FabSwingers.com mobile

Already registered?
Login here

Back to forum list
Back to Politics

More good news FTSE 100 index beats rivals

Jump to newest
 

By *ne Pass drilling OP   Man
over a year ago

Northampton

Good news for ordinary working people with pension funds. Despite tough economic conditions the FTSE 100 ended up 1 % . Dow Jones down 9 % S and P down 19 % Nasqaq down 34 % , Frances Cac 40 down 10 % and Germans Dax 12. 4 % . This is in addition to dividend payouts being at an all time high . Any worker in a pension fund will be more than happy. We have beaten all the indices referred to.

Maybe some of the merchants of doom and gloom on here need to get out a little more and see what is happening in the real world. Speak to those who keep the wheels of Britain turning and the care workers who look after the vulnerable. Some are so busy looking for negative news they may not have time to do this .

Every day of the week the vulnerable and disabled are picking up brand new cars under the motability scheme funded by the government ( half a million cars on the scheme ). Become unemployed and your rent is paid for by the government.

We seem to ignore how well the government look after people which is funded by taxpayers and their hard work . Employers such as Lord Bamford and Tim Martin make substantial contributions via their psyrolls to help fund this . All this in addition to the businness rates which they pay. They are dedicated to helping ordinary working people.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago

On the face of it, this looks good for UK plc.

However the FTSE returns are GBP, which has seen 10pc falls. This inflates FTSE returns.

But that is also good news for a gbp investor in other markets. So your pensioner isn't benefiting from uk plc outshooting the world, but sterling weakening. Truss has made anyone who cashes out today 10pc better off

Of course, gbp may strengthen and so those paper gains get wiped out.

And I'm sure all this you quite are making sure they aren't using tax loop holes to avoid tax. Because they are doing it for the people, not themselves.

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields

[Removed by poster at 31/12/22 11:27:20]

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields

No one brutalises Conservative voters as savagely as Pat.

Where are the Tories, why don't you stand up for yourselves?

 (closed, thread got too big)

Reply privately
 

By *ove2pleaseseukMan
over a year ago

Hastings


"On the face of it, this looks good for UK plc.

However the FTSE returns are GBP, which has seen 10pc falls. This inflates FTSE returns.

But that is also good news for a gbp investor in other markets. So your pensioner isn't benefiting from uk plc outshooting the world, but sterling weakening. Truss has made anyone who cashes out today 10pc better off

Of course, gbp may strengthen and so those paper gains get wiped out.

And I'm sure all this you quite are making sure they aren't using tax loop holes to avoid tax. Because they are doing it for the people, not themselves. "

If they are using tax loop holes good for them. If it was my business I'd do what I can to skip tax. Like any small business owner. I pay 19% on all profits and 7.5% on diverdens so 26.5%

Then over £50,500 33.75% on dividends so 52.75% so you reinvest over £50,500.

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"On the face of it, this looks good for UK plc.

However the FTSE returns are GBP, which has seen 10pc falls. This inflates FTSE returns.

But that is also good news for a gbp investor in other markets. So your pensioner isn't benefiting from uk plc outshooting the world, but sterling weakening. Truss has made anyone who cashes out today 10pc better off

Of course, gbp may strengthen and so those paper gains get wiped out.

And I'm sure all this you quite are making sure they aren't using tax loop holes to avoid tax. Because they are doing it for the people, not themselves.

If they are using tax loop holes good for them. If it was my business I'd do what I can to skip tax. Like any small business owner. I pay 19% on all profits and 7.5% on diverdens so 26.5%

Then over £50,500 33.75% on dividends so 52.75% so you reinvest over £50,500.

"

But you can see why people don't like policy makers, making policies that allow them and their pals to avoid paying taxes, meanwhile pointing the finger at normal people who do the same as them on a much smaller scale?

 (closed, thread got too big)

Reply privately
 

By *ove2pleaseseukMan
over a year ago

Hastings


"On the face of it, this looks good for UK plc.

However the FTSE returns are GBP, which has seen 10pc falls. This inflates FTSE returns.

But that is also good news for a gbp investor in other markets. So your pensioner isn't benefiting from uk plc outshooting the world, but sterling weakening. Truss has made anyone who cashes out today 10pc better off

Of course, gbp may strengthen and so those paper gains get wiped out.

And I'm sure all this you quite are making sure they aren't using tax loop holes to avoid tax. Because they are doing it for the people, not themselves. "

10% on benefits for the poor.

So what would be fare for NHS and other government workers.

Train drivers and post don't directly work for government. So we could leave them to the strike forum.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"On the face of it, this looks good for UK plc.

However the FTSE returns are GBP, which has seen 10pc falls. This inflates FTSE returns.

But that is also good news for a gbp investor in other markets. So your pensioner isn't benefiting from uk plc outshooting the world, but sterling weakening. Truss has made anyone who cashes out today 10pc better off

Of course, gbp may strengthen and so those paper gains get wiped out.

And I'm sure all this you quite are making sure they aren't using tax loop holes to avoid tax. Because they are doing it for the people, not themselves.

If they are using tax loop holes good for them. If it was my business I'd do what I can to skip tax. Like any small business owner. I pay 19% on all profits and 7.5% on diverdens so 26.5%

Then over £50,500 33.75% on dividends so 52.75% so you reinvest over £50,500.

"

that's all fine, but I'd not say you are dedicated to the people. I'd suggest you see tax is a necessary evil of increasing personal wealth.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"On the face of it, this looks good for UK plc.

However the FTSE returns are GBP, which has seen 10pc falls. This inflates FTSE returns.

But that is also good news for a gbp investor in other markets. So your pensioner isn't benefiting from uk plc outshooting the world, but sterling weakening. Truss has made anyone who cashes out today 10pc better off

Of course, gbp may strengthen and so those paper gains get wiped out.

And I'm sure all this you quite are making sure they aren't using tax loop holes to avoid tax. Because they are doing it for the people, not themselves.

10% on benefits for the poor.

So what would be fare for NHS and other government workers.

Train drivers and post don't directly work for government. So we could leave them to the strike forum."

you've quoted me but have no idea what your point is or how it's relevant to what I've said. Can you rephrase for me ?

 (closed, thread got too big)

Reply privately
 

By *instonandLadyAstorCouple
over a year ago

Not where we seem to be...


"Good news for ordinary working people with pension funds. Despite tough economic conditions the FTSE 100 ended up 1 % . Dow Jones down 9 % S and P down 19 % Nasqaq down 34 % , Frances Cac 40 down 10 % and Germans Dax 12. 4 % . This is in addition to dividend payouts being at an all time high . Any worker in a pension fund will be more than happy. We have beaten all the indices referred to.

Maybe some of the merchants of doom and gloom on here need to get out a little more and see what is happening in the real world. Speak to those who keep the wheels of Britain turning and the care workers who look after the vulnerable. Some are so busy looking for negative news they may not have time to do this .

Every day of the week the vulnerable and disabled are picking up brand new cars under the motability scheme funded by the government ( half a million cars on the scheme ). Become unemployed and your rent is paid for by the government.

We seem to ignore how well the government look after people which is funded by taxpayers and their hard work . Employers such as Lord Bamford and Tim Martin make substantial contributions via their psyrolls to help fund this . All this in addition to the businness rates which they pay. They are dedicated to helping ordinary working people.

"

"Become unemployed and your rent is paid for by the government......"

This isn't entirely true. In most cases for a single person with no dependants they would only receive what the equivalent rent for a one bedroom dwelling is.

If you live in a property with 2 or more bedrooms and the rent is more than that of a one bedroom property...... you're fucked. They don't pick up the difference.

Winston

 (closed, thread got too big)

Reply privately
 

By *ove2pleaseseukMan
over a year ago

Hastings


"On the face of it, this looks good for UK plc.

However the FTSE returns are GBP, which has seen 10pc falls. This inflates FTSE returns.

But that is also good news for a gbp investor in other markets. So your pensioner isn't benefiting from uk plc outshooting the world, but sterling weakening. Truss has made anyone who cashes out today 10pc better off

Of course, gbp may strengthen and so those paper gains get wiped out.

And I'm sure all this you quite are making sure they aren't using tax loop holes to avoid tax. Because they are doing it for the people, not themselves.

10% on benefits for the poor.

So what would be fare for NHS and other government workers.

Train drivers and post don't directly work for government. So we could leave them to the strike forum.you've quoted me but have no idea what your point is or how it's relevant to what I've said. Can you rephrase for me ?"

Was asking the room what would you class as a fair pay rise for NHS and government workers.

7.5% / year would seem close so 14% over 2 years but government have said not double figgers.

 (closed, thread got too big)

Reply privately
 

By *I TwoCouple
over a year ago

PDI 12-26th Nov 24

FTSE up 1% over what period ?

 (closed, thread got too big)

Reply privately
 

By *ackal1Couple
over a year ago

Manchester

Just for info.

66% of shares registered in the U.K. are foreign owned

82% of revenues in the FTSE 100 are generated overseas.

Just 1.7 % of the total shares are owned by pension funds directly . Again mostly foreign owned .

The shares are traded in the U.K. but the revenues and benefits are mostly gained by foreign interests .

Being a trading house doesn’t always generate benefits on any great scale . Although the traders in London do well on the churn.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"Good news for ordinary working people with pension funds. Despite tough economic conditions the FTSE 100 ended up 1 % . Dow Jones down 9 % S and P down 19 % Nasqaq down 34 % , Frances Cac 40 down 10 % and Germans Dax 12. 4 % . This is in addition to dividend payouts being at an all time high . Any worker in a pension fund will be more than happy. We have beaten all the indices referred to.

Maybe some of the merchants of doom and gloom on here need to get out a little more and see what is happening in the real world. Speak to those who keep the wheels of Britain turning and the care workers who look after the vulnerable. Some are so busy looking for negative news they may not have time to do this .

Every day of the week the vulnerable and disabled are picking up brand new cars under the motability scheme funded by the government ( half a million cars on the scheme ). Become unemployed and your rent is paid for by the government.

We seem to ignore how well the government look after people which is funded by taxpayers and their hard work . Employers such as Lord Bamford and Tim Martin make substantial contributions via their psyrolls to help fund this . All this in addition to the businness rates which they pay. They are dedicated to helping ordinary working people.

"

We truly are blessed to be living in a paradise call Great Britain. Keep telling them Pat.

 (closed, thread got too big)

Reply privately
 

By *teveuk77Man
over a year ago

uk


"Just for info.

66% of shares registered in the U.K. are foreign owned

82% of revenues in the FTSE 100 are generated overseas.

Just 1.7 % of the total shares are owned by pension funds directly . Again mostly foreign owned .

The shares are traded in the U.K. but the revenues and benefits are mostly gained by foreign interests .

Being a trading house doesn’t always generate benefits on any great scale . Although the traders in London do well on the churn.

"

You beat me to it. There seems to be a worrying misunderstanding about the FTSE from those in denial about how messed up this country...

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700 "

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700 "

Yep inflation is always great news for the assets holders. If you own property and stocks which I do, its great. But if your in rental and no stock its not something to be positive about..

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700 "

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are"

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are"

Oh, I must sack my IFA as he never mentioned that the footsie going up or down was always unquestionably bad news. How fortunate we are to have you on board with your incisive investment analysis

I must pass on your message to Michael Hewson, Chief Market Analyst at CMC Markets, who clearly knows nothing when he says the resilience of the FTSE100 helps to reinforce optimism that the economy will avoid a hard landing type of recession over the next few months and that the banks are doing a great job reining in inflation.

You must see that this is being reflected in the performance of the FTSE 100 which is once again performing very well, despite the horrific exogenous events of covid and Ukraine.

Unemployment has never been lower and employment never been higher. We're looking at 2% inflation next year and much better mortgage deals. Meantime, savers can get some decent deals.

We left the EU on January 31 2020, fulfilling the promise to the British people. There will be a new points-based immigration system, taking back control of our borders while continuing to attract the brightest and best to the UK.

Record investment in the free NHS. More money for Defence, Education, Transport, HS2 etc and ambitious climate change action. Super fast vaccination programme meant reopening the economy earlier than Europe and earlier than Starmer wanted.

Is this what you mean by it "shows how bad things are"?

I've told you before back in 2010, the Conservatives inherited a country that was on the road to becoming an economic basket case. Public spending has grown each and every year since 2010. True, the rate of growth may have been modest in some years, but we know why. The former Labour chief secretary to the Treasury, Liam Byrne, explained when he confirmed on leaving office, saying: “I’m afraid there is no money.”

Of course, the turbulent Truss tenure was disappointing, but the damage has been repaired and as a country we are on the up. Record numbers of people try to get here from peaceful France, safe Albania and elsewhere. Far fewer people emigrate from here, than immigrate here. Our population is up by 10 million in 20 years. It makes us wonderfully diverse.

Conservatives can claim to be the world’s oldest and most successful political party. That's no accident.

However, Labour’s plans and reckless command and control policies would wreck things. The choice will be clear in 24/25: continue on a stable, open and increasingly prosperous path or frankly risk it with a virtue-signalling head rush, typified by Starmer unable to define 'woman', that will end in economic ruin.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Yep inflation is always great news for the assets holders. If you own property and stocks which I do, its great. But if your in rental and no stock its not something to be positive about.."

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years "

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

"

Don't forget to blame Corbyn and the EU for a full house.

It's definitely everyone else's fault, absolutely nothing to do with the government, sure they don't control anything, laws, policy, the response to covid, etc. Nothing.

