that you’re the one not getting it.