Welcome to the LTLF Forest Forum.
Page 7 of 10 FirstFirst ... 56789 ... LastLast
Results 151 to 175 of 241
  1. #151
    Bob McKinlay
    Join Date
    Dec 2003
    Location
    Lufthansa Business Lounge
    Posts
    93,321

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by GOBIAS View Post
    That’ll happen!!
    It happens in many areas of certain countries I could mention.

    There is absolutely no reason why a similar system, and enhanced tenant protections, could not be implemented in U.K. law.

    That might have the added benefit of actually encouraging more people to rent, because not only are rents reduced, but tenancies are much more secure, which then has the knock-on effect of freeing up housing (not so many buyers) and reducing house prices (again, because, not so many buyers).

    And if it puts an end to the activities of predatory buy-to-let landlords, then that’s an added bonus.

    „I believe in socialism because it seems more humanitarian, rather than every man for himself and 'I'm alright jack' and all those arsehole businessmen with all the loot. I made up my mind from viewing society from that angle. That's where I'm from and there's where I've made my decisions from. That's why I believe in socialism“

    „Don't forget you're alive. 'Cause sometimes when you walk around the city and you're in a bad mood, you can think, hey, wait a minute, we're alive! We don't know what the next second will bring and what a fantastic thing this is. This can get easily forgotten in the routine of life, and that's something I'm trying to bring to my attention at all times. Don't forget you're alive. We're not dead, you know. This is the greatest thing.”

    — Joe Strummer

  2. # ADS
    Circuit advertisement
    Join Date
    Always
    Location
    Advertising world
    Posts
    Many

  3. #152
    Senior doom Monger
    Join Date
    Aug 2011
    Location
    Vale of Belvoir
    Posts
    23,002

    Default Re: The Big Finance, Money and Economics thread

    There is an incredible shortage of homes particularly for the epsilon class.
    At the same time there are thousands of empty properties, with absentee owners, foreign nationals laundering there ill-gotten gains by buying up property in the UK and the lack of any meaningful regulation of planning applications in the UK.
    The latter is a massive problem.
    The planning system is made for the developers to exploit the human weaknesses of those with power to grant approval.
    Furthermore, developers make substantially higher profits from the building out of greenfield sites in rural and semi-rural locations.
    So they fail to bring forward redevelopment of brownfield sites and homes get built, not where people want them to be built.
    As for Government regulation as to what constitutes a big enough space... it is pitiful.
    And rogue landlords who leave properties that they rent out at top whack to fall into severe disrepair are also benficiaries of policies weighted drastically in their favour.
    The Aplha class that runs the country for their own benefit will never have the balls to act.
    It's a shit society that has flourished.
    The rich get richer and bugger the poor.


  4. #153
    Viv Anderson
    Join Date
    Jul 2010
    Location
    'ull
    Posts
    13,958

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by Strummer View Post
    It happens in many areas of certain countries I could mention.

    There is absolutely no reason why a similar system, and enhanced tenant protections, could not be implemented in U.K. law.

    That might have the added benefit of actually encouraging more people to rent, because not only are rents reduced, but tenancies are much more secure, which then has the knock-on effect of freeing up housing (not so many buyers) and reducing house prices (again, because, not so many buyers).

    And if it puts an end to the activities of predatory buy-to-let landlords, then that’s an added bonus.
    I’m not disagreeing with it. It just won’t happen!!


  5. #154
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    GBP hits 1.40 against the US Dollar, strongest rate since April 2018. Couple more pence rise and it'll be strongest rate since 22nd June 2016 when there was a big fall for some unknown reason.

    Disclaimer: Mostly dollar weakness than pound strength.

    .k I m
    I m u mm

  6. #155

    Default The Big Finance, Money and Economics thread

    Quote Originally Posted by MaxiRobriguez View Post
    GBP hits 1.40 against the US Dollar, strongest rate since April 2018. Couple more pence rise and it'll be strongest rate since 22nd June 2016 when there was a big fall for some unknown reason.

    Disclaimer: Mostly dollar weakness than pound strength.
    Hit 1.1561 v € , so that’s put a spring in my step

    Just about pays for all the import costs from the EU.
    Pallets arrived, three weeks to get through customs, already lost thousands in cancelled orders, but they got here eventually.