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are

Oh, I must sack my IFA as he never mentioned that the footsie going up or down was always unquestionably bad news. How fortunate we are to have you on board with your incisive investment analysis

I must pass on your message to Michael Hewson, Chief Market Analyst at CMC Markets, who clearly knows nothing when he says the resilience of the FTSE100 helps to reinforce optimism that the economy will avoid a hard landing type of recession over the next few months and that the banks are doing a great job reining in inflation.

You must see that this is being reflected in the performance of the FTSE 100 which is once again performing very well, despite the horrific exogenous events of covid and Ukraine.

Unemployment has never been lower and employment never been higher. We're looking at 2% inflation next year and much better mortgage deals. Meantime, savers can get some decent deals.

We left the EU on January 31 2020, fulfilling the promise to the British people. There will be a new points-based immigration system, taking back control of our borders while continuing to attract the brightest and best to the UK.

Record investment in the free NHS. More money for Defence, Education, Transport, HS2 etc and ambitious climate change action. Super fast vaccination programme meant reopening the economy earlier than Europe and earlier than Starmer wanted.

Is this what you mean by it "shows how bad things are"?

I've told you before back in 2010, the Conservatives inherited a country that was on the road to becoming an economic basket case. Public spending has grown each and every year since 2010. True, the rate of growth may have been modest in some years, but we know why. The former Labour chief secretary to the Treasury, Liam Byrne, explained when he confirmed on leaving office, saying: “I’m afraid there is no money.”

Of course, the turbulent Truss tenure was disappointing, but the damage has been repaired and as a country we are on the up. Record numbers of people try to get here from peaceful France, safe Albania and elsewhere. Far fewer people emigrate from here, than immigrate here. Our population is up by 10 million in 20 years. It makes us wonderfully diverse.

Conservatives can claim to be the world’s oldest and most successful political party. That's no accident.

However, Labour’s plans and reckless command and control policies would wreck things. The choice will be clear in 24/25: continue on a stable, open and increasingly prosperous path or frankly risk it with a virtue-signalling head rush, typified by Starmer unable to define 'woman', that will end in economic ruin.

"

You clearly missed my poor attempt at the irony seen sometimes on here. I was just showing that (on here) it does not matter if it goes up or down as a reason will be found to explain it as bad news.

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are

Oh, I must sack my IFA as he never mentioned that the footsie going up or down was always unquestionably bad news. How fortunate we are to have you on board with your incisive investment analysis

I must pass on your message to Michael Hewson, Chief Market Analyst at CMC Markets, who clearly knows nothing when he says the resilience of the FTSE100 helps to reinforce optimism that the economy will avoid a hard landing type of recession over the next few months and that the banks are doing a great job reining in inflation.

You must see that this is being reflected in the performance of the FTSE 100 which is once again performing very well, despite the horrific exogenous events of covid and Ukraine.

Unemployment has never been lower and employment never been higher. We're looking at 2% inflation next year and much better mortgage deals. Meantime, savers can get some decent deals.

We left the EU on January 31 2020, fulfilling the promise to the British people. There will be a new points-based immigration system, taking back control of our borders while continuing to attract the brightest and best to the UK.

Record investment in the free NHS. More money for Defence, Education, Transport, HS2 etc and ambitious climate change action. Super fast vaccination programme meant reopening the economy earlier than Europe and earlier than Starmer wanted.

Is this what you mean by it "shows how bad things are"?

I've told you before back in 2010, the Conservatives inherited a country that was on the road to becoming an economic basket case. Public spending has grown each and every year since 2010. True, the rate of growth may have been modest in some years, but we know why. The former Labour chief secretary to the Treasury, Liam Byrne, explained when he confirmed on leaving office, saying: “I’m afraid there is no money.”

Of course, the turbulent Truss tenure was disappointing, but the damage has been repaired and as a country we are on the up. Record numbers of people try to get here from peaceful France, safe Albania and elsewhere. Far fewer people emigrate from here, than immigrate here. Our population is up by 10 million in 20 years. It makes us wonderfully diverse.

Conservatives can claim to be the world’s oldest and most successful political party. That's no accident.

However, Labour’s plans and reckless command and control policies would wreck things. The choice will be clear in 24/25: continue on a stable, open and increasingly prosperous path or frankly risk it with a virtue-signalling head rush, typified by Starmer unable to define 'woman', that will end in economic ruin.

You clearly missed my poor attempt at the irony seen sometimes on here. I was just showing that (on here) it does not matter if it goes up or down as a reason will be found to explain it as bad news."

It is good news for people invested in the FTSE 100.

What, I think, was being pointed out is that this index is not representative of the health of the UK economy, which is what the OP is implying.

Equally, with respect to what you have stated, many posters have sought to imply, correctly or not, that the poor performance of the UK economy through inflation and energy prices was out of the Government's control but the 2008 global crash was somehow not.

You can have a look at this Shroeders article on FTSE 100 performance:

'How the FTSE 100 has changed over 33 years'

"Through mergers, failures, promotions, demotions, new listings and globalisation the FTSE 100 has evolved from a UK-centric index to one that represents the fortunes of the global economy.

Those looking for exposure to the UK by investing in the FTSE 100 must remember it is no longer a close barometer of the country’s corporate health."

"The inner ring in this chart shows that the vast majority of companies – 97% - are domiciled or based in the UK. But only 29% of revenues are made here."

"A better reflection of the UK economy would be the FTSE 250. Companies listed on the 250 generate 55% of their revenues in the UK, according to data from Factset.

This matters for two reasons: investing in the FTSE 100 does not necessarily mean you’re investing in the UK, which is important to understand if you’re trying to build a balanced portfolio; it also leaves FTSE 100 investments at the mercy of currency swings. For example, a strong dollar can be good for UK companies that make their money in dollars. Once the dollar revenues are converted into local currency it would be worth more."

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

"

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ? "

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

"

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

"

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem. "

It is comedy gold, especially the part where he tries to place some of the blame on SKS for the mess we are in

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are

Oh, I must sack my IFA as he never mentioned that the footsie going up or down was always unquestionably bad news. How fortunate we are to have you on board with your incisive investment analysis

I must pass on your message to Michael Hewson, Chief Market Analyst at CMC Markets, who clearly knows nothing when he says the resilience of the FTSE100 helps to reinforce optimism that the economy will avoid a hard landing type of recession over the next few months and that the banks are doing a great job reining in inflation.

You must see that this is being reflected in the performance of the FTSE 100 which is once again performing very well, despite the horrific exogenous events of covid and Ukraine.

Unemployment has never been lower and employment never been higher. We're looking at 2% inflation next year and much better mortgage deals. Meantime, savers can get some decent deals.

We left the EU on January 31 2020, fulfilling the promise to the British people. There will be a new points-based immigration system, taking back control of our borders while continuing to attract the brightest and best to the UK.

Record investment in the free NHS. More money for Defence, Education, Transport, HS2 etc and ambitious climate change action. Super fast vaccination programme meant reopening the economy earlier than Europe and earlier than Starmer wanted.

Is this what you mean by it "shows how bad things are"?

I've told you before back in 2010, the Conservatives inherited a country that was on the road to becoming an economic basket case. Public spending has grown each and every year since 2010. True, the rate of growth may have been modest in some years, but we know why. The former Labour chief secretary to the Treasury, Liam Byrne, explained when he confirmed on leaving office, saying: “I’m afraid there is no money.”

Of course, the turbulent Truss tenure was disappointing, but the damage has been repaired and as a country we are on the up. Record numbers of people try to get here from peaceful France, safe Albania and elsewhere. Far fewer people emigrate from here, than immigrate here. Our population is up by 10 million in 20 years. It makes us wonderfully diverse.

Conservatives can claim to be the world’s oldest and most successful political party. That's no accident.

However, Labour’s plans and reckless command and control policies would wreck things. The choice will be clear in 24/25: continue on a stable, open and increasingly prosperous path or frankly risk it with a virtue-signalling head rush, typified by Starmer unable to define 'woman', that will end in economic ruin.

"

See what I mean. Did not take long

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off "

What is 'quest of a wave'?

Please don't say 'to get to the shore'

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

What is 'quest of a wave'?

Please don't say 'to get to the shore'

"

It is a metaphor ,

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem. "

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

What is 'quest of a wave'?

Please don't say 'to get to the shore'

It is a metaphor , "

It's not a metaphor

A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another.

Try 'Crest of a wave' and call it a saying and you'll have nailed it

You're welcome

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

What is 'quest of a wave'?

Please don't say 'to get to the shore'

It is a metaphor , "

It's not a metaphor

A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another.

Try 'Crest of a wave' and call it a saying and you'll have nailed it

You're welcome

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

What is 'quest of a wave'?

Please don't say 'to get to the shore'

It is a metaphor ,

It's not a metaphor

A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another.

Try 'Crest of a wave' and call it a saying and you'll have nailed it

You're welcome "

It is definitely a metaphor,

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly? "

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

What is 'quest of a wave'?

Please don't say 'to get to the shore'

It is a metaphor ,

It's not a metaphor

A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another.

Try 'Crest of a wave' and call it a saying and you'll have nailed it

You're welcome

It is definitely a metaphor, "

'quest of a wave' most definitely is not a metaphor. They're just 4 words thrown together in a misguided attempt to get to 'crest of a wave' which is also not a metaphor

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

"

Most of them

Covid happened, and Putin invited Ukraine, the rest is nonsense.


"

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

"

Who is "suck ear" and what has this got to do with the disastrous 12 years of Tory rule?


"

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

"

You've made this up, no one tried to "thwart" brexit, so I don't know what good it would do for me to speculate what might happen in a scenario that is based on nonsense.


"

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

"

Who is "sick ear", and what are you talking about? What has this got to do with anything?


"

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

"

Is this made up like most of your stuff, or for real. I'd it's for real, I'd need some details to comment, also, what's this got to do with anything?


"

Does any of this bother you or is just Tory bashing that brings you here regularly? "

Most of it is vague or made up, and even if it was true, why would this exempt the government from recieving criticism? That makes no sense what so ever.

I thought you were trolling Conservatives. But seems like you're for real. If you want me to answer the questions that aren't based on made up scenarios, I'm happy to, but it would help if you explained why they're relevant, and give the actual examples you want commenting on.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off , "

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

What is 'quest of a wave'?

Please don't say 'to get to the shore'

It is a metaphor ,

It's not a metaphor

A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another.

Try 'Crest of a wave' and call it a saying and you'll have nailed it

You're welcome

It is definitely a metaphor,

'quest of a wave' most definitely is not a metaphor. They're just 4 words thrown together in a misguided attempt to get to 'crest of a wave' which is also not a metaphor "

It is a metaphor, but your missing the point,

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

Most of them

Covid happened, and Putin invited Ukraine, the rest is nonsense.

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Who is "suck ear" and what has this got to do with the disastrous 12 years of Tory rule?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

You've made this up, no one tried to "thwart" brexit, so I don't know what good it would do for me to speculate what might happen in a scenario that is based on nonsense.

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Who is "sick ear", and what are you talking about? What has this got to do with anything?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Is this made up like most of your stuff, or for real. I'd it's for real, I'd need some details to comment, also, what's this got to do with anything?

Does any of this bother you or is just Tory bashing that brings you here regularly?

Most of it is vague or made up, and even if it was true, why would this exempt the government from recieving criticism? That makes no sense what so ever.

I thought you were trolling Conservatives. But seems like you're for real. If you want me to answer the questions that aren't based on made up scenarios, I'm happy to, but it would help if you explained why they're relevant, and give the actual examples you want commenting on. "

Putin 'invited' Ukraine - oh dear

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave "

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

But but but, we have left the EU, we have Brexit and all it’s advantages combined with 12 years of Tory rule we should be riding the quest of a wave, sunlit uplands, the reality, it’s worse than in 2010. Btw, I voted Lib dems at the last 2 elections, and will probably vote green at the next, I don’t think SKS is a ‘saviour’ bit it’s time for a change, the tories have fucked the county and they need to fuck off

What is 'quest of a wave'?

Please don't say 'to get to the shore'

It is a metaphor ,

It's not a metaphor

A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another.

Try 'Crest of a wave' and call it a saying and you'll have nailed it

You're welcome

It is definitely a metaphor,

'quest of a wave' most definitely is not a metaphor. They're just 4 words thrown together in a misguided attempt to get to 'crest of a wave' which is also not a metaphor

It is a metaphor, but your missing the point, "

It's not a metaphor

Nobody is supporting you that it is. You've no support, no evidence it is.

'Quest of a wave' is not a saying. I suspect you were grappling for 'crest of a wave'. But you carry on maintaining it if you're unable to back down for fear of losing face

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off "

So you keep telling everyone.

Other opinions are available

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

So you keep telling everyone.

Other opinions are available

"

You can’t argue with the facts, the country is fucked and the tories have been in charge for 12 years,

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

So you keep telling everyone.

Other opinions are available

You can’t argue with the facts, the country is fucked and the tories have been in charge for 12 years, "

You can’t argue with exogenous events like the 2014 to present invasion of a European country and a global pandemic

Oh and starting from way behind in 2010 thanks to the Labour Party running out of money

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton

[Removed by poster at 10/01/23 18:45:49]

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

So you keep telling everyone.

Other opinions are available

You can’t argue with the facts, the country is fucked and the tories have been in charge for 12 years,

You can’t argue with exogenous events like the 2014 to present invasion of a European country and a global pandemic

Oh and starting from way behind in 2010 thanks to the Labour Party running out of money "

Not going to get involved in the whole discussion but I do chuckle at you Cheshirebiman when you give the Tories a pass for having to deal with exogenous events but then blame Labour for UK Govt finances despite dealing with an exogenous event! Wonderful irony that

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

So you keep telling everyone.

Other opinions are available

You can’t argue with the facts, the country is fucked and the tories have been in charge for 12 years,

You can’t argue with exogenous events like the 2014 to present invasion of a European country and a global pandemic

Oh and starting from way behind in 2010 thanks to the Labour Party running out of money "

But but but, the country is fucked, the tories have been in power for 12 years, time for them to fuck off . They are going to get wiped out like in 1997

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

So you keep telling everyone.

Other opinions are available

You can’t argue with the facts, the country is fucked and the tories have been in charge for 12 years,

You can’t argue with exogenous events like the 2014 to present invasion of a European country and a global pandemic

Oh and starting from way behind in 2010 thanks to the Labour Party running out of money

Not going to get involved in the whole discussion but I do chuckle at you Cheshirebiman when you give the Tories a pass for having to deal with exogenous events but then blame Labour for UK Govt finances despite dealing with an exogenous event! Wonderful irony that "

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

So you keep telling everyone.

Other opinions are available

You can’t argue with the facts, the country is fucked and the tories have been in charge for 12 years,

You can’t argue with exogenous events like the 2014 to present invasion of a European country and a global pandemic

Oh and starting from way behind in 2010 thanks to the Labour Party running out of money

Not going to get involved in the whole discussion but I do chuckle at you Cheshirebiman when you give the Tories a pass for having to deal with exogenous events but then blame Labour for UK Govt finances despite dealing with an exogenous event! Wonderful irony that "

Also not going to get involved in the whole discussion but I do chuckle at you Birdln when you give the Tories absolutely no credit for having to deal with catastrophic exogenous events but then praise Labour for 'saving the world' sorry 'saving the banks' in 2008.

Wonderful irony that!

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

David Malpass, president of the World Bank, has it right when he says Russia's now 9 year old war in Ukraine, stubbornly high inflation and global interest rate rises threatened to add to the "already devastating" legacy of Covid and resulting global lockdowns.

No mention of the Tories there

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Does any of this bother you or is just Tory bashing that brings you here regularly?

The tories have fucked up Brexit and the country , it is time for them to fuck off ,

You forgot your which is your way of saying 'I'm right'

Even when you're hopelessly wrong riding the jest of a cave

Ha, good one, anyway, the tories have fucked up the Brexit and the country, it is time they fucked off

So you keep telling everyone.

Other opinions are available

You can’t argue with the facts, the country is fucked and the tories have been in charge for 12 years,

You can’t argue with exogenous events like the 2014 to present invasion of a European country and a global pandemic

Oh and starting from way behind in 2010 thanks to the Labour Party running out of money

Not going to get involved in the whole discussion but I do chuckle at you Cheshirebiman when you give the Tories a pass for having to deal with exogenous events but then blame Labour for UK Govt finances despite dealing with an exogenous event! Wonderful irony that

Also not going to get involved in the whole discussion but I do chuckle at you Birdln when you give the Tories absolutely no credit for having to deal with catastrophic exogenous events but then praise Labour for 'saving the world' sorry 'saving the banks' in 2008.

Wonderful irony that! "

Please show me a post (there may be one or two) where I give the Tories no credit? My criticism tends to be focused on their corruption and how that combined with pursuing Brexit has actually made the task of dealing with the exogenous threats significantly harder. So I do not think there is any irony in what I have said

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"David Malpass, president of the World Bank, has it right when he says Russia's now 9 year old war in Ukraine, stubbornly high inflation and global interest rate rises threatened to add to the "already devastating" legacy of Covid and resulting global lockdowns.

No mention of the Tories there "

Brexit has cost HMT at least £40bn a year, forever! Corruption and cronyism during the pandemic at least another £20bn. That should fill Sunak’s and Hunt’s black holes nicely!

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

Most of them

Covid happened, and Putin invited Ukraine, the rest is nonsense.

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Who is "suck ear" and what has this got to do with the disastrous 12 years of Tory rule?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

You've made this up, no one tried to "thwart" brexit, so I don't know what good it would do for me to speculate what might happen in a scenario that is based on nonsense.

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Who is "sick ear", and what are you talking about? What has this got to do with anything?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Is this made up like most of your stuff, or for real. I'd it's for real, I'd need some details to comment, also, what's this got to do with anything?

Does any of this bother you or is just Tory bashing that brings you here regularly?

Most of it is vague or made up, and even if it was true, why would this exempt the government from recieving criticism? That makes no sense what so ever.

I thought you were trolling Conservatives. But seems like you're for real. If you want me to answer the questions that aren't based on made up scenarios, I'm happy to, but it would help if you explained why they're relevant, and give the actual examples you want commenting on.

Putin 'invited' Ukraine - oh dear "

If your strongest arguement is that I made a typo. Probably you're not getting far.

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"David Malpass, president of the World Bank, has it right when he says Russia's now 9 year old war in Ukraine, stubbornly high inflation and global interest rate rises threatened to add to the "already devastating" legacy of Covid and resulting global lockdowns.

No mention of the Tories there "

Was the global financial crisis of 2008 an "exogenous" event?

Was it a Conservative or a coalition Government in place after Labour left office?

Why are we doing relatively worse than our peer group G7 countries whilst all suffering the same "exogenous" events currently?

Is there anything at all that the current Government is in control of or responsible for?

 (closed, thread got too big)

Reply privately
 

By *ove2pleaseseukMan
over a year ago

Hastings


"David Malpass, president of the World Bank, has it right when he says Russia's now 9 year old war in Ukraine, stubbornly high inflation and global interest rate rises threatened to add to the "already devastating" legacy of Covid and resulting global lockdowns.

No mention of the Tories there

Brexit has cost HMT at least £40bn a year, forever! Corruption and cronyism during the pandemic at least another £20bn. That should fill Sunak’s and Hunt’s black holes nicely!"

More like there back pockets.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

Most of them

Covid happened, and Putin invited Ukraine, the rest is nonsense.

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Who is "suck ear" and what has this got to do with the disastrous 12 years of Tory rule?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

You've made this up, no one tried to "thwart" brexit, so I don't know what good it would do for me to speculate what might happen in a scenario that is based on nonsense.

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Who is "sick ear", and what are you talking about? What has this got to do with anything?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Is this made up like most of your stuff, or for real. I'd it's for real, I'd need some details to comment, also, what's this got to do with anything?

Does any of this bother you or is just Tory bashing that brings you here regularly?

Most of it is vague or made up, and even if it was true, why would this exempt the government from recieving criticism? That makes no sense what so ever.

I thought you were trolling Conservatives. But seems like you're for real. If you want me to answer the questions that aren't based on made up scenarios, I'm happy to, but it would help if you explained why they're relevant, and give the actual examples you want commenting on.

Putin 'invited' Ukraine - oh dear

If your strongest arguement is that I made a typo. Probably you're not getting far."

Err, no it's not made up. I leave that to you and the left.

Tortoise Media and Sky News have programmatically collected and analysed thousands of donations and payment records from MPs, political parties, and all-party parliamentary groups (APPGs). Have a look at their website for the details. If you still believe it's made up, you can write to Sky.

As regards EU fanatic Starmer, he voted 48 times against Britain's withdrawal or related legislation needed to take Britain out of the EU.

And just two years after the Brexit referendum, in 2018, Starmer tried to thwart the will of the electorate by calling for another referendum on the Brexit withdrawal agreement. The HoC will have the full details for you if you still can't believe it.

Only when leadership of the Labour Party came into view did Starmer change his tune.

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

Most of them

Covid happened, and Putin invited Ukraine, the rest is nonsense.

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Who is "suck ear" and what has this got to do with the disastrous 12 years of Tory rule?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

You've made this up, no one tried to "thwart" brexit, so I don't know what good it would do for me to speculate what might happen in a scenario that is based on nonsense.

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Who is "sick ear", and what are you talking about? What has this got to do with anything?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Is this made up like most of your stuff, or for real. I'd it's for real, I'd need some details to comment, also, what's this got to do with anything?

Does any of this bother you or is just Tory bashing that brings you here regularly?

Most of it is vague or made up, and even if it was true, why would this exempt the government from recieving criticism? That makes no sense what so ever.

I thought you were trolling Conservatives. But seems like you're for real. If you want me to answer the questions that aren't based on made up scenarios, I'm happy to, but it would help if you explained why they're relevant, and give the actual examples you want commenting on.

Putin 'invited' Ukraine - oh dear

If your strongest arguement is that I made a typo. Probably you're not getting far.

Err, no it's not made up. I leave that to you and the left.

"

You're the only person on the thread to have made up things. Not sure why you're blaming me and "the left".


"

Tortoise Media and Sky News have programmatically collected and analysed thousands of donations and payment records from MPs, political parties, and all-party parliamentary groups (APPGs). Have a look at their website for the details. If you still believe it's made up, you can write to Sky.

"

Which of your points is this referring to?


"

As regards EU fanatic Starmer, he voted 48 times against Britain's withdrawal or related legislation needed to take Britain out of the EU.

And just two years after the Brexit referendum, in 2018, Starmer tried to thwart the will of the electorate by calling for another referendum on the Brexit withdrawal agreement. The HoC will have the full details for you if you still can't believe it.

"

There were 48 votes in parliament about if we should leave the EU or not, after the referendum? And you're saying you're not making stuff up. Amazing.


"

Only when leadership of the Labour Party came into view did Starmer change his tune.

"

What tune? What as any of this for to do with anything, why would this (even if true) somehow exempt the government from criticism?

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"As regards EU fanatic Starmer, he voted 48 times against Britain's withdrawal or related legislation needed to take Britain out of the EU"

As someone who has cooled recently towards Starmer, you just bigged him up again for me. EU fanatic sounds good to me. Just hoping his current “make brexit work” stance really bears fruit. Unlikely to rejoin EU but EEA arrangement is prob best we can hope for.

 (closed, thread got too big)

Reply privately
 

By *oo hotCouple
over a year ago

North West


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

Most of them

Covid happened, and Putin invited Ukraine, the rest is nonsense.

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Who is "suck ear" and what has this got to do with the disastrous 12 years of Tory rule?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

You've made this up, no one tried to "thwart" brexit, so I don't know what good it would do for me to speculate what might happen in a scenario that is based on nonsense.

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Who is "sick ear", and what are you talking about? What has this got to do with anything?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Is this made up like most of your stuff, or for real. I'd it's for real, I'd need some details to comment, also, what's this got to do with anything?

Does any of this bother you or is just Tory bashing that brings you here regularly?

Most of it is vague or made up, and even if it was true, why would this exempt the government from recieving criticism? That makes no sense what so ever.

I thought you were trolling Conservatives. But seems like you're for real. If you want me to answer the questions that aren't based on made up scenarios, I'm happy to, but it would help if you explained why they're relevant, and give the actual examples you want commenting on.

Putin 'invited' Ukraine - oh dear

If your strongest arguement is that I made a typo. Probably you're not getting far.

Err, no it's not made up. I leave that to you and the left.

Tortoise Media and Sky News have programmatically collected and analysed thousands of donations and payment records from MPs, political parties, and all-party parliamentary groups (APPGs). Have a look at their website for the details. If you still believe it's made up, you can write to Sky.

As regards EU fanatic Starmer, he voted 48 times against Britain's withdrawal or related legislation needed to take Britain out of the EU.

And just two years after the Brexit referendum, in 2018, Starmer tried to thwart the will of the electorate by calling for another referendum on the Brexit withdrawal agreement. The HoC will have the full details for you if you still can't believe it.

Only when leadership of the Labour Party came into view did Starmer change his tune.

"

The way things are going I would say that a person who voted 48 times against a proposed trajectory that would lead us to where we are today is probably a more reliable and trustworthy custodian of the well being of the country than anyone who voted relentlessly for us to be in the mess that we are in now.

This is no longer about flag shagging, “sovrintee” or the will of the people - it is about mitigating the consequences of a disaster that has been wilfully thrust upon us by so called intellects who really should have known better.

 (closed, thread got too big)

Reply privately
 

By *oo hotCouple
over a year ago

North West


"Good news for ordinary working people with pension funds. Despite tough economic conditions the FTSE 100 ended up 1 % . Dow Jones down 9 % S and P down 19 % Nasqaq down 34 % , Frances Cac 40 down 10 % and Germans Dax 12. 4 % . This is in addition to dividend payouts being at an all time high . Any worker in a pension fund will be more than happy. We have beaten all the indices referred to.

Maybe some of the merchants of doom and gloom on here need to get out a little more and see what is happening in the real world. Speak to those who keep the wheels of Britain turning and the care workers who look after the vulnerable. Some are so busy looking for negative news they may not have time to do this .

Every day of the week the vulnerable and disabled are picking up brand new cars under the motability scheme funded by the government ( half a million cars on the scheme ). Become unemployed and your rent is paid for by the government.

We seem to ignore how well the government look after people which is funded by taxpayers and their hard work . Employers such as Lord Bamford and Tim Martin make substantial contributions via their psyrolls to help fund this . All this in addition to the businness rates which they pay. They are dedicated to helping ordinary working people.

"

The FTSE 100 has little to do with the U.K. economy.

Try harder.

 (closed, thread got too big)

Reply privately
 

By *ustintime69Man
over a year ago

Bristol


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

Inflation is at a 40 year high

Living standards are at their lowest for 40 years

Inflation is a global issue but will fall

Britain stepped out of a global pandemic, and straight into a cost of living crisis caused by Putin invading Ukraine. How are either of these exogenous events the fault of the Tories?

You do understand the meaning of 'exogenous'?

Ah, but Britain have had the Tory party in charge for 12 years and now have the amazing benefits of Brexit, so why are we in such a shit state ?

Labour left the Treasury in an absolute mess in 2010, necessitating Austerity.

Putin partially invaded Ukraine in 2014.

COVID-19 appeared in 2019.

Putin fully invaded Ukraine in 2022.

Immensely damaging exogenous global events. Keep up.

Your implied saviour, Sick Ear Starmer, to the above events (how he'll pull it off, nobody knows) made it worse with his undemocratic attempts to thwart our exit from the EU from 2016 to 2020.

I know this is a pisstake post. But there are Daily Mail readers and the like who actually think like this.

Unbelievable as it may seem.

And so which of those exogenous events are not reality?

Most of them

Covid happened, and Putin invited Ukraine, the rest is nonsense.

How do you suppose Sick Ear will deal with the cost of living crisis caused by the invasion by Russia of Ukraine and the after effects of furlough /covid?

Who is "suck ear" and what has this got to do with the disastrous 12 years of Tory rule?

Do you really believe that he is committed to keeping Brexit safe after he spent 4 years trying to thwart it?

You've made this up, no one tried to "thwart" brexit, so I don't know what good it would do for me to speculate what might happen in a scenario that is based on nonsense.

How do you feel about Labour and Sick Ear taking £380,000 from a wealthy donor who has also been funding Just Stop Oil and Extinction Rebellion (XR) organisations SKS condemns (ostensibly).?

Who is "sick ear", and what are you talking about? What has this got to do with anything?

Starmer wants second jobs for MPs banned but defends David Lammy earning £200,000?

Is this made up like most of your stuff, or for real. I'd it's for real, I'd need some details to comment, also, what's this got to do with anything?

Does any of this bother you or is just Tory bashing that brings you here regularly?

Most of it is vague or made up, and even if it was true, why would this exempt the government from recieving criticism? That makes no sense what so ever.

I thought you were trolling Conservatives. But seems like you're for real. If you want me to answer the questions that aren't based on made up scenarios, I'm happy to, but it would help if you explained why they're relevant, and give the actual examples you want commenting on.

Putin 'invited' Ukraine - oh dear

If your strongest arguement is that I made a typo. Probably you're not getting far.

Err, no it's not made up. I leave that to you and the left.

Tortoise Media and Sky News have programmatically collected and analysed thousands of donations and payment records from MPs, political parties, and all-party parliamentary groups (APPGs). Have a look at their website for the details. If you still believe it's made up, you can write to Sky.

As regards EU fanatic Starmer, he voted 48 times against Britain's withdrawal or related legislation needed to take Britain out of the EU.

And just two years after the Brexit referendum, in 2018, Starmer tried to thwart the will of the electorate by calling for another referendum on the Brexit withdrawal agreement. The HoC will have the full details for you if you still can't believe it.

Only when leadership of the Labour Party came into view did Starmer change his tune.

"

Ah Tortoise Media and Sky News….the thinking man’s TalkTV and GBNews allegedly!

So let’s ask one question….given that we have had 12 years of Tory government, Brexit success (oh the irony!) and no significant opposition to the government during that time why is it that we have the lowest productivity in Europe?

Please don’t try to blame it all on Putin, Socialism, exogenous factors etc as that is neither accurate or truthful imho and is just a pretence to try and cover up the appalling devastation this government have enacted on our country

If you are at all patriotic you would not be embracing the awful failures of the Tories with such zeal but then perhaps you prefer to lap up the ideologies of Tufton Street and loons like Patrick Minford rather than engage with reality

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"As regards EU fanatic Starmer, he voted 48 times against Britain's withdrawal or related legislation needed to take Britain out of the EU

As someone who has cooled recently towards Starmer, you just bigged him up again for me. EU fanatic sounds good to me. Just hoping his current “make brexit work” stance really bears fruit. Unlikely to rejoin EU but EEA arrangement is prob best we can hope for."

He may well be looking at joining the EEA but personally I think if that's the case then he should say so

 (closed, thread got too big)

Reply privately
 

By *rHotNottsMan
over a year ago

Dubai & Nottingham

I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

"

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests "

Inflation at a 40 year high

Living standards at a 40 year low

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests "

"Suprise election win". As we've seen, the electorate consistently vote against their own interests, exactly as instructed to. So it will be no surprise to many if we get five more years of Tory reign.

 (closed, thread got too big)

Reply privately
 

By *uninlondon69Man
over a year ago

Tower Bridge South


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests "

Super high employment? The comedy on this forum is a bit hit and miss today.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

Super high employment? The comedy on this forum is a bit hit and miss today. "

He didn’t mention over 1 million workers who are on strike

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

Super high employment? The comedy on this forum is a bit hit and miss today. "

Yes, they're incredible figures aren't they? When Blair came to power in May 97, the employment rate was 70.9% and when Labour left office in 2010, it was 70.4%.

Presently, it is 75.6% having risen steadily since 2010.

Statista will give you the full details - they show the employment rate in the United Kingdom from March 1971 to October 2022.

Super high figures indeed

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

Super high employment? The comedy on this forum is a bit hit and miss today.

He didn’t mention over 1 million workers who are on strike "

Why would I? We're taking about employment - they all have jobs

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

"Suprise election win". As we've seen, the electorate consistently vote against their own interests, exactly as instructed to. So it will be no surprise to many if we get five more years of Tory reign. "

A lot of people go by polls which 'indicate' a large Labour lead. I venture such people would be surprised at a Tory '25 win

Labour enjoyed similar poll leads in 90 and 91 but John Major won in 1992 for the Tories

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

Inflation at a 40 year high

Living standards at a 40 year low "

Invasion rates of European countries at an 80 year high

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago

[Removed by poster at 13/01/23 14:02:09]

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

Inflation at a 40 year high

Living standards at a 40 year low

Invasion rates of European countries at an 80 year high "

Over 1 million people on strike

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

"Suprise election win". As we've seen, the electorate consistently vote against their own interests, exactly as instructed to. So it will be no surprise to many if we get five more years of Tory reign.

A lot of people go by polls which 'indicate' a large Labour lead. I venture such people would be surprised at a Tory '25 win

Labour enjoyed similar poll leads in 90 and 91 but John Major won in 1992 for the Tories "

Indeed, a lot of people are hopeful, and that translates into optimism. However, recently history tells us that on polling day, the electorate will fall in line.

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

Inflation at a 40 year high

Living standards at a 40 year low

Invasion rates of European countries at an 80 year high "

That's 1 invasion.

Is this something the Tories should be lauded for? They haven't been in power for the whole 80 years, and not sure we should give them too much credit for Russia invading Ukraine.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

Inflation at a 40 year high

Living standards at a 40 year low

Invasion rates of European countries at an 80 year high

That's 1 invasion.

Is this something the Tories should be lauded for? They haven't been in power for the whole 80 years, and not sure we should give them too much credit for Russia invading Ukraine. "

I think he is trying the usual Tory tactic of deflect and blame

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests "

The FTSE rises are not good news (apparently) though any time it goes down it will of course be bad news. I expect the November figures will most likely be bad news to. Anyway seems the figures could get worse this year before maybe improving

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests

The FTSE rises are not good news (apparently) though any time it goes down it will of course be bad news. I expect the November figures will most likely be bad news to. Anyway seems the figures could get worse this year before maybe improving"

I don't recall ever having seen a post where the FT falling have been posted as a particular indicator of anything. Only that the FT rising is an indicator of how well the "UK" or "those with a pension" are doing.

What it indicates is that the FTSE 100 is doing well which depends on how your pension or other money is invested.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago

Unless you happen to be invested in one of the companies, all this artsy fartsy footsie 100 crap means nothing.

As far as we are concerned, if the price of domestic fuel, fuel at the pump, food, and goods prices go down then we care. (Unless we get any disposable cash to invest in stocks).

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

"

Inflation at a 40 year high

Living standard at a 40 year low

NHS waiting times at an all time high

Over 1 million people on strike

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

"

So?

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

So?"

Wankers, pee counters and statisticians live they're whole life by numbers

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

"

More terrible news

 (closed, thread got too big)

Reply privately
 

By *amantMan
over a year ago

Alnmouth


"Good news for ordinary working people with pension funds. Despite tough economic conditions the FTSE 100 ended up 1 % . Dow Jones down 9 % S and P down 19 % Nasqaq down 34 % , Frances Cac 40 down 10 % and Germans Dax 12. 4 % . This is in addition to dividend payouts being at an all time high . Any worker in a pension fund will be more than happy. We have beaten all the indices referred to.

Maybe some of the merchants of doom and gloom on here need to get out a little more and see what is happening in the real world. Speak to those who keep the wheels of Britain turning and the care workers who look after the vulnerable. Some are so busy looking for negative news they may not have time to do this .

Every day of the week the vulnerable and disabled are picking up brand new cars under the motability scheme funded by the government ( half a million cars on the scheme ). Become unemployed and your rent is paid for by the government.

We seem to ignore how well the government look after people which is funded by taxpayers and their hard work . Employers such as Lord Bamford and Tim Martin make substantial contributions via their psyrolls to help fund this . All this in addition to the businness rates which they pay. They are dedicated to helping ordinary working people.

"

Is the near collapse of the health service happening in the real world? Not to mention the erosion of social care. Unless of course we're just doom merchants for talking about what is actually happening.

The crisis in healh and social care is awful but it could get notably worse. Among allied healthcare workers, those destined for retirement in 10 years or so aren't being replaced in the workplace. Graduates are simply quitting within 5 years of taking the job. If you can have less stress doing something else, or better pay with less stress elsewhere, you wouldn't stay either. It's a severe crisis and it's getting worse.

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

So?

Wankers, pee counters and statisticians live they're whole life by numbers "

Numbers are very important, if you know what they mean and what purpose they have.

Just waving them around like a phallus is pointless.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

More terrible news"

Who for.?

It's clear stronger than expected appetite from consumers has boosted the retail, travel and hospitality sectors, while banks are still riding the wave of higher interest rates.

Things are looking up for the UK, and the footsie is the flavour of the month . Inflation moderating, house prices back up in January, record employment and lowest ever unemployment

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

More terrible news

Who for.?

It's clear stronger than expected appetite from consumers has boosted the retail, travel and hospitality sectors, while banks are still riding the wave of higher interest rates.

Things are looking up for the UK, and the footsie is the flavour of the month . Inflation moderating, house prices back up in January, record employment and lowest ever unemployment

"

Why is the FTSE 100 rising good for the UK?

What does it mean, Pat?

Higher than expected Christmas figures great in the short term. Waiting to see how much was paid for on credit and what the effect of paying that down will be.

Inflation is an "externality" according to you, so just lucky. Good news, but nothing we've done.

Low employment also very good, bit a huge number of vacancies leading to understaffing and industrial disputes and lost productivity because work just isn't being done.

Why are you so excited about short term events rather than long term prosperity?

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

More terrible news

Who for.?

It's clear stronger than expected appetite from consumers has boosted the retail, travel and hospitality sectors, while banks are still riding the wave of higher interest rates.

Things are looking up for the UK, and the footsie is the flavour of the month . Inflation moderating, house prices back up in January, record employment and lowest ever unemployment

"

'Mr Bailey said that inflation - the rate at which prices rise - looks set to fall sharply this year as energy prices decrease, but a shortage of workers in the labour market posed a "major risk" to this outcome.

The cost of living is rising at its fastest pace in 40 years as energy bills and food price soar, putting households under pressure.

The Bank of England is expected to raise interest rates for a tenth time in a row early next month as it seeks to cool inflation.

it has to balance rates rises - which increase the cost of borrowing money for consumers and businesses - with the risk of tipping the country into recession.

A recent forecast from the Office for Budget Responsibility suggests the UK is already in recession and will remain so for the whole of 2023."

https://www.bbc.com/news/business-64296230

So, again, why are short term fluctuations so important to you, Pat?

 (closed, thread got too big)

Reply privately
 

By *rHotNottsMan
over a year ago

Dubai & Nottingham


"I don’t understand this post - who invests solely in FTSE100 companies or cares about 1 day performance of them.

It’s about as significant as the 20p I found today when hoovering up

1 day performance? The FTSE 100 has just hit four-year highs above 7,800 points.

Further rises could be around the corner too as people rush to build their investment portfolios.

The UK economy also grew in November boosting hopes that we will avoid a recession.

With ultra low unemployment and super high employment, falling inflation and record investment in our public services, Sunak looks set to be the comeback kid, bagging a surprise election win in January 2025? Swerving Starmer like we swerved his stablemate Corbyn would surely be in the UKs best interests "

You seriously believe that ? The UK is fucked , it doesn’t matter which government it has. It has such a low skills base, low productivity low education and backward thinking inward looking people how can it possibly sort out its infrastructure , health and education systems under any government.

100% employment is bullshit. Outside of the SE and a few pockets, millions are claiming universal credit be they employed, self employed or criminals.

A minority in the SE create the UK wealth and then they work so hard to offshore it so they don’t have to share it up north

 (closed, thread got too big)

Reply privately
 

By *ackal1Couple
over a year ago

Manchester

Just for information the UK sales and spending were up before Christmas in great part due to the World Cup which always sees a boost in spending. The underlying trend is still pretty bleak.

The FTSE 100 reflects the rest of the world’s upturn rather than the UK seeing as most of the revenues are earned abroad not in the UK. ( over 80%)

Still it gives the government something positive to say even though they know it’s not the UK’s reality.

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

For the UK. If it goes up its not good news for the UK. If it goes down it's bad news for the UK. It's only January and we have a bleak year ahead so was hoping not to hear bad news so early

More terrible news

Who for.?

