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Post by Tim on Sept 4, 2024 13:23:42 GMT
Its total nonsense - I remain amused at how bad a job they are doing of such a slam-dunk. Its just all doom and gloom and writing off Britain plc, which is something people worry about with Labour. More and more data about how Britain has been doing the best of the G7 countries this year is not helping them. Daft finger pointing is no help, just be honest and say that COVID and Ukraine have fucked us, and we need to be careful with spending and raise more taxes to pay for it. Though they only want to do the latter part........ If they do remove higher rate pension tax relief and make it flat (lowr) rate, that will mightily pee me off. There is tonnes of data that people in the private sector don't save enough towards retirement (retiring with pensions on average half the public sector's, despite that not being where the big money is usually earned). I can see room for tinkering with tax free lump sums and total amounts payable to a pension each year and so on, but making pension tax relief flat rate just hammers people in the 40% bracket being sensible in planning for their retirement. Which should help the government as they'll have a lot of it back off us for adult social care..... At the moment they are just giving in to the Unions, culling investment projects, hurting anyone on the 40% tax bracket (which is not exactly the mega rich) and making childish comments about their predecessors. Starmer's comments about how he would work hard for those that did not vote for him, are already exposed as total BS and many of the cabinet just seem like nasty negative little weasels. Like with Brexit: you got what you voted for. Enjoy your medicine! To be fair to Labour the Tories were still doing the 'daft finger pointing' until very recently (perhaps as late as early July 2024!) so I reckon they've got at least 2 full parliaments of it. The pension issue is often overlooked. We have a friend who now works for the DWP where her employer contribution is approx 27% against employee of around 8%. Due to some poor employment choices I didn't join a work pension scheme until I was 31 and from memory the employer contributed a maximum of 5%. Mrs Tim works in the further education sector and her employee contribution has recently been lowered  |
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Post by Tim on Sept 4, 2024 13:28:34 GMT
Far too many people's definition of "rich" seems to be anybody with more money than me. Who can therefore afford to pay more tax, whereas I cannot. My wife has always been more left wing than me, but I can see her moving in my direction now! Her sister is incredibly left-leaning which is ironic as her son got a scholarship to Stowe, yet she is in favour of the 20% VAT on school fees. Both my brother's kids went to a very expensive private school in York but he's gone completely left wing over the last few years. I wonder if he'd be so in favour of VAT on the fees if he was still paying them? He even voted Jeremy Corbyn in 2019. It's ironic as I've always been completely against any form of educational apartheid. I'd ban all private or religious schools - no catholic, C of E, Jewish, Islamic either. Every kid would go to the their local school, none of this transporting them through the rush hour, contributing to pollution and congestion. Put them all in the one big melting pot within walking distance. Society would improve within a generation. I agree too. I got into a mildly warm discussion with my mum and an aunt a few years ago because they were both saying how fantastic grammar schools were, looking back through rose tinted spectacles from the distance of 55 years or so. That may be true but then there was an entrance exam so they effectively filtered out the poor performing students and, presumably as a result also attracted the best teachers. To my mind, having NOT been through any of that system, at that point the thick kids were effectively written off with little chance to actually improve their education prospects after the age off, I think, 11. Going to a comprehensive doesn't appear to have done me any undue harm (Others may disagree). |
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Post by PetrolEd on Sept 4, 2024 13:50:43 GMT
Both my brother's kids went to a very expensive private school in York but he's gone completely left wing over the last few years. I wonder if he'd be so in favour of VAT on the fees if he was still paying them? He even voted Jeremy Corbyn in 2019. It's ironic as I've always been completely against any form of educational apartheid. I'd ban all private or religious schools - no catholic, C of E, Jewish, Islamic either. Every kid would go to the their local school, none of this transporting them through the rush hour, contributing to pollution and congestion. Put them all in the one big melting pot within walking distance. Society would improve within a generation. I agree too. I got into a mildly warm discussion with my mum and an aunt a few years ago because they were both saying how fantastic grammar schools were, looking back through rose tinted spectacles from the distance of 55 years or so. That may be true but then there was an entrance exam so they effectively filtered out the poor performing students and, presumably as a result also attracted the best teachers. To my mind, having NOT been through any of that system, at that point the thick kids were effectively written off with little chance to actually improve their education prospects after the age off, I think, 11. Going to a comprehensive doesn't appear to have done me any undue harm (Others may disagree). As a product of one of these expensive educational establishments I would agree also. Though tbf sometimes a Boarding school is required as my folks moved around a bit due to my fathers work and therefore to have a steady education, boarding school suited better then being moved to different schools across the world. Or we ship all the rich kids off to Switzerland for an education to become even more out of touch. |
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Post by Roadrunner on Sept 4, 2024 14:21:54 GMT