    Can’t wait for my cut in corporate tax and VAT as promised upon leaving the EU.


    Sent from my iPhone using Tapatalk


  7. #156
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by Hughton,we have a problem View Post
    Hit 1.1561 v € , so that’s put a spring in my step

    Just about pays for all the import costs from the EU.
    Pallets arrived, three weeks to get through customs, already lost thousands in cancelled orders, but they got here eventually.

    Can’t wait for my cut in corporate tax and VAT as promised upon leaving the EU.


    Sent from my iPhone using Tapatalk
    Don't forget £350m for the NHS.


  8. #157
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Poor jokes aside, it'll be interesting to see if your deliveries get easier/slicker over time. Obviously not going to be as easy as they were before we formally left, but be good to hear how it goes for you as I get the impression not many people on the forum are on the sharp end of importing and exporting.


  9. #158
    Bob McKinlay
    Join Date
    Dec 2003
    Location
    Lufthansa Business Lounge
    Posts
    93,321

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by Hughton,we have a problem View Post

    Can’t wait for my cut in corporate tax and VAT as promised upon leaving the EU.
    Yeah, maybe don’t hold your breath on that one, eh?


  10. #159
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Bump. It's budget time.


  11. #160
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Well, the concept that Labour are reckless spenders has been blown out of the water with that speecch by Rishi. He's not just found one magic money tree, he's found a forest, and he's not shaken them, he's chopped them all down.


  12. #161

    Default Re: The Big Finance, Money and Economics thread

    Corp'tax will be a kick in the bollacks for me. All to pay your fucking furlouogh while you sat at home and watched Dave all day long.


  13. #162
    Nigel Clough
    Join Date
    May 2006
    Location
    Manchester
    Posts
    5,603

    Default Re: The Big Finance, Money and Economics thread

    Leaving income tax thresholds unchanged until 2026 is a sneaky way of raising tax whilst not looking like you’re raising tax.

    Personally I think it’s worth it to fund our world beating test and trace system.


  14. #163
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Round up with my neutral hat on:

    Government Giveaways
    - Businesses hiring new apprentices can get £3k, double amount previously.
    - Business rates holiday extended to June, tapers thereafter.
    - Interim VAT rate 12.5% from October.
    - Stamp duty freeze extended, £500k through to June, £250k through to October.
    - 95% mortgages by government.
    - Businesses will be given ability to carry losses across tax years.
    - "Super deduction" which will allow companies to reduce their tax obligation by 130% of investments they make.
    - UK infrastructure bank, which will lend to green projects. £12bn capital upfront.
    - 50% discount on productivity software for small business.

    Neutral
    - Living wage will go up (but no further strengthening of when it applies)
    - Small businesses protected from upcoming tax rises.
    - No fuel duty increase
    - Pension funds given flexibility to allocate capital to "high growth" investments.
    - 8 new freeports, one in East Midlands Airport.

    Government Takeaways
    - Corporation tax (for businesses earning >£250k) set to rise to 25% in 2023.
    - Fiscal drag applied to personal tax threshold - allowance won't rise until 2026 regardless of inflation.


  15. #164
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Neutral hat off:

    It looks almost like a budget Corbyn would have come up with. That's a significant amount of spending with very little means of raising new money immediately, it's all based on assumption the spending will generate growth to pay it off in the future.

    Quoting Rishi:

    "debt falls even though borrowing continues because of inflation"

    "Use lower interest rates to invest in capital projects"

    This budget basically proves austerity was never required and was a political choice.


  16. #165
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Nothing for the NHS in that budget at all either. Absolutely zero additional support in tackling the backlog of patient cases built up due to Covid.


  17. #166

    Default Re: The Big Finance, Money and Economics thread

    EMA a freeport, "simpler planning", enjoy your nuclear powered factories Nottingham.


  18. #167
    Viv Anderson
    Join Date
    Mar 2004
    Location
    My house
    Posts
    12,569

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by MaxiRobriguez View Post
    Neutral hat off:

    It looks almost like a budget Corbyn would have come up with. That's a significant amount of spending with very little means of raising new money immediately, it's all based on assumption the spending will generate growth to pay it off in the future.