It's clear stronger than expected appetite from consumers has boosted the retail, travel and hospitality sectors, while banks are still riding the wave of higher interest rates.

Things are looking up for the UK, and the footsie is the flavour of the month . Inflation moderating, house prices back up in January, record employment and lowest ever unemployment

"

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

For the UK. If it goes up its not good news for the UK. If it goes down it's bad news for the UK. It's only January and we have a bleak year ahead so was hoping not to hear bad news so early

More terrible news

Who for.?

It's clear stronger than expected appetite from consumers has boosted the retail, travel and hospitality sectors, while banks are still riding the wave of higher interest rates.

Things are looking up for the UK, and the footsie is the flavour of the month . Inflation moderating, house prices back up in January, record employment and lowest ever unemployment

"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

For the UK. If it goes up its not good news for the UK. If it goes down it's bad news for the UK. It's only January and we have a bleak year ahead so was hoping not to hear bad news so early

More terrible news

Who for.?

It's clear stronger than expected appetite from consumers has boosted the retail, travel and hospitality sectors, while banks are still riding the wave of higher interest rates.

Things are looking up for the UK, and the footsie is the flavour of the month . Inflation moderating, house prices back up in January, record employment and lowest ever unemployment

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation "

That is good news. Shame prices to consumers increase like a launching rocket but decrease like a floating feather.

 (closed, thread got too big)

Reply privately
 

By *abioMan
over a year ago

Newcastle and Gateshead


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation "

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

For the UK. If it goes up its not good news for the UK. If it goes down it's bad news for the UK. It's only January and we have a bleak year ahead so was hoping not to hear bad news so early

More terrible news

Who for.?

It's clear stronger than expected appetite from consumers has boosted the retail, travel and hospitality sectors, while banks are still riding the wave of higher interest rates.

Things are looking up for the UK, and the footsie is the flavour of the month . Inflation moderating, house prices back up in January, record employment and lowest ever unemployment

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

That is good news. Shame prices to consumers increase like a launching rocket but decrease like a floating feather."

Good analogy

Sad but true too

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner "

Good info, thanks

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London

Oh no!

The FTSE 100 fell 1.07% today. The Dow Jones only fell 0.54%.

We're all doomed! It's the end of days and tells us that the UK economy is on a disastrous downward spiral!

Alternatively, it doesn't tell us that much at all about the UK on a daily or weekly or evenly monthly basis.

Even less if most FTSE 100 profits are earned abroad.

 (closed, thread got too big)

Reply privately
 

By *abioMan
over a year ago

Newcastle and Gateshead


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner

Good info, thanks "

Actually I think I have found a better way to explain what is going to happen… thanks Martin Lewis

Think of it as OFGEM price cap vs government price guarantee

First of all it’s wise of me to basically point out that almost everyone is now on the government tariff!

So… the ofgem price cap moves every 3 months, the government price guarantee moves every 6 months (April and October)

The rest of what I am going to say relates to average usage…

OFGEM cap at the moment is 3700… price guaranteed is 2400… so basically most are being subsidised

In April…. OFGEM cap is predicted to go up to 4200, the price guarantee is going up from 2400 to 3000

Results… your gas price is going up by 20% in April… buckle up!!!

Now… in July is where it may start getting interesting… remembering that your gas bill will only go down if the price cap is lower than the price guarantee

We know that the guarantee is 3000…. Now if the condition stay as they are.. the July OFGEM cap may be somewhere in the 2800-2900 range, which means you may pay less than in April, but it’s still more than you are paying now!

It’s going to be October 23 at the earliest before you think of paying less than now, and that’s is going to be very very dependent on what the EU has used in gas this winter and need to replenishment!

If the eu only needs to replace less than 50% because of the very mild winter.. the price will continue going down, if it were to get very cold in the next few months.. and they need to replace up to 80%… prices will go up!!!

Which then leads to something mentioned in the Liz truss thread….because Jeremy hunt reduced the length of the scheme (the guarantee from 2 years to 1 year ) but because of the very warm winter they have only used 2bn of the 10bn the OBR were suggesting it would cost.. it gives the government the option to possibly extend the programme if needed

 (closed, thread got too big)

Reply privately
 

By *otMe66Man
over a year ago

Terra Firma


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner

Good info, thanks

Actually I think I have found a better way to explain what is going to happen… thanks Martin Lewis

Think of it as OFGEM price cap vs government price guarantee

First of all it’s wise of me to basically point out that almost everyone is now on the government tariff!

So… the ofgem price cap moves every 3 months, the government price guarantee moves every 6 months (April and October)

The rest of what I am going to say relates to average usage…

OFGEM cap at the moment is 3700… price guaranteed is 2400… so basically most are being subsidised

In April…. OFGEM cap is predicted to go up to 4200, the price guarantee is going up from 2400 to 3000

Results… your gas price is going up by 20% in April… buckle up!!!

Now… in July is where it may start getting interesting… remembering that your gas bill will only go down if the price cap is lower than the price guarantee

We know that the guarantee is 3000…. Now if the condition stay as they are.. the July OFGEM cap may be somewhere in the 2800-2900 range, which means you may pay less than in April, but it’s still more than you are paying now!

It’s going to be October 23 at the earliest before you think of paying less than now, and that’s is going to be very very dependent on what the EU has used in gas this winter and need to replenishment!

If the eu only needs to replace less than 50% because of the very mild winter.. the price will continue going down, if it were to get very cold in the next few months.. and they need to replace up to 80%… prices will go up!!!

Which then leads to something mentioned in the Liz truss thread….because Jeremy hunt reduced the length of the scheme (the guarantee from 2 years to 1 year ) but because of the very warm winter they have only used 2bn of the 10bn the OBR were suggesting it would cost.. it gives the government the option to possibly extend the programme if needed "

I think it is going to be easier to invade Russia, they have plenty of gas and they're on their arse at the minute

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner

Good info, thanks

Actually I think I have found a better way to explain what is going to happen… thanks Martin Lewis

Think of it as OFGEM price cap vs government price guarantee

First of all it’s wise of me to basically point out that almost everyone is now on the government tariff!

So… the ofgem price cap moves every 3 months, the government price guarantee moves every 6 months (April and October)

The rest of what I am going to say relates to average usage…

OFGEM cap at the moment is 3700… price guaranteed is 2400… so basically most are being subsidised

In April…. OFGEM cap is predicted to go up to 4200, the price guarantee is going up from 2400 to 3000

Results… your gas price is going up by 20% in April… buckle up!!!

Now… in July is where it may start getting interesting… remembering that your gas bill will only go down if the price cap is lower than the price guarantee

We know that the guarantee is 3000…. Now if the condition stay as they are.. the July OFGEM cap may be somewhere in the 2800-2900 range, which means you may pay less than in April, but it’s still more than you are paying now!

It’s going to be October 23 at the earliest before you think of paying less than now, and that’s is going to be very very dependent on what the EU has used in gas this winter and need to replenishment!

If the eu only needs to replace less than 50% because of the very mild winter.. the price will continue going down, if it were to get very cold in the next few months.. and they need to replace up to 80%… prices will go up!!!

Which then leads to something mentioned in the Liz truss thread….because Jeremy hunt reduced the length of the scheme (the guarantee from 2 years to 1 year ) but because of the very warm winter they have only used 2bn of the 10bn the OBR were suggesting it would cost.. it gives the government the option to possibly extend the programme if needed "

Our resident gas/energy experts will be able to confirm/dispute this but another factor (I recall) was that since the war in Ukraine started, the UK has been pumping North Sea gas across to EU storage (as we stupidly have no storage of our own duh!) and helped fill it. This was based on an agreement that we could get some if it back if needed (not sure on commercial arrangements obviously).

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner

Good info, thanks

Actually I think I have found a better way to explain what is going to happen… thanks Martin Lewis

Think of it as OFGEM price cap vs government price guarantee

First of all it’s wise of me to basically point out that almost everyone is now on the government tariff!

So… the ofgem price cap moves every 3 months, the government price guarantee moves every 6 months (April and October)

The rest of what I am going to say relates to average usage…

OFGEM cap at the moment is 3700… price guaranteed is 2400… so basically most are being subsidised

In April…. OFGEM cap is predicted to go up to 4200, the price guarantee is going up from 2400 to 3000

Results… your gas price is going up by 20% in April… buckle up!!!

Now… in July is where it may start getting interesting… remembering that your gas bill will only go down if the price cap is lower than the price guarantee

We know that the guarantee is 3000…. Now if the condition stay as they are.. the July OFGEM cap may be somewhere in the 2800-2900 range, which means you may pay less than in April, but it’s still more than you are paying now!

It’s going to be October 23 at the earliest before you think of paying less than now, and that’s is going to be very very dependent on what the EU has used in gas this winter and need to replenishment!

If the eu only needs to replace less than 50% because of the very mild winter.. the price will continue going down, if it were to get very cold in the next few months.. and they need to replace up to 80%… prices will go up!!!

Which then leads to something mentioned in the Liz truss thread….because Jeremy hunt reduced the length of the scheme (the guarantee from 2 years to 1 year ) but because of the very warm winter they have only used 2bn of the 10bn the OBR were suggesting it would cost.. it gives the government the option to possibly extend the programme if needed

Our resident gas/energy experts will be able to confirm/dispute this but another factor (I recall) was that since the war in Ukraine started, the UK has been pumping North Sea gas across to EU storage (as we stupidly have no storage of our own duh!) and helped fill it. This was based on an agreement that we could get some if it back if needed (not sure on commercial arrangements obviously). "

Oops wasn’t finished...

Now if the UK based “gas companies” were selling the gas at market rates and if that price falls then the UK gets to buy back the same gas for less money making a tidy profit for those companies! Wonder if THAT will be reflected in consumer’s bills?

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner

Good info, thanks

Actually I think I have found a better way to explain what is going to happen… thanks Martin Lewis

Think of it as OFGEM price cap vs government price guarantee

First of all it’s wise of me to basically point out that almost everyone is now on the government tariff!

So… the ofgem price cap moves every 3 months, the government price guarantee moves every 6 months (April and October)

The rest of what I am going to say relates to average usage…

OFGEM cap at the moment is 3700… price guaranteed is 2400… so basically most are being subsidised

In April…. OFGEM cap is predicted to go up to 4200, the price guarantee is going up from 2400 to 3000

Results… your gas price is going up by 20% in April… buckle up!!!

Now… in July is where it may start getting interesting… remembering that your gas bill will only go down if the price cap is lower than the price guarantee

We know that the guarantee is 3000…. Now if the condition stay as they are.. the July OFGEM cap may be somewhere in the 2800-2900 range, which means you may pay less than in April, but it’s still more than you are paying now!

It’s going to be October 23 at the earliest before you think of paying less than now, and that’s is going to be very very dependent on what the EU has used in gas this winter and need to replenishment!

If the eu only needs to replace less than 50% because of the very mild winter.. the price will continue going down, if it were to get very cold in the next few months.. and they need to replace up to 80%… prices will go up!!!

Which then leads to something mentioned in the Liz truss thread….because Jeremy hunt reduced the length of the scheme (the guarantee from 2 years to 1 year ) but because of the very warm winter they have only used 2bn of the 10bn the OBR were suggesting it would cost.. it gives the government the option to possibly extend the programme if needed

Our resident gas/energy experts will be able to confirm/dispute this but another factor (I recall) was that since the war in Ukraine started, the UK has been pumping North Sea gas across to EU storage (as we stupidly have no storage of our own duh!) and helped fill it. This was based on an agreement that we could get some if it back if needed (not sure on commercial arrangements obviously).

Oops wasn’t finished...

Now if the UK based “gas companies” were selling the gas at market rates and if that price falls then the UK gets to buy back the same gas for less money making a tidy profit for those companies! Wonder if THAT will be reflected in consumer’s bills? "

I don't believe that there is any "agreement" on gas EU gas storage coming back to the UK.

Private companies sold the gas at market rates. UK domestic suppliers will purchase any gas available at market rates That's it. The UK Government has no say in the matter.

The Government will pay the difference over the price cap. Also, worth repeating that the "cap" is for the price of gas for an average household. You can still pay more if you use more than average.

The similar scheme for businesses is set to end earlier which is potentially a big problem for the viability of some companies already at the margin.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago

The strength of the FTSE is irrelevant to the vast majority of working people in the UK.

These posts remind me of Brexit fanatic ‘lobster Chris’ . He used to base the success of Brexit and the strength of the UKs economy on the strength of the pound against the euro and any tiny positive fluctuations would be celebrated with a lobster meal

(Apparently ). Whatever happened to him, I miss his posts . Btw, the pound is currently trade at 1.14 Euros

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"

Natural gas prices in Europe have slumped to a 16-month low which bodes well for moderating inflation

Sort of……

It will do ‘eventually’ …..

Reason being is that because the Uk has no LEF gas storage facilities (discussion for another day) the uk basically buys their gas in effect a year ahead to guarantee deliveries

Ironically… because a lot of EU countries do store gas, they basically top up as and when they need it… so they are in a much better position to take advantage of the cheaper price .. and they will flow into Eu inflation rates sooner

Good info, thanks

Actually I think I have found a better way to explain what is going to happen… thanks Martin Lewis

Think of it as OFGEM price cap vs government price guarantee

First of all it’s wise of me to basically point out that almost everyone is now on the government tariff!

So… the ofgem price cap moves every 3 months, the government price guarantee moves every 6 months (April and October)

The rest of what I am going to say relates to average usage…

OFGEM cap at the moment is 3700… price guaranteed is 2400… so basically most are being subsidised

In April…. OFGEM cap is predicted to go up to 4200, the price guarantee is going up from 2400 to 3000

Results… your gas price is going up by 20% in April… buckle up!!!

Now… in July is where it may start getting interesting… remembering that your gas bill will only go down if the price cap is lower than the price guarantee

We know that the guarantee is 3000…. Now if the condition stay as they are.. the July OFGEM cap may be somewhere in the 2800-2900 range, which means you may pay less than in April, but it’s still more than you are paying now!

It’s going to be October 23 at the earliest before you think of paying less than now, and that’s is going to be very very dependent on what the EU has used in gas this winter and need to replenishment!

If the eu only needs to replace less than 50% because of the very mild winter.. the price will continue going down, if it were to get very cold in the next few months.. and they need to replace up to 80%… prices will go up!!!

Which then leads to something mentioned in the Liz truss thread….because Jeremy hunt reduced the length of the scheme (the guarantee from 2 years to 1 year ) but because of the very warm winter they have only used 2bn of the 10bn the OBR were suggesting it would cost.. it gives the government the option to possibly extend the programme if needed

Our resident gas/energy experts will be able to confirm/dispute this but another factor (I recall) was that since the war in Ukraine started, the UK has been pumping North Sea gas across to EU storage (as we stupidly have no storage of our own duh!) and helped fill it. This was based on an agreement that we could get some if it back if needed (not sure on commercial arrangements obviously).

Oops wasn’t finished...

Now if the UK based “gas companies” were selling the gas at market rates and if that price falls then the UK gets to buy back the same gas for less money making a tidy profit for those companies! Wonder if THAT will be reflected in consumer’s bills? "

If they sold it at a high market rate (which at the time was high) and buy it back also at the market rate but a lower market rate then yes they have benefited. I think it may be wishful thinking to see any benefit passed on. Not sure how much was done in this way. I do know a lot of gas was pumped to Europe that arrived in the UK as LNG from America and other places as at the time not many European countries had LNG facilities and needed help. I think Germany at least has now addressed that problem

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

"

You seem to have not understood that the FTSE does not represent the performance of the UK economy.

I don't really understand why that is still the case, but it clearly is

Even if it were what you have quoted explicitly states that it is Putin who controls the performance of the index at the moment, so what point do you think that you are proving? Sunak has no control over global energy prices so has not "brought down inflation", has he?

Good that employment is high. From your perspective I guess it's a shame that a lot of those roles are filled by immigrants.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

You seem to have not understood that the FTSE does not represent the performance of the UK economy.

I don't really understand why that is still the case, but it clearly is

Even if it were what you have quoted explicitly states that it is Putin who controls the performance of the index at the moment, so what point do you think that you are proving? Sunak has no control over global energy prices so has not "brought down inflation", has he?

Good that employment is high. From your perspective I guess it's a shame that a lot of those roles are filled by immigrants."

You seem to have confused me with those previously attacking people of colour in Parliament

Managed properly, immigration makes our country richer

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

You seem to have not understood that the FTSE does not represent the performance of the UK economy.

I don't really understand why that is still the case, but it clearly is

Even if it were what you have quoted explicitly states that it is Putin who controls the performance of the index at the moment, so what point do you think that you are proving? Sunak has no control over global energy prices so has not "brought down inflation", has he?

Good that employment is high. From your perspective I guess it's a shame that a lot of those roles are filled by immigrants.

You seem to have confused me with those previously attacking people of colour in Parliament

Managed properly, immigration makes our country richer "

No, I have not confused you with anyone "angry" Pat

 (closed, thread got too big)

Reply privately
 

By *amantMan
over a year ago

Alnmouth


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are

Oh, I must sack my IFA as he never mentioned that the footsie going up or down was always unquestionably bad news. How fortunate we are to have you on board with your incisive investment analysis

I must pass on your message to Michael Hewson, Chief Market Analyst at CMC Markets, who clearly knows nothing when he says the resilience of the FTSE100 helps to reinforce optimism that the economy will avoid a hard landing type of recession over the next few months and that the banks are doing a great job reining in inflation.

You must see that this is being reflected in the performance of the FTSE 100 which is once again performing very well, despite the horrific exogenous events of covid and Ukraine.

Unemployment has never been lower and employment never been higher. We're looking at 2% inflation next year and much better mortgage deals. Meantime, savers can get some decent deals.

We left the EU on January 31 2020, fulfilling the promise to the British people. There will be a new points-based immigration system, taking back control of our borders while continuing to attract the brightest and best to the UK.

Record investment in the free NHS. More money for Defence, Education, Transport, HS2 etc and ambitious climate change action. Super fast vaccination programme meant reopening the economy earlier than Europe and earlier than Starmer wanted.

Is this what you mean by it "shows how bad things are"?

I've told you before back in 2010, the Conservatives inherited a country that was on the road to becoming an economic basket case. Public spending has grown each and every year since 2010. True, the rate of growth may have been modest in some years, but we know why. The former Labour chief secretary to the Treasury, Liam Byrne, explained when he confirmed on leaving office, saying: “I’m afraid there is no money.”

Of course, the turbulent Truss tenure was disappointing, but the damage has been repaired and as a country we are on the up. Record numbers of people try to get here from peaceful France, safe Albania and elsewhere. Far fewer people emigrate from here, than immigrate here. Our population is up by 10 million in 20 years. It makes us wonderfully diverse.

Conservatives can claim to be the world’s oldest and most successful political party. That's no accident.

However, Labour’s plans and reckless command and control policies would wreck things. The choice will be clear in 24/25: continue on a stable, open and increasingly prosperous path or frankly risk it with a virtue-signalling head rush, typified by Starmer unable to define 'woman', that will end in economic ruin.

"

Why then, in 2010, did the Conservatives not win a majority in the election that year? Labour had been in office for uninterrupted power for the longest period they had ever managed and it ended in 2010. Why no Conservative majority?

Let's look at George Osborne. At the 2007 spending review, he argued we weren't spending enough on education and it was choking off growth. He also argued in favour of *DE*regulation of the banking sector. This was the man that became chancellor in 2010. By 2012, we hit a double dip recession. Why? His coalition partners knew. The Lib Dems campaigned on a programme of 'speed kills', referring to cutting your way out. Yet they all went along with it.

You refer to the infamous Liam Byrne memo, which was a joke. The recipient David Laws has written about his guilt in it. It is standard convention for outgoing secretaries and others to leave memos like that in the office. The chancellor, Allister Darling also left a note for Osborne but 'no revolver'. You would do well to not completely remove the context from what you talk about.

 (closed, thread got too big)

Reply privately
 

By *oo hotCouple
over a year ago

North West


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

"

You know that this is not really the cheery kind of story you think it is right?

Massive cost of living crisis for the majority, whilst a minority achieve yet more wealth.

Do you not think headlines worth celebrating might be something like…

U.K. Living standards reach all time high

In work benefits at lowest level ever

Homelessness is over

U.K. wages best in G7

Poverty is finally a thing of the past

Celebrating the accumulation of wealth by a tiny minority in the belief that somehow this will enrich the overwhelming majority is somewhat naive.

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

"

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)

 (closed, thread got too big)

Reply privately
 

By *uddy laneMan
over a year ago

dudley

Every person can earn over 12k befors paying tax using their capital gains allowance speculating on the commodity markets or forex the bankers and speculators use their allowance and since 2019 I do.

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)"

Why do you think that the FTSE 100 price being high is good news for the UK?

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"Every person can earn over 12k befors paying tax using their capital gains allowance speculating on the commodity markets or forex the bankers and speculators use their allowance and since 2019 I do. "

Fair play , it’s a risky business though

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)

Why do you think that the FTSE 100 price being high is good news for the UK?"

You seem to have mixed me up with someone else

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)

Why do you think that the FTSE 100 price being high is good news for the UK?

You seem to have mixed me up with someone else"

No. You posted sarcastically.

So, I'm interested to know why you think that the increase in the value of the FTSE100 really is good news for the UK.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)

Why do you think that the FTSE 100 price being high is good news for the UK?

You seem to have mixed me up with someone else"

Clue's in the name - easily confused!

Back to this fantastic news and Michael Hewson, chief market analyst at CMC Markets, said that after years of underperformance, the FTSE closing at a record high was a significant moment for UK investors.

He added that the market could reach new peaks in the coming weeks.

'There's every reason to suppose if interest rates remain at current levels, that the FTSE 100 can push on further," he said.

The renewed momentum in markets should be welcomed by investors - including holders of pension funds

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"More good news - the FTSE 100 continues its winning streak today boosted by good gains in the US on Friday and hopes that the reopening in China will provide a boost to global economic growth. 4 year high at over 7700

You've been told before, if it goes up then its irrelevant due to previously mentioned reasons. If it goes down, then it's relevant and shows how bad things are

Oh, I must sack my IFA as he never mentioned that the footsie going up or down was always unquestionably bad news. How fortunate we are to have you on board with your incisive investment analysis

I must pass on your message to Michael Hewson, Chief Market Analyst at CMC Markets, who clearly knows nothing when he says the resilience of the FTSE100 helps to reinforce optimism that the economy will avoid a hard landing type of recession over the next few months and that the banks are doing a great job reining in inflation.

You must see that this is being reflected in the performance of the FTSE 100 which is once again performing very well, despite the horrific exogenous events of covid and Ukraine.

Unemployment has never been lower and employment never been higher. We're looking at 2% inflation next year and much better mortgage deals. Meantime, savers can get some decent deals.

We left the EU on January 31 2020, fulfilling the promise to the British people. There will be a new points-based immigration system, taking back control of our borders while continuing to attract the brightest and best to the UK.

Record investment in the free NHS. More money for Defence, Education, Transport, HS2 etc and ambitious climate change action. Super fast vaccination programme meant reopening the economy earlier than Europe and earlier than Starmer wanted.

Is this what you mean by it "shows how bad things are"?

I've told you before back in 2010, the Conservatives inherited a country that was on the road to becoming an economic basket case. Public spending has grown each and every year since 2010. True, the rate of growth may have been modest in some years, but we know why. The former Labour chief secretary to the Treasury, Liam Byrne, explained when he confirmed on leaving office, saying: “I’m afraid there is no money.”

Of course, the turbulent Truss tenure was disappointing, but the damage has been repaired and as a country we are on the up. Record numbers of people try to get here from peaceful France, safe Albania and elsewhere. Far fewer people emigrate from here, than immigrate here. Our population is up by 10 million in 20 years. It makes us wonderfully diverse.

Conservatives can claim to be the world’s oldest and most successful political party. That's no accident.

However, Labour’s plans and reckless command and control policies would wreck things. The choice will be clear in 24/25: continue on a stable, open and increasingly prosperous path or frankly risk it with a virtue-signalling head rush, typified by Starmer unable to define 'woman', that will end in economic ruin.

Why then, in 2010, did the Conservatives not win a majority in the election that year? Labour had been in office for uninterrupted power for the longest period they had ever managed and it ended in 2010. Why no Conservative majority?

Let's look at George Osborne. At the 2007 spending review, he argued we weren't spending enough on education and it was choking off growth. He also argued in favour of *DE*regulation of the banking sector. This was the man that became chancellor in 2010. By 2012, we hit a double dip recession. Why? His coalition partners knew. The Lib Dems campaigned on a programme of 'speed kills', referring to cutting your way out. Yet they all went along with it.

You refer to the infamous Liam Byrne memo, which was a joke. The recipient David Laws has written about his guilt in it. It is standard convention for outgoing secretaries and others to leave memos like that in the office. The chancellor, Allister Darling also left a note for Osborne but 'no revolver'. You would do well to not completely remove the context from what you talk about. "

So the context is not only did Liam Byrne leave a note in bad taste, so did Baron Darling of Roulanish? Maybe he'll make a return in 2025, along with the other 'man of the people' Sir Keir, to try to make amends with 83% income tax.

 (closed, thread got too big)

Reply privately
 

By *amantMan
over a year ago

Alnmouth

Nothing to say over the Tories lack of a majority in 2010? Or the double dip recession in 2012? Maybe you've got something over our debt when the recession hit was the second lowest of any G7 country and when the election came the debt was actually going down?

What part of 'convention' do you not get? You don't think after the war no note was left for a Labour minister in 1945? Or in 1974 when Labour got back in after Heath's terrible period in office?

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)

Why do you think that the FTSE 100 price being high is good news for the UK?

You seem to have mixed me up with someone else

Clue's in the name - easily confused!

Back to this fantastic news and Michael Hewson, chief market analyst at CMC Markets, said that after years of underperformance, the FTSE closing at a record high was a significant moment for UK investors.

He added that the market could reach new peaks in the coming weeks.

'There's every reason to suppose if interest rates remain at current levels, that the FTSE 100 can push on further," he said.

The renewed momentum in markets should be welcomed by investors - including holders of pension funds "

Markets, plural.

The FTSE109 is not rising on its own. All markets are.

So, again, how does the performance of the FTSE100 reflect the strength of the UK economy as the majority of profit is made abroad and a significant proportion of the "gain" is due to the pound weakening?

https://www.bbc.co.uk/news/business-64517179.amp

"And overall, the bulk of the money earned by companies on the index comes from overseas: earnings which rise in value when the pound falls against the dollar.

In fact, look at the value of the companies on the index in dollars, and it looks a relative bargain to some investors compared with many other stock markets."

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)

Why do you think that the FTSE 100 price being high is good news for the UK?

You seem to have mixed me up with someone else

No. You posted sarcastically.

So, I'm interested to know why you think that the increase in the value of the FTSE100 really is good news for the UK."

I said the exact opposite. I even asked for some good news for a change. I even put in brackets 'If any exists'. Look on the bright side, it will probably be back down next week

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

More terrible news then. You must stop. It's only early February. Can we have more positive news please (if any exists)

Why do you think that the FTSE 100 price being high is good news for the UK?

You seem to have mixed me up with someone else

No. You posted sarcastically.

So, I'm interested to know why you think that the increase in the value of the FTSE100 really is good news for the UK.

I said the exact opposite. I even asked for some good news for a change. I even put in brackets 'If any exists'. Look on the bright side, it will probably be back down next week "

Ah. Perhaps I misinterpreted your tone over the thread.

I agree. The FTSE100 just does what it does. Up and down without much relation to what is happening in everyday lives in the UK.

 (closed, thread got too big)

Reply privately
 

By *abioMan
over a year ago

Newcastle and Gateshead


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

"

You have no clue about what you are talking about.. do you!!

Oil producers like shell and BP do all of there producing in gas and oil in US dollars… but because they are listed on the London Stock Exchange they report in pounds.. and the dollar is super strong against the pound!

 (closed, thread got too big)

Reply privately
 

By *ercuryMan
over a year ago

Grantham

Now if we could get the FTSE250 upto 23000, then that would be something worth shouting about!

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

You have no clue about what you are talking about.. do you!!

Oil producers like shell and BP do all of there producing in gas and oil in US dollars… but because they are listed on the London Stock Exchange they report in pounds.. and the dollar is super strong against the pound! "

Do you have much clue or do you just parrot left leaning doom and gloom merchants on auto pilot?

The thing is, stock markets anticipate events. The development being factored in is that the global inflation shock will not be as severe as feared, the downturn will be milder than previously expected and banks will not push interest rates as high as they have threatened. None of these things is guaranteed to happen, but markets tend not to wait for proof.

London’s lack of technology stocks has suddenly become a relative advantage. Tumbling stock prices of the likes of Amazon, Meta and Tesla through most of 2021 have bashed US indices, but the UK’s blue chippers are enjoying a moment in the sun. A 4%-ish yield on the index is not bad if interest rates aren’t going as high as previously thought.

China had reopened sending the Dax 10% higher. It's all positive stuff.

Think for yourself. It's the only act of revolution left in a collective world

 (closed, thread got too big)

Reply privately
 

By *rHotNottsMan
over a year ago

Dubai & Nottingham


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

You have no clue about what you are talking about.. do you!!

Oil producers like shell and BP do all of there producing in gas and oil in US dollars… but because they are listed on the London Stock Exchange they report in pounds.. and the dollar is super strong against the pound!

Do you have much clue or do you just parrot left leaning doom and gloom merchants on auto pilot?

The thing is, stock markets anticipate events. The development being factored in is that the global inflation shock will not be as severe as feared, the downturn will be milder than previously expected and banks will not push interest rates as high as they have threatened. None of these things is guaranteed to happen, but markets tend not to wait for proof.

London’s lack of technology stocks has suddenly become a relative advantage. Tumbling stock prices of the likes of Amazon, Meta and Tesla through most of 2021 have bashed US indices, but the UK’s blue chippers are enjoying a moment in the sun. A 4%-ish yield on the index is not bad if interest rates aren’t going as high as previously thought.

China had reopened sending the Dax 10% higher. It's all positive stuff.

Think for yourself. It's the only act of revolution left in a collective world "

Amazon and Tesla continued to grow through most of 21, I know I was trading right through covid, it was as good times

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

You have no clue about what you are talking about.. do you!!

Oil producers like shell and BP do all of there producing in gas and oil in US dollars… but because they are listed on the London Stock Exchange they report in pounds.. and the dollar is super strong against the pound!

Do you have much clue or do you just parrot left leaning doom and gloom merchants on auto pilot?

The thing is, stock markets anticipate events. The development being factored in is that the global inflation shock will not be as severe as feared, the downturn will be milder than previously expected and banks will not push interest rates as high as they have threatened. None of these things is guaranteed to happen, but markets tend not to wait for proof.

London’s lack of technology stocks has suddenly become a relative advantage. Tumbling stock prices of the likes of Amazon, Meta and Tesla through most of 2021 have bashed US indices, but the UK’s blue chippers are enjoying a moment in the sun. A 4%-ish yield on the index is not bad if interest rates aren’t going as high as previously thought.

China had reopened sending the Dax 10% higher. It's all positive stuff.

Think for yourself. It's the only act of revolution left in a collective world

Amazon and Tesla continued to grow through most of 21, I know I was trading right through covid, it was as good times "

The Amazon (NASDAQ:AMZN) stock price has fallen by about 40% since May '21.

Amazon now has the strange honour of being the first public company to lose $1trn in value.

Does this market correction make it a perfect time to add the stock to long-term portfolios?

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Breaking news : FTSE 100 hits record high. Yes, the UK’s blue-chip share index has hit an all-time high of 7,906.58.

The FTSE 100 index was up 84 points (or 1.1%) taking it above the previous record high of 7,903.50 set on 22nd May 2018.

It gained as investors hoped that the inflation shock from higher energy prices caused by Putin, may be easing and that banks may be reaching the end of a long period of interest rate rises.

The FTSE has clearly rallied in early 2023 , partly on the back of China’s decision to relax Covid-19 restrictions, which could support global growth, and the steadying hand of Rishi Sunak bringing down inflation, and presiding over record employment.

You have no clue about what you are talking about.. do you!!

Oil producers like shell and BP do all of there producing in gas and oil in US dollars… but because they are listed on the London Stock Exchange they report in pounds.. and the dollar is super strong against the pound!

Do you have much clue or do you just parrot left leaning doom and gloom merchants on auto pilot?

The thing is, stock markets anticipate events. The development being factored in is that the global inflation shock will not be as severe as feared, the downturn will be milder than previously expected and banks will not push interest rates as high as they have threatened. None of these things is guaranteed to happen, but markets tend not to wait for proof.

London’s lack of technology stocks has suddenly become a relative advantage. Tumbling stock prices of the likes of Amazon, Meta and Tesla through most of 2021 have bashed US indices, but the UK’s blue chippers are enjoying a moment in the sun. A 4%-ish yield on the index is not bad if interest rates aren’t going as high as previously thought.

China had reopened sending the Dax 10% higher. It's all positive stuff.

Think for yourself. It's the only act of revolution left in a collective world "

He does have more of a clue than you, it seems.

How does the FTSE100 index relate to the strength of the UK economy?

What part of the movement in this index has anything to do with anything that is within the control of the UK?

https://www.bbc.co.uk/news/business-64517179.amp

"And overall, the bulk of the money earned by companies on the index comes from overseas: earnings which rise in value when the pound falls against the dollar.

In fact, look at the value of the companies on the index in dollars, and it looks a relative bargain to some investors compared with many other stock markets."

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Now if we could get the FTSE250 upto 23000, then that would be something worth shouting about!"

Exactly this

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"Now if we could get the FTSE250 upto 23000, then that would be something worth shouting about!

Exactly this "

No, not exactly this. Now if he'd said 'something else to shout about' that'd be different

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Now if we could get the FTSE250 upto 23000, then that would be something worth shouting about!

Exactly this

No, not exactly this. Now if he'd said 'something else to shout about' that'd be different "

As you cannot grasp what the FTSE100 actually represents, then it's unsurprising that you don't understand what the 250 represents.

Ignorance is unfortunate but can be helped with willingness to learn.

Deliberate ignorance is insoluble.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"Now if we could get the FTSE250 upto 23000, then that would be something worth shouting about!

Exactly this

No, not exactly this. Now if he'd said 'something else to shout about' that'd be different

As you cannot grasp what the FTSE100 actually represents, then it's unsurprising that you don't understand what the 250 represents.

Ignorance is unfortunate but can be helped with willingness to learn.

Deliberate ignorance is insoluble."

I understand it fine. You again seem confused that the FTSE at an all time high is bad news only. I suggest Investing for Dummies by Tony Levene

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Now if we could get the FTSE250 upto 23000, then that would be something worth shouting about!

Exactly this

No, not exactly this. Now if he'd said 'something else to shout about' that'd be different

As you cannot grasp what the FTSE100 actually represents, then it's unsurprising that you don't understand what the 250 represents.

Ignorance is unfortunate but can be helped with willingness to learn.

Deliberate ignorance is insoluble.

I understand it fine. You again seem confused that the FTSE at an all time high is bad news only. I suggest Investing for Dummies by Tony Levene "

You are confused again, despite your self-proclaimed mastery of the language.

I never said that it was bad news. I stated that it indicates very little about the strength of the UK economy or Government policy.

That is correct, isn't it?

Do you know why strength in the FTSE 250 might be a more useful indicator?

Rises in the DAX or Dow Jones or Euronext are just as good for those invested in them.

What's actually important is what the differential is between when you invested and when you sell.

That is also true, isn't it?

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

I'm confused? You're all over the place on this! At one point, you refer to the FTSE109. You repeatedly ask 'Why is the FTSE 100 rising good for the UK?'

You really need the book!

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"I'm confused? You're all over the place on this! At one point, you refer to the FTSE109. You repeatedly ask 'Why is the FTSE 100 rising good for the UK?'

You really need the book!

"

You are always confused, it seems, Pat and really quite the pedant..

You cannot or will not respond because it renders your "argument" nonsense, so you keep deflecting.

You really believe that this "tactic" of yours isn't transparent?

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

You really believe that this "tactic" of calling me 'Pat' isn't transparent?

It's erroneous just like your views on the FTSE, due process, civil law, criminal law, climate, Brexit, the Tories etc etc. If that wasn't bad enough, your comments are peppered with poor grammar and spelling, quite the worst I've seen across quite a few forums.

Knowing this, you simply respond to views that you dislike with a series of daft questions to people.

Do you really think people don't notice this?

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"You really believe that this "tactic" of calling me 'Pat' isn't transparent?

It's erroneous just like your views on the FTSE, due process, civil law, criminal law, climate, Brexit, the Tories etc etc. If that wasn't bad enough, your comments are peppered with poor grammar and spelling, quite the worst I've seen across quite a few forums.

Knowing this, you simply respond to views that you dislike with a series of daft questions to people.

Do you really think people don't notice this? "

It's not a "tactic". You are angry Pat who tried to get me banned because you got upset.

You dwell on details of grammar and spelling in an attempt to distract and "win" something when you are unable to respond to simple, direct questions.

You do not seem to understand what you are arguing over but persist in highlighting it as some sort of a "win" against, I suppose, the "lefty cabal".

You are still unable to explain how the value of the FTSE100 relates to the success of the UK economy or Government policy.

You are still unable to explain why the value of the FTSE250 might be more pertinent.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"You really believe that this "tactic" of calling me 'Pat' isn't transparent?

It's erroneous just like your views on the FTSE, due process, civil law, criminal law, climate, Brexit, the Tories etc etc. If that wasn't bad enough, your comments are peppered with poor grammar and spelling, quite the worst I've seen across quite a few forums.

Knowing this, you simply respond to views that you dislike with a series of daft questions to people.

Do you really think people don't notice this?

It's not a "tactic". You are angry Pat who tried to get me banned because you got upset.

You dwell on details of grammar and spelling in an attempt to distract and "win" something when you are unable to respond to simple, direct questions.

You do not seem to understand what you are arguing over but persist in highlighting it as some sort of a "win" against, I suppose, the "lefty cabal".

You are still unable to explain how the value of the FTSE100 relates to the success of the UK economy or Government policy.

You are still unable to explain why the value of the FTSE250 might be more pertinent."

Pat? So juvenile and erroneous.

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"You really believe that this "tactic" of calling me 'Pat' isn't transparent?

It's erroneous just like your views on the FTSE, due process, civil law, criminal law, climate, Brexit, the Tories etc etc. If that wasn't bad enough, your comments are peppered with poor grammar and spelling, quite the worst I've seen across quite a few forums.

Knowing this, you simply respond to views that you dislike with a series of daft questions to people.

Do you really think people don't notice this?

It's not a "tactic". You are angry Pat who tried to get me banned because you got upset.

You dwell on details of grammar and spelling in an attempt to distract and "win" something when you are unable to respond to simple, direct questions.

You do not seem to understand what you are arguing over but persist in highlighting it as some sort of a "win" against, I suppose, the "lefty cabal".

You are still unable to explain how the value of the FTSE100 relates to the success of the UK economy or Government policy.

You are still unable to explain why the value of the FTSE250 might be more pertinent.

Pat? So juvenile and erroneous. "

How does the value of the FTSE100 relate to the success of the UK economy or Government policy?

Why might the value of the FTSE250 be more pertinent?

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London

The FTSE100 fell today.

Is that good or bad or pretty much meaningless?

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London

The markets do what the markets do:

"Investors removed £868m from UK funds in January, the third worst month for outflows on record, according to new data from Calastone, despite the FTSE 100 index reaching an all-time high during the month.

This is part of a long-term deterioration, with UK funds losing money for the 20th consecutive month in January. Glyn said that “political instability and a sense of unstoppable decline” were keeping investors away from the UK.

“UK equities used to be a core holding for global investors, but, dominated by a few big cyclical sectors such as oil and commodities or slow-growth giants such as banking, pharma and tobacco, they now occupy a dusty and diminished corner of these big portfolios,” he said.

January may have been a miserable month for UK funds, but it marked a rebound for global portfolios, which took in £969m."

This may be one of those "lefty" investment fund managers that Truss has been talking about.

You have to accept the reality before fixing it.