Far too many people's definition of "rich" seems to be anybody with more money than me. Who can therefore afford to pay more tax, whereas I cannot. My wife has always been more left wing than me, but I can see her moving in my direction now! Her sister is incredibly left-leaning which is ironic as her son got a scholarship to Stowe, yet she is in favour of the 20% VAT on school fees. Both my brother's kids went to a very expensive private school in York but he's gone completely left wing over the last few years. I wonder if he'd be so in favour of VAT on the fees if he was still paying them? He even voted Jeremy Corbyn in 2019. It's ironic as I've always been completely against any form of educational apartheid. I'd ban all private or religious schools - no catholic, C of E, Jewish, Islamic either. Every kid would go to the their local school, none of this transporting them through the rush hour, contributing to pollution and congestion. Put them all in the one big melting pot within walking distance. Society would improve within a generation. I hear what you say but the 'one size fits all' model for education has been a proven failure. Don't get me started on the place I went to... Whether state or private, we need schools of different flavours to suit different needs. W goes to a relatively small, selective state school near here which is a perfect fit for him. My first priority was for him to avoid the square peg in a round hole education that I had and I could see that this would be the right school for him. Quite a traditional, old fashioned school in many ways, but a place where a slightly on the spectrum academic can thrive among similarly focused peers. Also, it just so happens that the school routinely turns out the highest exam results in the county, even including fee-paying schools. While this has been the perfect school for W, I know that it would be close to hell on earth for some of his erstwhile primary school friends, who have gone off to thrive at various other schools. These include a business academy in Coventry and a football academy in Cheltenham. I am all in favour of the 20% VAT on school fees if this opens up more similar opportunities for those unable or unwilling to pay tens of thousands for education. |
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Post by racingteatray on Sept 4, 2024 14:37:00 GMT
Wall to wall private school across my extended family you may possibly not be surprised to hear. So far as I can tell, our ancestors have been going to private schools for generations. We haven't yet remotely conquered the world, so make of that what you will.
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Post by Bob Sacamano v2.0 on Sept 4, 2024 14:40:48 GMT
Both my brother's kids went to a very expensive private school in York but he's gone completely left wing over the last few years. I wonder if he'd be so in favour of VAT on the fees if he was still paying them? He even voted Jeremy Corbyn in 2019. It's ironic as I've always been completely against any form of educational apartheid. I'd ban all private or religious schools - no catholic, C of E, Jewish, Islamic either. Every kid would go to the their local school, none of this transporting them through the rush hour, contributing to pollution and congestion. Put them all in the one big melting pot within walking distance. Society would improve within a generation. I hear what you say but the 'one size fits all' model for education has been a proven failure. Don't get me started on the place I went to... Whether state or private, we need schools of different flavours to suit different needs. W goes to a relatively small, selective state school near here which is a perfect fit for him. My first priority was for him to avoid the square peg in a round hole education that I had and I could see that this would be the right school for him. Quite a traditional, old fashioned school in many ways, but a place where a slightly on the spectrum academic can thrive among similarly focused peers. Also, it just so happens that the school routinely turns out the highest exam results in the county, even including fee-paying schools. While this has been the perfect school for W, I know that it would be close to hell on earth for some of his erstwhile primary school friends, who have gone off to thrive at various other schools. These include a business academy in Coventry and a football academy in Cheltenham. I am all in favour of the 20% VAT on school fees if this opens up more similar opportunities for those unable or unwilling to pay tens of thousands for education. Well, I didn't expect it to be a universally popular opinion, although I didn't think so many would agree with me. I went to the local Comprehensive (an ex-Grammar School) and it had a really good mix of pupils of all abilities and we were put into "streams" depending on how good we were at a particular subject. It seemed to work and the school is still one of the top State schools in the North East (the Head Master is an old school friend of mine). My brother went to the same school but my sister, who is 8 years younger than me, due to some boundary changes, went to a private day school in Newcastle. It is quite noticeable, when I mix with her circle of school friends, how very different they are to mine in wealth and background. Her kids went to private school and it's funny to see parents flying off with the cricket/rugby team to train and play matches on a tour to Dubai or HK, while our teams went to Ashington or, on special occasions, North Yorkshire.. |
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Post by alf on Sept 4, 2024 15:49:57 GMT
Thats the thing I don't get about the grammar vs comprehensive argument... I went to a grammar school as I was lucky enough to be in a part of the country where we still had them then (Kent). We didn't stream as we were all academically selected already (we were regulartly top 10 in the UK for exam results despite being a state school). But how is pre-streaming, any different to going to comprehensive, then having streams within that school? Little Tommy is still being discriminated against in the eyes of some. It can lead to a ridiculous "doublethink" situation such as my daughter's, she got a late offer of a place in her (state) school of choice so the school had no details about her. It was apparant she was in the wrong streams, yet the school claimed they didn't stream. We pressed the point and she was moved "for other reasons" to the correct stream, all the while they were falling over themslves to explain, they don't stream. That kind of doublethink gaslighting BS totally boils my p*ss and the public sector is rife with it.