    Quoting Rishi:

    "debt falls even though borrowing continues because of inflation"

    "Use lower interest rates to invest in capital projects"

    This budget basically proves austerity was never required and was a political choice.
    The long-term consequences of austerity are yet to be seen but they will surface and their fix will be much more expensive than the saving (!) made through austerity. A programme of sensible investment in capital projects would have been the better choice in 2010, to take advantage of the low interest rates. Who knows, they might even have paid for improvements to infrastructure, training and education which a country determined to impose isolation on itself would require.


  19. #168
    Shoot to Thrill
    Join Date
    Jan 2020
    Location
    South London
    Posts
    6,370

    Default Re: The Big Finance, Money and Economics thread

    Rishi Sunak is an anagram of Raisin Husk

    Just thought I'd give you my two penneth


  20. #169

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by DanR View Post
    The long-term consequences of austerity are yet to be seen but they will surface and their fix will be much more expensive than the saving (!) made through austerity. A programme of sensible investment in capital projects would have been the better choice in 2010, to take advantage of the low interest rates. Who knows, they might even have paid for improvements to infrastructure, training and education which a country determined to impose isolation on itself would require.
    And if you hadn't had Cameron telling everyone that it was necessary because you scrounging poor people had taken too much money in benefits and the national debt had to be paid down we may not have had the B word.


  21. #170
    Viv Anderson
    Join Date
    Mar 2004
    Location
    My house
    Posts
    12,569

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by Hughton,we have a problem View Post
    And if you hadn't had Cameron telling everyone that it was necessary because you scrounging poor people had taken too much money in benefits and the national debt had to be paid down we may not have had the B word.
    Austerity goes hand in hand with the creation and scapegoating of 'the other' whether that is poor people falling out with each other or launching their vitriol at the EU.


  22. #171
    Bob McKinlay
    Join Date
    Dec 2003
    Location
    Lufthansa Business Lounge
    Posts
    93,321

    Default Re: The Big Finance, Money and Economics thread

    And all that money saved through austerity had to go to the Tories‘ mates via dubiously-awarded contracts during the pandemic.


  23. #172
    Viv Anderson
    Join Date
    Jul 2010
    Location
    'ull
    Posts
    13,958

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by Hughton,we have a problem View Post
    And if you hadn't had Cameron telling everyone that it was necessary because you scrounging poor people had taken too much money in benefits and the national debt had to be paid down we may not have had the B word.
    Quote Originally Posted by DanR View Post
    Austerity goes hand in hand with the creation and scapegoating of 'the other' whether that is poor people falling out with each other or launching their vitriol at the EU.
    Prior to blaming foreigners, it was benefit scroungers who got it. Even though that actual
    Welfare figure for benefit fraud was paltry. Totally agree that austerity tipped the balance to the b word.


  24. #173
    Grenville Morris
    Join Date
    May 2007
    Location
    Cloud Cuckoo Land
    Posts
    27,712

    Default Re: The Big Finance, Money and Economics thread

    Is anyone on the forum involved with or knows much about the plans for the EMA freeport? Would be interesting to hear.


  25. #174
    Ian Storey-Moore
    Join Date
    Mar 2006
    Location
    Darkest Wiltshire
    Posts
    4,112

    Default Re: The Big Finance, Money and Economics thread

    Nice to see the resident Lefties acknowedging that a once-in-a-century pandemic proves that austerity doesn't work. I'm starting to wonder if the politics threads (which seem to be expanding exponentially) is actually a pardoy account that a few of us aren't in on.

    Foolishly I was expecting a money thread to focus on how the Budget affects individuals and the businesses they work for or own. Either that or squirrel jokes anyway.

    Only those who will risk going too far can possibly find out how far one can go.

  26. #175
    Viv Anderson
    Join Date
    Jan 2014
    Location
    out west
    Posts
    18,730

    Default Re: The Big Finance, Money and Economics thread

    Quote Originally Posted by Phooey View Post
    Nice to see the resident Lefties acknowedging that a once-in-a-century pandemic proves that austerity doesn't work. I'm starting to wonder if the politics threads (which seem to be expanding exponentially) is actually a pardoy account that a few of us aren't in on.

    Foolishly I was expecting a money thread to focus on how the Budget affects individuals and the businesses they work for or own. Either that or squirrel jokes anyway.
    Why don't you give us some of your infinite wisdom? Surely that would be more cathartic than your empty snark?

    EXACT SAME BENEFITS

 

 

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •