The Labour Government

Hertzblue said:
I don't buy the " you haven’t saved enough so we’re going to make you work longer" line , they are trying to make it sound that it is for your own good.
More like they have failed to save anything from the Welfare bill - forget all that "it's a moral imperative" , "those that can work must work" stuff. They have done nothing ! Those that can work but choose not to will be also be allowed to do nothing !
So they need to cover that.
Plus of course ..
Smash those gangs - Not happened
All that extra cash from Non - Doms -Not happened
Grow the economy = Additional Tax - Not happened
etc etc
Delaying pensionable age by 1 year saves £8 - £10 Billion - that should cover a big chunk of it, that the reason.
Reality is that what Kendall says about the pension age etc is correct but expediency is the reason for her actions.
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She’s pissed through the extra £18bn she got from the £40bn NI hike. Another £8-10bn won’t last long and she’ll be back next year saying work just one more year.

Labour didn’t have, and doesn’t have, a plan.
 
metalblue said:
She’s pissed through the extra £18bn she got from the £40bn NI hike. Another £8-10bn she’ll be back next year saying work just one more year.

Labour didn’t have, and doesn’t have, a plan.
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They have a plan.

Just one that doesn't benefit the electorate.
 
Norbert D said:
Do you have any substantial evidence on the cost in GDP for this mythical mass exodus of extremely rich people? Maybe we can do bit of crowd funding to help them? I do know Brexit is costing over £100Billion a year in lost GDP, Starmer and his gang should zeroing in on this, not doing the Tories dirty work for them by attacking working poor.
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Can you please post some evidence of this 3.5% GDP cost caused by Brexit ?
Thanks
 
Norbert D said:
Get some facts instead of spouting propaganda and get back to me. You said you can look up the facts then do it.
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Do it yourself you lazy sod. I said YOU can look up the fact as well as I can.

I'm quite happy with my understanding of reality. You don't want to believe it, fine, fuck off and look it up for yourself. Or not. I don't care.
 
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Churchlawtonblue said:
Its not enough tho is it? How about some sanctions on Israel to pressure on them to stop killing innocent people and to stop them carrying out what looks like ethnic cleansing.
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Next logical step hopefully? It’s better than just trotting out “Israel has right to defend itself” shite or just saying nowt. I suspect the tories wouldn’t have said owt.

This country once had a reputation for sticking up for people.
 
Churchlawtonblue said:
Can you please post some evidence of this 3.5% GDP cost caused by Brexit ?
Thanks
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Brexit analysis - Office for Budget Responsibility

Since the announcement of the EU referendum we have been producing analysis and writing about the potential effects of Brexit on the economy and public finances. We have compiled our assumptions, judgements and analysis on this page.
obr.uk obr.uk

Lots of stuff in here, the figure quoted by the OBR is 4% of GDP.
 
Chippy_boy said:
Do it yourself you lazy sod. I said YOU can look up the fact as well as I can.

I'm quite happy with my understanding of reality. You don't want to believe it, fine, fuck off and look it up for yourself. Or not. I don't care.
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Ha ha bingo, you’re a fucking grade A bluffer. Btw I looked up the OBR link for your fellow traveller. Another btw are you a bot ?
 
Don Karleone said:
They opted for the John McDonnell method, which involved a strongly worded letter. That'll do the trick. Not a dig at you btw, but it's completely pointless.
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The language is at least ramping up. Lammy “utterly condemns” killing of civilians at aid sites and “war must end now”.

Of course we know Israel only listens to the US (if that’s even the case now) but we have to do whatever we can mate. However futile. The alternative is to be complicit. This should have happened a long time ago.
 
Norbert D said:

Brexit analysis - Office for Budget Responsibility

Since the announcement of the EU referendum we have been producing analysis and writing about the potential effects of Brexit on the economy and public finances. We have compiled our assumptions, judgements and analysis on this page.
obr.uk obr.uk

Lots of stuff in here, the figure quoted by the OBR is 4% of GDP.
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That link says 2/5ths of 4% (1.6%) is estimated to have occurred. To put it another way it’s estimated the economy is currently £57bn smaller as a result of Brexit.

So, in fairness, your assertion of 3.6% / £100bn isn’t the case. You may eventually be proven right however (or possibly conservative in your estimates).

Trouble is it’s hard to really extract the impact of covid, Ukraine and now Trump. The UK may well easily reverse the Brexit impacts simply by stint of being able to agree a deal with the US. Obviously that’ll almost certainly be a short term “correction”.
 
Chippy_boy said:
80? Arguably. 90 yes.