Meanwhile other countries like Germany stream people based on exam results throughout their academic life, eventually pointing you towards ongoing academia or vocational training, and keeping you in the same school year (or kicking you out if old enough) if you fail the year. And we're being told to look up to them and learn from them, while having to pretend we don't stream. Utter BS.
I think everyone naturally likes (or hates) their own personal experience, just as everyone would like to see others taxed. FWIW I too would like a totally secular education system to stop the echo chambers of religious (or just weird) schools - echo chambers being a big issue in online life already. But it needs academic streaming - between or within establishments - to be effective at scale. Because whatever Labour would like, we are not all the same.
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Post by Boxer6 on Sept 4, 2024 15:53:21 GMT
Wall to wall private school across my extended family you may possibly not be surprised to hear. So far as I can tell, our ancestors have been going to private schools for generations. We haven't yet remotely conquered the world, so make of that what you will. Slackers!!! |
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Post by Tim on Sept 4, 2024 16:20:02 GMT
Thats the thing I don't get about the grammar vs comprehensive argument... I went to a grammar school as I was lucky enough to be in a part of the country where we still had them then (Kent). We didn't stream as we were all academically selected already (we were regulartly top 10 in the UK for exam results despite being a state school). But how is pre-streaming, any different to going to comprehensive, then having streams within that school? Little Tommy is still being discriminated against in the eyes of some. It can lead to a ridiculous "doublethink" situation such as my daughter's, she got a late offer of a place in her (state) school of choice so the school had no details about her. It was apparant she was in the wrong streams, yet the school claimed they didn't stream. We pressed the point and she was moved "for other reasons" to the correct stream, all the while they were falling over themslves to explain, they don't stream. That kind of doublethink gaslighting BS totally boils my p*ss and the public sector is rife with it. Meanwhile other countries like Germany stream people based on exam results throughout their academic life, eventually pointing you towards ongoing academia or vocational training, and keeping you in the same school year (or kicking you out if old enough) if you fail the year. And we're being told to look up to them and learn from them, while having to pretend we don't stream. Utter BS. I think everyone naturally likes (or hates) their own personal experience, just as everyone would like to see others taxed. FWIW I too would like a totally secular education system to stop the echo chambers of religious (or just weird) schools - echo chambers being a big issue in online life already. But it needs academic streaming - between or within establishments - to be effective at scale. Because whatever Labour would like, we are not all the same. I think (no kids, not been to school for over 35 years!) the Scottish system is a bit different. As far as I know we don't have grammar schools so its comprehensive or private. When I was at high school for the 1st year we were put in classes alphabetically by surname but from 2nd year onwards it was based on performance. e.g. Those who did well at 1st year French got to do latin in 2nd year (3 classes) and in things like maths you were put into classes with people of a similar ability so all the thickos ended up together. However, since it was adjusted each year if a thicko started to do well they could end up in a different class next year, etc |
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Post by Boxer6 on Sept 4, 2024 19:32:00 GMT
Thats the thing I don't get about the grammar vs comprehensive argument... I went to a grammar school as I was lucky enough to be in a part of the country where we still had them then (Kent). We didn't stream as we were all academically selected already (we were regulartly top 10 in the UK for exam results despite being a state school). But how is pre-streaming, any different to going to comprehensive, then having streams within that school? Little Tommy is still being discriminated against in the eyes of some. It can lead to a ridiculous "doublethink" situation such as my daughter's, she got a late offer of a place in her (state) school of choice so the school had no details about her. It was apparant she was in the wrong streams, yet the school claimed they didn't stream. We pressed the point and she was moved "for other reasons" to the correct stream, all the while they were falling over themslves to explain, they don't stream. That kind of doublethink gaslighting BS totally boils my p*ss and the public sector is rife with it. Meanwhile other countries like Germany stream people based on exam results throughout their academic life, eventually pointing you towards ongoing academia or vocational training, and keeping you in the same school year (or kicking you out if old enough) if you fail the year. And we're being told to look up to them and learn from them, while having to pretend we don't stream. Utter BS. I think everyone naturally likes (or hates) their own personal experience, just as everyone would like to see others taxed. FWIW I too would like a totally secular education system to stop the echo chambers of religious (or just weird) schools - echo chambers being a big issue in online life already. But it needs academic streaming - between or within establishments - to be effective at scale. Because whatever Labour would like, we are not all the same. I think (no kids, not been to school for over 35 years!) the Scottish system is a bit different. As far as I know we don't have grammar schools so its comprehensive or private. When I was at high school for the 1st year we were put in classes alphabetically by surname but from 2nd year onwards it was based on performance. e.g. Those who did well at 1st year French got to do latin in 2nd year (3 classes) and in things like maths you were put into classes with people of a similar ability so all the thickos ended up together. However, since it was adjusted each year if a thicko started to do well they could end up in a different class next year, etc Same here, but over 4 5 years ago for me!! |
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Post by Big Blue on Sept 4, 2024 21:49:43 GMT
Well very apt conversation.
