The Labour Government

"My timescales" were clearly set, so to speak by the ONS who published growth figures today. It's a snapshot of the first three months of the new government, nothing more nothing less.
So one of the timescales you quoted was set. The other 2, you chose. I could choose the FTSE over a year-up 7.81% (still not good) or GBP to USD up 2% over a year. As it is, GBP to USD is exactly the same as it was on July 5th and the FTSE very slightly down over the same period.
 
I might add that you might not be concerned by these latest figures ? but it gives me some comfort that our Chancellor Reeves has stated this morning that she is concerned, as they are clearly important.
She is right to be concerned about the low growth figure. I didn't hear her conflate it with the other 2 parameters you chose to throw into the mix. Anyway, let's hope we start to see some improvements over the next few months.
 
So one of the timescales you quoted was set. The other 2, you chose. I could choose the FTSE over a year-up 7.81% (still not good) or GBP to USD up 2% over a year. As it is, GBP to USD is exactly the same as it was on July 5th and the FTSE very slightly down over the same period.
Oh let it go for goodness sake, its surely a minor point. So what if it's my timescales it's my post! Do you really want to point score on trivia rather than discuss the issues at hand in a mature way ? Happy for you to offer an alternative timescale for the new government but I suspect you may struggle?
 
She is right to be concerned about the low growth figure. I didn't hear her conflate it with the other 2 parameters you chose to throw into the mix. Anyway, let's hope we start to see some improvements over the next few months.
But you're not concerned? Or have you changed your tune since Reeves statement?
 
The reliefs you speak of wont make up any real difference on the significant tax hike on most SMEs. It was effectively a token gesture for most.

Regarding big business, I mean as a proportion of their income they pay less than SMEs. I run an SME and pay all the required tax. Of course they pay employers NI but there are other taxes and big business use legal loopholes to avoid these. The FTSE100 pay next to zero corporation tax in the UK. Then throw in the likes of the international Internet business's that don't pay any VAT on trade done in the UK on top of not paying any corporation tax. It's pretty clear the advantages they have.
Your first paragraph just isn’t true. There are 1.6 million employers in the UK of which 1 million will end up paying less or the same. There are just 8000 large employers that employ 40% of the workforce.

The businesses under the most pressure are those medium size companies that are just about keeping afloat now. If your business is one of those you have my sympathies but it’s not true to say it’s the same problem for nearly all SMEs because it clearly isn’t.
 
Oh let it go for goodness sake, its surely a minor point. So what if it's my timescales it's my post! Do you really want to point score on trivia rather than discuss the issues at hand in a mature way ? Happy for you to offer an alternative timescale for the new government but I suspect you may struggle?
Yes. It is a minor point and your post, but, you choose to put it on a public forum giving the impression low growth, currency down and stock market down are all the fault of Labour without any supporting evidence for at least 2 of the indicators. Don't get arsey if someone chooses not to accept and challenge your assertions on said public forum. And in reply to your question, yes, I am concerned about low growth.
 
Your first paragraph just isn’t true. There are 1.6 million employers in the UK of which 1 million will end up paying less or the same. There are just 8000 large employers that employ 40% of the workforce.

The businesses under the most pressure are those medium size companies that are just about keeping afloat now. If your business is one of those you have my sympathies but it’s not true to say it’s the same problem for nearly all SMEs because it clearly isn’t.
We shall have to agree to dissagree on the above.
 
Yes. It is a minor point and your post, but, you choose to put it on a public forum giving the impression low growth, currency down and stock market down are all the fault of Labour without any supporting evidence for at least 2 of the indicators. Don't get arsey if someone chooses not to accept and challenge your assertions on said public forum. And in reply to your question, yes, I am concerned about low growth.
They weren't assumptions they were facts. Economic facts over a timescale chosen by me, which strangely as it seems, references the current government on their thread. I also clearly stated that it was early days and there were other factors at large. I also stated it was an observation, despite you trying to twist things.

As stated im happy for you to contribute to the debate by offering up other economic indicators for the last three months or another timescale for the new government ?
 
Last edited:
Fake reds?? Sorry I don't follow.
We had a fair few centrists' of a Labour persuasion who for years followed a certain socialist mantra things like

Look after the elderly our pensions ate too low
Austerity is a ideological choice not a necessity
Politicians should be truthful, honest and not lining their pockets

Then their party got in and they discarded it all, hence false reds.

The purples.
 
We had a fair few centrists' of a Labour persuasion who for years followed a certain socialist mantra things like

Look after the elderly our pensions ate too low
Austerity is a ideological choice not a necessity
Politicians should be truthful, honest and not lining their pockets

Then their party got in and they discarded it all, hence false reds.

The purples.
None of which are socialist traits.
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.