55? No chance. I am 64 and have benefitted from none of the things you mention. Bought my first house, and sold it for less than I paid for it - something that NEVER happened in prior years. Bought it on an endowment mortgage that was supposed to cover the £57,000 I borrowed (in 1988) and which paid our £32k, leaving me knackered etc etc. My generation has certainly not had it remotely "cushy", and like I say, I am 64 not 55.
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I too am 64. Maybe you were unlucky. I have never lost money on a house purchase and one move for work involved tripling the mortgage(also in 1988) moving from Manchester to Berkshire. Even during that time and the next few years, I continued to pay 8-10% into the company pension, often going without but knowing it was the right thing to do long term. Oh, chuck a divorce in there as well. No, my endowment didn't pay out fully either, but when it was clear there would be a shortfall, any pay rises went towards overpaying the mortgage which I immediately changed to a flexible "option" mortgage. I didn't go to uni but had I/we done so would have had no tuition fees(so you would have ordid benefit from that). Housing was significantly more affordable so you and I have benefitted from that too.

My point is that "our generation" had ample opportunity to insure our future. My wife is 56 and despite bringing up 2 kids on her own was never out of work(even in South Wales) and has a reasonable personal pension because she took the hit then knowing it was sensible to do so. She was able to afford to buy her own small house but did once spend 24 hours on a coach to the Costa Brava with her 2 young kids because flights were too expensive.

I'm sorry it didn't work out for you, but the opportunity was there, but maybe you didn't recognise it at the time. Your assertions that we didn't have it relatively easy is highly questionable.
 
metalblue said:
That link says 2/5ths of 4% (1.6%) is estimated to have occurred. To put it another way it’s estimated the economy is currently £57bn smaller as a result of Brexit.

So, in fairness, your assertion of 3.6% / £100bn isn’t the case. You may eventually be proven right however (or possibly conservative in your estimates).

Trouble is it’s hard to really extract the impact of covid, Ukraine and now Trump. The UK may well easily reverse the Brexit impacts simply by stint of being able to agree a deal with the US. Obviously that’ll almost certainly be a short term “correction”.
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Also due to Brexit, or just some random other reason?
 
Norbert D said:
Ha ha bingo, you’re a fucking grade A bluffer. Btw I looked up the OBR link for your fellow traveller. Another btw are you a bot ?
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And you’re a fine upstanding young fellow, I’m sure.

You can find the sources that tell you how many people will leave, just as well as I can. It took me 20 seconds. But we all know whatever I post you will just say is rubbish, so what’s the point. It’s like a school playground

Still here goes, knock yourself out:

How many non-doms are expected to leave the UK after Reeves' tax changes?

The number of non-doms expected to leave the UK after Rachel Reeves’ tax changes is uncertain, but current estimates from major analysts and surveys suggest a significant outflow, potentially between 25% and 40% of the non-dom population:
• The Centre for Economics and Business Research (CEBR) estimates that if 25% of non-doms leave, the Treasury would make no net gain from the changes. Their scenarios suggest that the departure rate could be higher: 33%, 40%, or even 50%—with each scenario increasing the fiscal loss to public revenues.
• A survey from Oxford Economics and other published research indicates that about 40% of current non-doms are considering leaving within two years of the policy change.
• The UK’s fiscal watchdog, the Office for Budget Responsibility (OBR), offers a more conservative estimate that 12% of the 74,000 non-doms would leave due to the reforms, which equates to roughly 8,900 individuals.
Companies House data (as reported by Bloomberg) shows more than 4,400 company directors left the UK in the past year, with a 75% increase in departures in April 2025 alone, notably in sectors popular with non-doms

Putting these numbers together:
• 12% (OBR estimate): ~8,900 non-doms
• 25% (CEBR scenario): ~18,500 non-doms
• 32% (Oxford Economics survey): ~23,700 non-doms
• 40% (high-end surveys/analyst view): ~29,600 non-doms
 
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metalblue said:
The language is at least ramping up. Lammy “utterly condemns” killing of civilians at aid sites and “war must end now”.

Of course we know Israel only listens to the US (if that’s even the case now) but we have to do whatever we can mate. However futile. The alternative is to be complicit. This should have happened a long time ago.
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To be fair to Lammy, he’s been calling it out for a while. This was from a Commons statement back in May:

‘We must call this what it is. It is extremism. It is dangerous. It is repellent. It is monstrous. And I condemn it in the strongest possible terms.’

Foreign Secretary’s Statement on Israel and Occupied Palestinian Terrotories
 
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