T4 got into a selective local secondary school. First term was all ok. Then she just lost interest. In the final term of year seven we discussed it with her and this was allied to a couple of robust communications from me to the high and mighty principal. The school focussed far too much on punishment for discipline and it came to a head when, after several hundred detentions for too-short skirts across all the academic year groups, the principal ruled that from year 24/25 skirts would be removed from the uniform and girls were to wear trousers. There were other aspects relating to a lack of praise to counter the insistence on punishment for misbehaviour so we decided to move her for year eight. She did get to go on a wilderness camping week run by loony ex-marines though, where she and another girl were threatened with being sent home for “vandalising the toilet”. When W2.1 asked what they had done it transpired that they had run toilet roll and hand sanitiser all over the cubicles. W2.1 very bluntly advised the school that high jinx are expected on school trips and she would seek recompense if T4 were returned home.
So we went to visit my old school and she’s going there. It was fun walking round with the year head, also an old boy but far younger than I, and telling him what used to be where in the ‘80s and that the main hall is named after my German teacher who was also my Headmaster. Great sports facilities and still lots of playing fields. Plus it gives her the same boast of her most famous old boy: Jimmy Page.
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Post by LandieMark on Sept 4, 2024 22:17:30 GMT
I'm not for or against private education. I went to a private school and it wasn't a great fit for me all the time. I had no choice in the matter and did as I was told. I was fine up to GCSE level, but after that it was too academic for my abilities. I would have been better served doing an apprentiship after GCSE rather than A Levels. Hindsight and all. There was absolute hell on when I cancelled my UCAS applications. Headmaster was a legend though - a thoroughly fair and impartial man with an interesting past. www.yarmschool.org/news/neville-tate-obe/ |
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Post by Alex on Sept 5, 2024 6:50:27 GMT
I went to a selective grammar school as they had them in Dorset back in the 90s and it did me just fine but most of my classmates were the sort who would be sent to an independent school had the grammar not existed. And indeed now I work with a number of independent schools (they don't call themselves private) it's clear that the Grammar school was trying to emulate them. I still occasionally get letters to my parents address asking if I'd like to be part of The Old Grammarians.
I got through GCSEs just fine but with regular low level bullying about my families lack of wealth and the school insisting on sixth formers having to wear a suit, I buggered off to college instead. The local college was pretty rubbish back then though so I elected to commute out to the New Forest each day and attend college in Brockenhurst which I thoroughly enjoyed. So I guess its horses for courses when it comes to schools.
The 20% VAT on school fees could have some far reaching implications so I hope Labour know what they're up to. I've already heard of a number who will be cutting scholarships due to costs and losing pupils from families who were only just affording the fees. Many of the less prestigious schools were already seeing numbers fall, especially in the super competitive London Pre-Prep market so it wouldn't surprise me to see an increase in closures or more of these schools being taken over by larger Prep schools.
