All this Budget Speculation 23:28 - Oct 18 with 27053 views | JACKMANANDBOY | The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more. There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect. With all that is happening in the World having some gold makes a lot of sense right now. |  |
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All this Budget Speculation on 14:26 - May 22 with 1125 views | controversial_jack |
All this Budget Speculation on 09:17 - May 22 by raynor94 | Pardon! |
At the time of posting it was, but it's up slightly now, but so were wages and economic growth |  | |  |
All this Budget Speculation on 14:39 - May 22 with 1117 views | raynor94 |
All this Budget Speculation on 14:26 - May 22 by controversial_jack | At the time of posting it was, but it's up slightly now, but so were wages and economic growth |
And forecasted to stay at this level for the rest of the year, Reeves has been a disaster surely she hasn't got long left. |  |
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All this Budget Speculation on 14:44 - May 22 with 1115 views | JACKMANANDBOY |
All this Budget Speculation on 14:39 - May 22 by raynor94 | And forecasted to stay at this level for the rest of the year, Reeves has been a disaster surely she hasn't got long left. |
UK borrowing costs now higher than under Truss, the highest since 2008. |  |
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All this Budget Speculation on 14:56 - May 22 with 1084 views | Whiterockin | I challenge any labour supporter to say they are doing well and give the reason you believethey are. Without whatsaboutary only pure facts. |  | |  |
All this Budget Speculation on 15:06 - May 22 with 1070 views | SullutaCreturned |
All this Budget Speculation on 14:56 - May 22 by Whiterockin | I challenge any labour supporter to say they are doing well and give the reason you believethey are. Without whatsaboutary only pure facts. |
They've made mistakes, obviously but I genuinely believe the recent trade deals and the ongoing EU discussions are a good thing after the shit show the tories gave us. It was always going to take a while to turn things around and despote a bad start, things are starting to look better. |  | |  |
All this Budget Speculation on 15:08 - May 22 with 1068 views | Flashberryjack |
All this Budget Speculation on 14:44 - May 22 by JACKMANANDBOY | UK borrowing costs now higher than under Truss, the highest since 2008. |
Reeves makes Truss look like a financial genius. Don't worry, we've still got this lot to save th day, David Lammy, Ed Mliband, Angela Rayner, Jess Philips and Peter Mandelson. |  |
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All this Budget Speculation on 17:21 - May 22 with 1043 views | JACKMANANDBOY |
All this Budget Speculation on 15:06 - May 22 by SullutaCreturned | They've made mistakes, obviously but I genuinely believe the recent trade deals and the ongoing EU discussions are a good thing after the shit show the tories gave us. It was always going to take a while to turn things around and despote a bad start, things are starting to look better. |
We need to see the details of what's been agreed or will be agreed, all we have so far is Starmer saying this is fantastic. |  |
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All this Budget Speculation on 17:39 - May 22 with 1041 views | SullutaCreturned |
All this Budget Speculation on 17:21 - May 22 by JACKMANANDBOY | We need to see the details of what's been agreed or will be agreed, all we have so far is Starmer saying this is fantastic. |
I said good thing, not fantastic. I totally agree that Labour had a poor start but that doesn't mean they can't improve. Mind you I also agree that the odds are against them whatwith Lammy, Rayner etc. |  | |  | Login to get fewer ads
All this Budget Speculation on 18:21 - May 22 with 1010 views | majorraglan |
All this Budget Speculation on 15:08 - May 22 by Flashberryjack | Reeves makes Truss look like a financial genius. Don't worry, we've still got this lot to save th day, David Lammy, Ed Mliband, Angela Rayner, Jess Philips and Peter Mandelson. |
Reeves is far from stellar, but she’s much streets ahead of Truss. The latter proposed huge unfunded tax cuts for the most affluent, Reeves has increased taxes in an attempt to improve public services not to give the cash to the rich. As far Lammy etc, the less said the better. |  | |  |
All this Budget Speculation on 21:20 - May 22 with 956 views | Dr_Winston |
All this Budget Speculation on 18:21 - May 22 by majorraglan | Reeves is far from stellar, but she’s much streets ahead of Truss. The latter proposed huge unfunded tax cuts for the most affluent, Reeves has increased taxes in an attempt to improve public services not to give the cash to the rich. As far Lammy etc, the less said the better. |
Why not leave taxes where they are and reduce waste in public spending? Can reinvest that back into services then without taking an axe to the labour market. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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All this Budget Speculation on 06:12 - May 23 with 903 views | Whiterockin |
All this Budget Speculation on 21:20 - May 22 by Dr_Winston | Why not leave taxes where they are and reduce waste in public spending? Can reinvest that back into services then without taking an axe to the labour market. |
Just to much common sense there. Politicians just want to prove a point by doing the opposite of the previous government. Self interest and ego comes first they care little about what is the best for the country. |  | |  |
All this Budget Speculation on 07:17 - May 23 with 870 views | Dr_Winston |
