The Labour Government

[meltonblue]

You must have had a shit employer.
Look how other pensions in the private sector compare…
EG work for BP employer puts in 20%, employee puts in nowt.

How to get a £1.5m pension pot: the most generous places to work

Hoping to retire in luxury? Be careful where you apply. Analysis of FTSE 100 companies has revealed a big gap between the most and least generous schemes

www.thetimes.com

Some of the maths in that article really don’t add up compared to the contributions I put in and the expected pot projection from my pension provider when I retire. Theyre using very ambitious pension fund growth to think what they do there.

 

[Mr Kobayashi]

He was sacked in 1988 ffs and was binned off as a shadow minister in the mid 2000s for shagging about. They didn’t really factor in to my decision.

So you should have already been aware that he was a compulsive liar but chose to ignore the facts. That was the tip of the iceberg. He regularly invented stuff in Brussells. Unfortunately rather than being binned off like Stephen Glass, he was rewarded with promotions etc.

For someone who won’t hold Starmer’s many many lies to account you aren’t half coming across as a hypocrite.

I didn't vote for him. So I've no need to defend him.

 

[metalblue]

Isn't it something that will happen over a reasonably long timeframe?

The average age of a scrapped car had reached 16 years in 2021 (latest figures I could find). That means there could still be millions of ICE cars on the road in 2051. You'd assume that the switch to electric will happen quicker, but it's still going to be gradual.

At some point you've also got health benefits of lowered pollution kicking in, and do we know what the economics of a net zero economy will be?

When you consider that Reeves managed to deal with £22bn worth of changes in her first statement, replacing a similar amount gradually over a couple of decades, when there will be plenty of benefits too, is probably not something she'd be having sleepless nights about right now.

The air pollution argument for electric cars isn’t as strong as we’d immediately think due to particles that come off the tyres given the weight of EVs. It certainly needs a bit more scrutiny by experts to say how dangerous they are and in what quantities do EVs produce them. On the flip side we are at the start of this energy transformation so things will improve from here in terms of tech.

I’m also not entirely sure it’s such as far away problem for the treasury. They’re already going to charging EVs road tax from next year for the first time - this will raise over £1bn which the treasury has “lost”. Although due to the extra cost of EVs the treasury has benefited from higher VAT from non company purchases (where it’s being used solely for business use).

 

[Ifwecouldjust.......]

The problem for Reeves with fuel duty is cars are more economical these days and we have electric cars. I suspect she’ll be more tempted to look at pay per mile. Given the unfair nature of fuel duty (you pay tax on tax) I’d like to see a much fairer system where we pay a fixed cost to register your car each year (around £500) with a pay per mile on main roads and remove fuel duty entirely. Obviously HGVs and the such would have some other fixed cost and potentially per mile rate to pay.

It’ll be far simpler to implement and far more transparent- I suspect it will make people question if they need to travel far more than the current model as it’s much clearer how much each mile costs.

Would require massive investment and doesn't take into account those vehicles that are ''gas guzzlers''

 

[Ifwecouldjust.......]

On top of repaying the loans?

They should write off Student Debt.

 

[Kompany Car]

You must have had a shit employer.
Look how other pensions in the private sector compare…
EG work for BP employer puts in 20%, employee puts in nowt.

How to get a £1.5m pension pot: the most generous places to work

Hoping to retire in luxury? Be careful where you apply. Analysis of FTSE 100 companies has revealed a big gap between the most and least generous schemes

www.thetimes.com

It actually says further down in the article that the median for private sector pensions is much less. The companies listed are very much the exception to the rule. I would be surprised as well if these are open to all workers or just senior management.

 

[Brewster's millions]

By citing a Tory tax measure?

You're coming up with some odd stuff.

It’s not difficult to understand though, is it? Not if you stopped being a stooge for five minutes.

The tax burden was already set to rise, and rather than reverse that trend - which Reeves could do now that Labour are in power (important point that) - she’s actually going to add to the increase. So the rising tax burden we’ll see in the Budget will be Labour policy.

At the same time she’s already announced some big announced spending cuts. So why is Reeves saying no return to austerity, when that’s exactly what it is?

 

[blue b4 the moon]

They’d need to use ANPR type cameras like they’ll have on the M6 toll. Will need to put up cameras on all the main roads. You’ll pay more the more you drive but you do that anyway through fuel duty. The problem with the uptake in electric or hybrids is the state lose that fuel duty revenue when they running on battery power. It needs to be fair as always.

You won’t get clocked on minor roads. The risk is it sends traffic off main roads to avoid the per mile charge of course.

It's a funny old world, green is great unless it costs money then it's not quite as great.

Push everyone that way then nail them....it's called mugging the public.

 

[hilts]

It’s not difficult to understand though, is it? Not if you stopped being a stooge for five minutes.

The tax burden was already set to rise, and rather than reverse that trend - which Reeves could do now that Labour are in power (important point that) - she’s actually going to add to the increase. So the rising tax burden we’ll see in the Budget will be Labour policy.

At the same time she’s already announced some big announced spending cuts. So why is Reeves saying no return to austerity, when that’s exactly what it is?

You will not get them to admit the govt is bringing us continued austerity. They are acting in bad faith. Like the gifts and the pensioners it's beyond their capabilities as humans.

 

[hilts]

It's a funny old world, green is great unless it costs money then it's not quite as great.

Push everyone that way then nail them....it's called mugging the public.

The problems now are pretty much the same as they were 5 yrs ago 10 yrs ago 20 yrs.......

Individually these issues come round then dissappear for a bit then pop up again. Current govts seem unwilling or unable to deal with them. The opposition can easily stand up and shout what about......

The old cold folk
The feathering of the nests
The public services crumbling under austerity
The environment

Their supporters post with glee at the cruelty of it all. Tweet tweet, tweet tweet.

Then they get in and it becomes very uncomfortable for them. They seem to suffer severe memory loss and an inability to be honest. The reality seems to be that at best we hope some have it a little better.

Anyhow it's not austerity it's about managing your finances, not maxing out the credit card, strong and stable, it's all about the economy stupid.

Oh look there's Bill Murray.