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Post by Bob Sacamano v2.0 on Sept 5, 2024 7:10:09 GMT
So we went to visit my old school and she’s going there. It was fun walking round with the year head, also an old boy but far younger than I, and telling him what used to be where in the ‘80s and that the main hall is named after my German teacher who was also my Headmaster. Great sports facilities and still lots of playing fields. Plus it gives her the same boast of her most famous old boy: Jimmy Page. Our most famous old boy was Soviet spy William Fisher (Rudolph Abel), made famous by the film Bridge of Spies. He was exchanged for U2 pilot Gary Powers in 1962. We're all very proud of him. |
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Post by Tim on Sept 5, 2024 7:28:24 GMT
The 20% VAT on school fees could have some far reaching implications so I hope Labour know what they're up to. I've already heard of a number who will be cutting scholarships due to costs and losing pupils from families who were only just affording the fees. Many of the less prestigious schools were already seeing numbers fall, especially in the super competitive London Pre-Prep market so it wouldn't surprise me to see an increase in closures or more of these schools being taken over by larger Prep schools. One of the fee paying schools up here - Kilgraston in Perth - closed abruptly a few weeks ago but that appears to have been due to poor financial management more than anything. |
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Post by alf on Sept 5, 2024 8:15:11 GMT
Good luck BB! How children get on in school just has so many variables, its a big nail biter for parents! My daughter is off to Uni in a week - way oop north - which again is a huge life change and will expose her to a lot more than she knows now.
I had a great time at school and most of my social group (such as it is - I'm socially a typically useless middle aged man) is still from those days. I count myself very lucky to have had them as friends, and to have had a stable family background - many are not nearly so lucky and I have seen the consequences...
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Post by Big Blue on Sept 5, 2024 10:09:21 GMT
Good luck BB! How children get on in school just has so many variables, its a big nail biter for parents! My daughter is off to Uni in a week - way oop north - which again is a huge life change and will expose her to a lot more than she knows now. I had a great time at school and most of my social group (such as it is - I'm socially a typically useless middle aged man) is still from those days. I count myself very lucky to have had them as friends, and to have had a stable family background - many are not nearly so lucky and I have seen the consequences... Thanks. I also had a great time at school but for different reasons: school WAS my stable background with one parent living in the USA and one off around the world on Crown business after he left the BBC. Also my closest friends are school friends, which after 40 years since O levels means I am not very good at making new ones.....  |
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Post by Bob Sacamano v2.0 on Sept 5, 2024 10:36:37 GMT
I still have friends from school that I see regularly - they are all Mrs.Sacamano's school friends as well so that makes it easier - we all hung out as a group through our teens and early twenties and stayed in touch afterwards. I have lots of other friends - from football, golf, etc but I don't mix the friendship groups, it never seems to work. When I get together with old school friends we have 40 years of history that we can unwrap - newer friends would find themselves excluded from much of the conversation and I wouldn't want to do that to them.
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Post by Boxer6 on Sept 5, 2024 11:23:02 GMT
Good luck BB! How children get on in school just has so many variables, its a big nail biter for parents! My daughter is off to Uni in a week - way oop north - which again is a huge life change and will expose her to a lot more than she knows now. I had a great time at school and most of my social group (such as it is - I'm socially a typically useless middle aged man) is still from those days. I count myself very lucky to have had them as friends, and to have had a stable family background - many are not nearly so lucky and I have seen the consequences... Whaaaat?!?!?! Christ, I feel even older than usual, reading that!!! |
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Post by Big Blue on Sept 5, 2024 11:34:57 GMT
My daughter is off to Uni in a week - way oop north - which again is a huge life change and will expose her to a lot more than she knows now. Whaaaat?!?!?! Christ, I feel even older than usual, reading that!!! Just to rub it in: one of the boys is a lecturer..... |
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Post by racingteatray on Sept 5, 2024 11:40:34 GMT
I have only three or four friends left over from my school days and they are not close friends these days. I went to boarding schools that were nowhere near where my parents lived and then I was the only one from my year at my school to go to my (very distant) university in Scotland.
So my oldest close friends are from university and law school, not least as by then email and mobile phones existed, so it was easier to keep in touch over distance, plus we largely work in the same industry in the same city. Then some of my best friends are actually from my Moscow years, being one of those places where you are forced to make new friends who then become close friends by virtue of being miles away from your family and existing friends, and they also count as pretty old friends these days, as I have known them for getting on for 20yrs now.