All this Budget Speculation on 06:12 - May 23 by Whiterockin | Just to much common sense there. Politicians just want to prove a point by doing the opposite of the previous government. Self interest and ego comes first they care little about what is the best for the country. |
The older I get the more I start to think that benevolent dictatorship is the best form of Government. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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All this Budget Speculation on 12:09 - May 24 with 747 views | SullutaCreturned |
All this Budget Speculation on 21:20 - May 22 by Dr_Winston | Why not leave taxes where they are and reduce waste in public spending? Can reinvest that back into services then without taking an axe to the labour market. |
Thing is, whenever any government tries to cut waste they get massive pushback. Look at when the Senedd wanted to cut the number of councils, they got dogs abuse from the local authorities and the Senedd gave up. Cuts in Westminsters public spending will see the unions up in arms. The things that most people in this country agree we need will see many of those people fighting against those changes when it comes to their own workplaces. Wales local government is a basket case of un-needed jobs, wasteful spending and innefficiency. Westminster/England is probably worse though I ibviously don't see it as mcuh as I do in Wales. |  | |  |
All this Budget Speculation on 12:13 - May 24 with 744 views | JACKMANANDBOY |
All this Budget Speculation on 12:09 - May 24 by SullutaCreturned | Thing is, whenever any government tries to cut waste they get massive pushback. Look at when the Senedd wanted to cut the number of councils, they got dogs abuse from the local authorities and the Senedd gave up. Cuts in Westminsters public spending will see the unions up in arms. The things that most people in this country agree we need will see many of those people fighting against those changes when it comes to their own workplaces. Wales local government is a basket case of un-needed jobs, wasteful spending and innefficiency. Westminster/England is probably worse though I ibviously don't see it as mcuh as I do in Wales. |
My guess Wales is worse if only because of the amount of government and public bodies in Wales. |  |
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All this Budget Speculation on 12:27 - May 24 with 729 views | Dr_Winston |
All this Budget Speculation on 12:13 - May 24 by JACKMANANDBOY | My guess Wales is worse if only because of the amount of government and public bodies in Wales. |
Wales is particularly vulnerable because of the sheer volume of people dependent upon the public purse for sure. It's perhaps the single biggest reason why actual Independence would be an absolute nightmare. You wouldn't just lose Westminster funding, we'd lose Westminster jobs. 90-95% of the DVLA staff gone just for starters. It's a battle that is going to have to be fought at some point, just as the battles between the state and trades unions were in the 80's. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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All this Budget Speculation on 12:28 - May 24 with 729 views | SullutaCreturned |
All this Budget Speculation on 12:13 - May 24 by JACKMANANDBOY | My guess Wales is worse if only because of the amount of government and public bodies in Wales. |
You may be right but as I have told others, I don't see what goes on across the border because I don't live there and where I live is run by the Senedd. I said England may be worse which is purely because of scale, maybe then LGA's across England waste a lot more money because jointly they have a lot more to waste. All I am certain of is the Welsh LGA's, all 22 of them, waste a lot of money, as does the Senedd itself.. Yes Kilkenny, much less than Westminster but again, it's a matter of scale. |  | |  |
All this Budget Speculation on 15:19 - May 24 with 684 views | swan65split |
All this Budget Speculation on 07:17 - May 23 by Dr_Winston | The older I get the more I start to think that benevolent dictatorship is the best form of Government. |
As a child of the fifties, ive grown up and seen the Govts of the past blame the unions, and then sell or close eveything that was the norm in my lifetime, and seen other countries thrive despite what we have had occur since then. Sadly weve been miss managed since the day i was born, and reaching my twighlight years , i see no light at the end of the tunnel , no saviour for the Country or my G/kids. Whatever treasures weve had ,have been wasted or moved offshore. |  | |  |
All this Budget Speculation on 10:51 - May 25 with 551 views | controversial_jack |
All this Budget Speculation on 15:19 - May 24 by swan65split | As a child of the fifties, ive grown up and seen the Govts of the past blame the unions, and then sell or close eveything that was the norm in my lifetime, and seen other countries thrive despite what we have had occur since then. Sadly weve been miss managed since the day i was born, and reaching my twighlight years , i see no light at the end of the tunnel , no saviour for the Country or my G/kids. Whatever treasures weve had ,have been wasted or moved offshore. |
There was the post war consensus where most organisations tended to pull together and it worked. We had the OPEC oil embargo in the 70s , as a response the the west backing Israel in their war. Inflation rose because of high prices for oil. Thatcher came in and blamed high welfare spending and the unions on the countries problems. That ended, oil flowed again prices dropped and so did inflation. Of course she claimed credit for it. It was too late then, many things had been sold off or were going to. unions broken and Employment rights eroded. We haven't recovered since |  | |  |
All this Budget Speculation on 13:22 - May 25 with 529 views | swan65split |
