thegregster
Harbinger of new information
- Joined
- Nov 4, 2009
- Messages
- 13,917
Liebour strikes again.
Liebour strikes again.
What are your views on the need to tighten up electoral funding laws?It is still the right decision.
All for it, amazed and annoyed that these loopholes still exist despite years of scandals and apparent action. That said, parties need to be funded.What are your views on the need to tighten up electoral funding laws?
I wonder whether it will take Musk to donate a ridiculous amount for something to be tightened up.All for it, amazed and annoyed that these loopholes still exist despite years of scandals and apparent action. That said, parties need to be funded.
And the reason for this is ...... to avoid paying tax like most of the rich folk out there
The ombudsman has spent a year or more investigating this and recommended they are paid, because they absolutely 100% got robbed by the government.It is still the right decision.
What other reason could there be?Yes because it's so easy to set up as a charity to avoid tax.
Sadly, governments have been avoiding ombuds judgements for decades. None of it is enforceable.The ombudsman has spent a year or more investigating this and recommended they are paid, because they absolutely 100% got robbed by the government.
It isn;t the right desicion for that reason alone.
But if the government can avoid the industry ombudsman, any industry ombudsman, how do you think that will end? It means the government have no accountability at all, and you cheer it on.
I don't agree with the ombudsman because (a) I think individuals have an obligation to know - not guess - how they will retire (b) there are issues of generational fairness here that were not in the ombudsman's remit but the government has to consider.The ombudsman has spent a year or more investigating this and recommended they are paid, because they absolutely 100% got robbed by the government.
It isn;t the right desicion for that reason alone.
But if the government can avoid the industry ombudsman, any industry ombudsman, how do you think that will end? It means the government have no accountability at all, and you cheer it on.
From my understanding £10.5bn was the bill for compensating all of that generation, but it ranged down to £3.5bn if you paid out to those who weren't aware. Problem it was always impossible to know who was and wasn't aware of the changes at the time though. The DWP's own surveys showed a significant percentage didn't know, so they should have stepped up their info campaigns, but there will always be a proportion of folk who don't engage with government messaging whatever you do.I don't agree with the ombudsman because (a) I think individuals have an obligation to know - not guess - how they will retire (b) there are issues of generational fairness here that were not in the ombudsman's remit but the government has to consider.
When people were retiring at 58 because they wrongly thought they were going to get the state pension at 60, and didn't actually check if that was the case, then that is partly on them, however good or bad the government information was at the time.
The estimated bill to "compensate" these people for not being able to take state funded retirement at 60 (!) is £10 billion (!!) which would be paid by you, me and people in their 20s and 30s, who will be lucky if they get a pension before they are 70, if at all. That is ludicrously unfair and I think the govt is right to say they aren't going to fund it.
.UK inflation has risen to its highest level in eight months, adding to pressure on the Bank of England to keep interest rates unchanged on Thursday despite a slowdown in the British economy.
Figures from the Office for National Statistics show the consumer prices index (CPI) rose by 2.6% last month from 2.3% in October, driven by the rising cost of groceries and an increase in tobacco duty in the budget.
The reading, which matched City economists’ forecasts, pushed the headline inflation rate further above the Bank’s 2% target for a second consecutive month.
Threadneedle Street is widely expected to keep interest rates unchanged at the current level of 4.75% on Thursday when its monetary policy committee meets to set borrowing costs.
The Bank had forecast inflation would rise towards the end of the year after temporarily falling below 2% in September. Inflation has dropped from a peak of more than 11% in the second half of 2022 after Russia’s invasion of Ukraine fuelled a surge in energy prices.
However, there are signs of the economy losing momentum after gross domestic product (GDP) unexpectedly fell by 0.1% in October. Business surveys also show that employment levels are falling at the fastest pace since the global financial crisis in 2009 outside the Covid pandemic.
https://www.theguardian.com/busines...igh-adding-to-pressure-to-hold-interest-rates
US CPI rose to 2.7% in November, highest in seven months, and even in Europe it rose to 2.3%, highest since August, for a broader picture. The BoE probably will hold, but will be interesting to see if the market is right on the Fed cutting again or it surprises.
Cheers.US CPI rose to 2.7% in November, highest in seven months, and even in Europe it rose to 2.3%, highest since August, for a broader picture. The BoE probably will hold, but will be interesting to see if the market is right on the Fed cutting again or it surprises.
Oh for sure. There’s a very clear generation divide when it comes to what the media want to highlight.I wish the media had the same energy every time the government fecked over the younger generations over the last few decades.
Have to say, whilst he was lacking in virtually every other aspect of the job, Sunak did bring inflation under control from a particularly unique and dire situation.
Labour have only shown their frailties so far in government and whilst I stand with them on the majority of social issues they're looking pretty naive on the economy right now.
I was at Southampton train station last week and for a tea and mars bar it costed me £4.50!
Revolution can’t come soon enough.
Sorry to hear this
It's clear that labour are front loading all the difficult decisions into the first year. Nobody will be talking about winter fuel or farmers in 3 years time. All that matters is making the right decisions for the long term, not chasing current polling numbers. Thank goodness they have the foresight to understand that.
Sunak didn't do anything to control inflation, the Bank of England did.
The terrible burden of what... having to go back to work at 60? Having to not retire because you can't afford to? Like everyone?I think Baroness Altmann's suggestion of a hardship fund for the worst affected would have been a reasonable compromise. You support those pensioners really struggling -and the culture and info supporting women saving in pensions was awful for decades- and maybe the bill is a more palatable £1.5-2bn. Maybe harsh younger generations are seen to pay it, but it's for people's grans and grandads.
The Tories taking the moral high ground over this, after spending years refusing to do anything, also takes some chutzpah.My mum will kill me for this but...
These women had 15 years to make provisions for this...
Labour look fecking daft for supporting it all when in campaign mode, but there was nothing in the manifesto about this.
(prepping for input from Pexbo etc)
the Tories have a nerve trying to hold a moral high ground over ANYTHING.The Tories taking the moral high ground over this, after spending years refusing to do anything, also takes some chutzpah.
The Tories left traps everywhere for Labour, both deliberate and accidental. Labour shouldn't have identified themselves with the campaign but also, they did not know just how dire the state of the public finances were (and the Tories did).The Tories taking the moral high ground over this, after spending years refusing to do anything, also takes some chutzpah.
If only we hadn't spent that £1200, we'd be able to fund the Waspi women, is that what you are saying?Yeah, you wouldn't want to waste taxpayers money, would you?
Government department spends £1,200 on two folders
https://www.bbc.co.uk/news/articles/c3vrw9pd16do
Depends how many other folders they bought.If only we hadn't spent that £1200, we'd be able to fund the Waspi women, is that what you are saying?
If only we hadn't spent that £1200, we'd be able to fund the Waspi women, is that what you are saying?
But sources suggest the extra expense is justified to enhance the image of the government.
It's the Rashford argument - you can't take £350k per week and not apply yourself to the highest standards on the pitch when other people in the organisation are losing their jobs.If only we hadn't spent that £1200, we'd be able to fund the Waspi women, is that what you are saying?