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Post by Martin on Sept 5, 2024 12:20:57 GMT
Whaaaat?!?!?! Christ, I feel even older than usual, reading that!!! Just to rub it in: one of the boys is a lecturer..... Blimey! That's two facts that make me feel old, although two of mine kind of do that already. My eldest is 23 (24 in Dec) and a Police Officer. As of last week he's out in a Panda Car (or Incident Response Vehicle iirc) on his own, although he's not allowed to use the lights or siren because he isn't response trained yet! My middle son is 19 (20 in Nov) and has just been promoted to Duty Manager in a 200 room town centre Premier Inn. As the Hotel manager doesn't like working evenings (or much at all....), he's responsible for everything including the restaurant/bar. He blew me away when I went to visit and saw him in action with customers and the team. To give things a bit of balance, my youngest is 4 and started school on Wednesday. |
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Post by Martin on Sept 5, 2024 12:32:51 GMT
Back to school, I don't have any issues with private education.
I went to an independent junior school, but we moved from Yorkshire to Hampshire just before starting secondary school which changed my parents financial position a fair bit. That wasn't a great school, but I was only there before we moved to Cheshire and I went to a really good school, which had the only Sixth Form in the area. I did reasonably well academically, but at the end of my A levels I really didn't know what I wanted to do and didn't want to go to University if it wasn't for a specific degree that I needed. I got a really hard time from my teachers for not going, but my parents were supportive. I don't think not having a degree has harmed my career much (if at all), I'm doing OK and if I'm honest, better than I ever expected.
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Post by PG on Sept 5, 2024 12:57:18 GMT
School set ups and what might / might not be best is a hugely variable debate as all the above show.
My sisters and I all attended a private primary school, whose target was to get kids through their 11 plus. My two sisters went to grammar school, but I got sent to a private school instead. Not sure why and I don't think my sisters really understood why either! I can't say I enjoyed my time there (until 6th form as that was much better), mainly as being an 8 stone nerdy weakling was very bad for your well-being in the 1970's. But as my wife points out, my well-being may have suffered even more at a grammar school.
The fees in my day did not seem outrageous (or so my father said at the time) and while the facilities were good, they were not world class. But I looked recently what the day-pupil fees were and how much building work has been done to the school - OMFG!
My wife went to her local secondary school as her father, being a rabid lefty, didn't agree with grammar schools (which she was entitled to attend as she passed her 11 plus). She had a torrid time there. She was frightened to put her hand up and appear "swotty". Her saviour was that she was sporty and in all the teams so this made her more cool than purely intelligent kids.
So where do I stand on the debate? Not having kids maybe I'm not even entitled to an opinion? But here it is anyway. I definitely disagree with religious schools and think that education must be secular. I would not object to a system where everyone had to go their local schools. But if that was the case then all schools need to be at the top of their game. Streaming is essential from an early age to make sure that the kids get taught at an appropriate level and that also I'd want to be absolutely sure that everyone can be taught free of bullying and intimidation.
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Post by Boxer6 on Sept 5, 2024 18:27:43 GMT
Whaaaat?!?!?! Christ, I feel even older than usual, reading that!!! Just to rub it in: one of the boys is a lecturer..... That's rubbing it in with extra salt! |
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Post by Bob Sacamano v2.0 on Sept 11, 2024 13:20:09 GMT
So the economy has flatlined since the election - why has this come as a shock? Come into office, share a message of doom and gloom, with hard times on the way and surprise, surprise, people and companies stop spending and everyone goes into self-preservation mode. We're not dealing with the sharpest tools in the box here.
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Post by Alex on Sept 11, 2024 13:51:41 GMT
So the economy has flatlined since the election - why has this come as a shock? Come into office, share a message of doom and gloom, with hard times on the way and surprise, surprise, people and companies stop spending and everyone goes into self-preservation mode. We're not dealing with the sharpest tools in the box here. They've not exactly encouraged us to feel good about the next 5 years! |
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Post by Big Blue on Sept 11, 2024 14:00:52 GMT
They’ve not really convinced any budding entrepreneurs that the UK will be the best place to realise the benefits of any risk you might take.
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Post by PG on Sept 11, 2024 14:08:53 GMT
They are going on and on about the "£22 Bn black hole", which most people with a brain know can never be filled (assuming it exists of course...) by only taxing "the rich". Which either means large spending cuts, or more general tax rises. As the train drivers, doctors and public sector workers will need more and more money, everyone in the private sector - employers and employees - are too busy worrying about how much the uselsss fu^^ers are going to rob off them to keep the economy going. Welcome to the socialist utopia....
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Post by Big Blue on Sept 11, 2024 15:58:13 GMT
As seen elsewhere:
“No one in the investment world is doing anything until we see the budget.
It's limbo.
And if budget is as bad as expected, UK is going into reverse.
Labour's pro-growth rhetoric is an anti-growth reality.
Prepare to get poorer.”
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