All this Budget Speculation on 10:51 - May 25 by controversial_jack | There was the post war consensus where most organisations tended to pull together and it worked. We had the OPEC oil embargo in the 70s , as a response the the west backing Israel in their war. Inflation rose because of high prices for oil. Thatcher came in and blamed high welfare spending and the unions on the countries problems. That ended, oil flowed again prices dropped and so did inflation. Of course she claimed credit for it. It was too late then, many things had been sold off or were going to. unions broken and Employment rights eroded. We haven't recovered since |
Yep, she destroyed more than industries! |  | |  |
All this Budget Speculation on 00:53 - May 26 with 460 views | Kilkennyjack |
All this Budget Speculation on 14:56 - May 22 by Whiterockin | I challenge any labour supporter to say they are doing well and give the reason you believethey are. Without whatsaboutary only pure facts. |
Net migration to the UK halved to 431,000 in 2024, according to the ONS. This seems like a popular thing to have achieved. |  |
| Beware of the Risen People
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All this Budget Speculation on 01:00 - May 26 with 455 views | Kilkennyjack |
All this Budget Speculation on 12:27 - May 24 by Dr_Winston | Wales is particularly vulnerable because of the sheer volume of people dependent upon the public purse for sure. It's perhaps the single biggest reason why actual Independence would be an absolute nightmare. You wouldn't just lose Westminster funding, we'd lose Westminster jobs. 90-95% of the DVLA staff gone just for starters. It's a battle that is going to have to be fought at some point, just as the battles between the state and trades unions were in the 80's. |
Wales would save money on not needing a large army, navy, airforce - think Ireland scale. Incoming civil service jobs would far far exceed any dvla losses. DWP, Inland Revenue, Courts and Policing, Home Office, Foreign Office, Treasury, Cabinet Office. Its a compelling reason for Indy. |  |
| Beware of the Risen People
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All this Budget Speculation on 08:01 - May 26 with 388 views | johnlangy |
All this Budget Speculation on 01:00 - May 26 by Kilkennyjack | Wales would save money on not needing a large army, navy, airforce - think Ireland scale. Incoming civil service jobs would far far exceed any dvla losses. DWP, Inland Revenue, Courts and Policing, Home Office, Foreign Office, Treasury, Cabinet Office. Its a compelling reason for Indy. |
Correct Kilkenny. Wales would need it's own Civil Service which would replace the jobs lost. Probably not literally the exact same number (how could we see that far ahead) but fairly similar. With a lot less money outgoing in certain other areas as you say. |  | |  |
All this Budget Speculation on 09:58 - May 26 with 353 views | Dr_Winston |
All this Budget Speculation on 08:01 - May 26 by johnlangy | Correct Kilkenny. Wales would need it's own Civil Service which would replace the jobs lost. Probably not literally the exact same number (how could we see that far ahead) but fairly similar. With a lot less money outgoing in certain other areas as you say. |
Wales would need 5000 people to manage its driver and vehicle registration organisation? Of course not. Those carrying out central government work currently would transfer over, minus the thousands who deal with matters from other parts of the UK, who would be made redundant. Alongside the DVLA and DVSA, HMRC has more employees based in Wales now than would be needed by any theoretical Welsh revenue services. Approximately 25% of the entire Welsh workforce is public sector, an utterly unsustainable figure. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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All this Budget Speculation on 14:09 - May 26 with 285 views | Whiterockin |
All this Budget Speculation on 09:58 - May 26 by Dr_Winston | Wales would need 5000 people to manage its driver and vehicle registration organisation? Of course not. Those carrying out central government work currently would transfer over, minus the thousands who deal with matters from other parts of the UK, who would be made redundant. Alongside the DVLA and DVSA, HMRC has more employees based in Wales now than would be needed by any theoretical Welsh revenue services. Approximately 25% of the entire Welsh workforce is public sector, an utterly unsustainable figure. |
And you could bet your last pound where any new Welsh Government jobs would be based. |  | |  |
All this Budget Speculation on 14:22 - May 26 with 265 views | SullutaCreturned |
All this Budget Speculation on 08:01 - May 26 by johnlangy | Correct Kilkenny. Wales would need it's own Civil Service which would replace the jobs lost. Probably not literally the exact same number (how could we see that far ahead) but fairly similar. With a lot less money outgoing in certain other areas as you say. |
There are approx 30,000 UK civil service jobs in Wales, I'd be surprised if we needed 25% of that if we went Indy and we couldn't afford the same pay scales.The head of the UK civil service gets over 200k. Copy and paste sorry... civilserviceworld.com/professions/article/cabinet-office-reveals-highest-earners-with-hs2-chief-at-top#:~:text=Cabinet%20secretary%20and%20civil%20service,of%20£210%2C000-£214%2C999. We already have too many politicians in Wales, before we increaseed them, how many civil service jobs will this bunch of spongers employ? We only have a 3.2 million population. Then will they get the same expense accounts as the Westminster spongers emply? |  | |  |
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