That requires a stable government of any damned colour with some sensible long-term policies not short term political sound-bites and distractions.

 (closed, thread got too big)

Reply privately
 

By *lder funCouple
over a year ago

tottenham

Means nothing to me

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago

Oh, Vienna

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

This week, the FTSE 100 crossed the 8,000-point barrier for the first time.

It shows that share prices have been rising and the index is up more than 6 per cent already this year.

Crossing 8,000 is a psychological win and means investors have come quite a way since the FTSE 100 crashed below 5,000 at the start of the pandemic.

The message the market is sending is things are getting better.

The FTSE 100 gains are good news for savers, investors and pension funds.

A total of £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, and that’s before taking into account dividend income

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"Oh, Vienna "

Ure gonna have to explain that to some younger folk

 (closed, thread got too big)

Reply privately
 

By *rDiscretionXXXMan
over a year ago

Gilfach


"Oh, Vienna"


"Ure gonna have to explain that to some younger folk "

Very subtle. The youngsters may be a sMidge confused.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"Oh, Vienna

Ure gonna have to explain that to some younger folk

Very subtle. The youngsters may be a sMidge confused."

 (closed, thread got too big)

Reply privately
 

By *queakyclean69erCouple
over a year ago

Torquay / Fleet


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

"

You might as well talk to a wall instead of dealing with the lefty socialists

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago

"It's your bloody GDP, not ours!".

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"This week, the FTSE 100 crossed the 8,000-point barrier for the first time.

It shows that share prices have been rising and the index is up more than 6 per cent already this year.

Crossing 8,000 is a psychological win and means investors have come quite a way since the FTSE 100 crashed below 5,000 at the start of the pandemic.

The message the market is sending is things are getting better.

The FTSE 100 gains are good news for savers, investors and pension funds.

A total of £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, and that’s before taking into account dividend income "

it is good news for these guys if they are taking their money out today.

My concern is it's flat on dollar terms. So how much of the growth has been from sterling weakening ... And so how much will reverse if sterling strengthens.

But it is true to say that brexit and trussnomics have helped (indirectly) the FTSE hit these heady heights.

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

You might as well talk to a wall instead of dealing with the lefty socialists "

You obviously haven’t got a clue how the FTSE works

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

You might as well talk to a wall instead of dealing with the lefty socialists "

I will take "what kwarteng said to truss after speaking with the IMF" for 100

 (closed, thread got too big)

Reply privately
 

By *rHotNottsMan
over a year ago

Dubai & Nottingham


"The FTSE 100 closed up again yesterday 0.64% at 7,844.07, within striking distance of its record high of 7,877.45 in May 2018 - will it get there next week?

You might as well talk to a wall instead of dealing with the lefty socialists

You obviously haven’t got a clue how the FTSE works "

There’s so much none sense on this thread isn’t there. Time ‘in’ the market is better that Time ‘ing’ the market.

 (closed, thread got too big)

Reply privately
 

By *eroy1000Man
over a year ago

milton keynes


"This week, the FTSE 100 crossed the 8,000-point barrier for the first time.

It shows that share prices have been rising and the index is up more than 6 per cent already this year.

Crossing 8,000 is a psychological win and means investors have come quite a way since the FTSE 100 crashed below 5,000 at the start of the pandemic.

The message the market is sending is things are getting better.

The FTSE 100 gains are good news for savers, investors and pension funds.

A total of £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, and that’s before taking into account dividend income it is good news for these guys if they are taking their money out today.

My concern is it's flat on dollar terms. So how much of the growth has been from sterling weakening ... And so how much will reverse if sterling strengthens.

But it is true to say that brexit and trussnomics have helped (indirectly) the FTSE hit these heady heights. "

Is the value of the pound the overriding factor in how the market performs? Is it possible that the pound could stay the same or increase but at the same time the market also increases? I'm assuming natural inflation will drive it up over time as well as the pound changing value. I say this, as if you go back say 10 years the market was far lower yet the pound to dollar rate far stronger

 (closed, thread got too big)

Reply privately
 

By *abioMan
over a year ago

Newcastle and Gateshead


"This week, the FTSE 100 crossed the 8,000-point barrier for the first time.

It shows that share prices have been rising and the index is up more than 6 per cent already this year.

Crossing 8,000 is a psychological win and means investors have come quite a way since the FTSE 100 crashed below 5,000 at the start of the pandemic.

The message the market is sending is things are getting better.

The FTSE 100 gains are good news for savers, investors and pension funds.

A total of £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, and that’s before taking into account dividend income "

The reason why people mention the FTSE 250 rather than the FTSE 100 … is that the 100 is basically full of multinationals who just happen to have been listed in London but do the majority of their business overseas! So therefore if the are doing business in US dollars and the pound is weak, the profits are inflated because of the exchange rates

The FTSE 250 as it’s name suggests actually is a better indicator as it covers more companies who happen to be UK based and excludes the biggest multinationals in the 100

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"This week, the FTSE 100 crossed the 8,000-point barrier for the first time.

It shows that share prices have been rising and the index is up more than 6 per cent already this year.

Crossing 8,000 is a psychological win and means investors have come quite a way since the FTSE 100 crashed below 5,000 at the start of the pandemic.

The message the market is sending is things are getting better.

The FTSE 100 gains are good news for savers, investors and pension funds.

A total of £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, and that’s before taking into account dividend income it is good news for these guys if they are taking their money out today.

My concern is it's flat on dollar terms. So how much of the growth has been from sterling weakening ... And so how much will reverse if sterling strengthens.

But it is true to say that brexit and trussnomics have helped (indirectly) the FTSE hit these heady heights.

Is the value of the pound the overriding factor in how the market performs? Is it possible that the pound could stay the same or increase but at the same time the market also increases? I'm assuming natural inflation will drive it up over time as well as the pound changing value. I say this, as if you go back say 10 years the market was far lower yet the pound to dollar rate far stronger"

of course all that stuff can happen. The reason ppl invest is because they believe the market will grow.

But I believ that this is currency.

The s&p has also gone up around 22pc in the last two years when measured in gbp. We dont heat about that as the market measure s&p in dollars.

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"This week, the FTSE 100 crossed the 8,000-point barrier for the first time.

It shows that share prices have been rising and the index is up more than 6 per cent already this year.

Crossing 8,000 is a psychological win and means investors have come quite a way since the FTSE 100 crashed below 5,000 at the start of the pandemic.

The message the market is sending is things are getting better.

The FTSE 100 gains are good news for savers, investors and pension funds.

A total of £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, and that’s before taking into account dividend income

The reason why people mention the FTSE 250 rather than the FTSE 100 … is that the 100 is basically full of multinationals who just happen to have been listed in London but do the majority of their business overseas! So therefore if the are doing business in US dollars and the pound is weak, the profits are inflated because of the exchange rates

The FTSE 250 as it’s name suggests actually is a better indicator as it covers more companies who happen to be UK based and excludes the biggest multinationals in the 100"

The FTSE 250 is a better indicator of what? It isn't a better indicator of how £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, which is good for investors and pensions - which was the main point of the post. It seems impossible for many mood hoovers on here to find any good news in anything these days even when it's staring them in the face. Inflation is falling, better mortgage deals emerging all the time, record low unemployment and record high employment with record Govt financial assistance from March 2020 onwards. Of course there are areas for improvement, but there always was. And there will be many more if the electorate place Corbyn-supporting Starmer in number 10

 (closed, thread got too big)

Reply privately
 

By *queakyclean69erCouple
over a year ago

Torquay / Fleet


"I'm confused? You're all over the place on this! At one point, you refer to the FTSE109. You repeatedly ask 'Why is the FTSE 100 rising good for the UK?'

You really need the book!

"

He needs more than a book...

 (closed, thread got too big)

Reply privately
 

By *ivers and MountainsMan
over a year ago

London

Even more good news. The upward trend continues. Yesterday despite dropping 8.17 points it is sill above the 8000 barrier at 8004.36. Great news for ordinary working people, those who save for pensions and charities and welfare organisations who are dependent on investment income to fund their help to the poor and needy . The only people who will be disappointed are the merchants of doom and gloom who constantly seek to find fault with their country and its economic policies. Luckily it is a lot better to participate in the countries economic success and to help others, especially the less well off .

 (closed, thread got too big)

Reply privately
 

By *ohnnyTwoNotesMan
over a year ago

golden fields


"Even more good news. The upward trend continues. Yesterday despite dropping 8.17 points it is sill above the 8000 barrier at 8004.36. Great news for ordinary working people, those who save for pensions and charities and welfare organisations who are dependent on investment income to fund their help to the poor and needy . The only people who will be disappointed are the merchants of doom and gloom who constantly seek to find fault with their country and its economic policies. Luckily it is a lot better to participate in the countries economic success and to help others, especially the less well off . "

Welcome back!

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"Even more good news. The upward trend continues. Yesterday despite dropping 8.17 points it is sill above the 8000 barrier at 8004.36. Great news for ordinary working people, those who save for pensions and charities and welfare organisations who are dependent on investment income to fund their help to the poor and needy . The only people who will be disappointed are the merchants of doom and gloom who constantly seek to find fault with their country and its economic policies. Luckily it is a lot better to participate in the countries economic success and to help others, especially the less well off . "

Ah, Pat version what?

What percentage of UK pension and insurance companies' assets are invested in the FTSE100? Do you know?

How does the FTSE100 reflect "the countries economic success" if the majority of earnings are from outside the UK?

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"Even more good news. The upward trend continues. Yesterday despite dropping 8.17 points it is sill above the 8000 barrier at 8004.36. Great news for ordinary working people, those who save for pensions and charities and welfare organisations who are dependent on investment income to fund their help to the poor and needy . The only people who will be disappointed are the merchants of doom and gloom who constantly seek to find fault with their country and its economic policies. Luckily it is a lot better to participate in the countries economic success and to help others, especially the less well off . "

Inflation at a 40 year high

Living standards at a 40 year low

 (closed, thread got too big)

Reply privately
 

By *asyukMan
over a year ago

West London


"This week, the FTSE 100 crossed the 8,000-point barrier for the first time.

It shows that share prices have been rising and the index is up more than 6 per cent already this year.

Crossing 8,000 is a psychological win and means investors have come quite a way since the FTSE 100 crashed below 5,000 at the start of the pandemic.

The message the market is sending is things are getting better.

The FTSE 100 gains are good news for savers, investors and pension funds.

A total of £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, and that’s before taking into account dividend income

The reason why people mention the FTSE 250 rather than the FTSE 100 … is that the 100 is basically full of multinationals who just happen to have been listed in London but do the majority of their business overseas! So therefore if the are doing business in US dollars and the pound is weak, the profits are inflated because of the exchange rates

The FTSE 250 as it’s name suggests actually is a better indicator as it covers more companies who happen to be UK based and excludes the biggest multinationals in the 100

The FTSE 250 is a better indicator of what? It isn't a better indicator of how £10,000 invested in the FTSE 100 in January 2021 would have grown to around £12,129 today, which is good for investors and pensions - which was the main point of the post. It seems impossible for many mood hoovers on here to find any good news in anything these days even when it's staring them in the face. Inflation is falling, better mortgage deals emerging all the time, record low unemployment and record high employment with record Govt financial assistance from March 2020 onwards. Of course there are areas for improvement, but there always was. And there will be many more if the electorate place Corbyn-supporting Starmer in number 10 "

https://www.ft.com/content/d5b8abf7-cbcc-45e6-9f43-5b0260d995c4

"UK pension fund and insurance company ownership of UK-listed companies had fallen from 52 per cent to just over 4 per cent between 1990 and 2020, it said, while international ownership had risen from 12 per cent to 56 per cent."

"UK savers withdrew a further £10.8bn from funds investing in UK equities, making 2022 the biggest year of outflows in a decade, according to data from the Investment Association."

https://www.ftadviser.com/investments/2023/01/25/why-is-the-ftse-100-performing-so-well/?saveConsentPreferences=success

"Around three-quarters of the earnings of the UK’s large-cap index come from overseas, meaning the index generally performs in a way not especially linked to the performance of the domestic economy."

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich

The domestic economy improving - today's news is that house prices are holding steady. The FTSE 100 holding up at 8013

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago

Inflation at a 40 year high

Living standards at a 40 year low

 (closed, thread got too big)

Reply privately
 

By *heshbifellaMan
over a year ago

Nantwich


"Inflation at a 40 year high

Living standards at a 40 year low "

Why the thumbs up?!

The former is falling and the latter are still so high, the UK remains an extremely desirable and attractive place to live. I mean, you're still here

 (closed, thread got too big)

Reply privately
 

By (user no longer on site)
over a year ago


"Inflation at a 40 year high

Living standards at a 40 year low

Why the thumbs up?!

The former is falling and the latter are still so high, the UK remains an extremely desirable and attractive place to live. I mean, you're still here "

Inflation at a 40 year high

Living standards at a 40 year low

These are facts, the irrelevant ‘success’ off the FTSE 100 does not interest the average working person in the UK

 (closed, thread got too big)

Reply privately
 

By *irldnCouple
over a year ago

Brighton


"Inflation at a 40 year high

Living standards at a 40 year low

Why the thumbs up?!

The former is falling and the latter are still so high, the UK remains an extremely desirable and attractive place to live. I mean, you're still here "

I admit I may have this wrong but unless we experience deflation then surely prices having gone up due to inflation will stay high right?

So if something a year ago cost £1 and inflation is 10% then it now costs £1.10. If inflation then drops to the desired 2% then that thing now costs £1.12. So not really anything to shout about unless over that period you got, for example, a 13% pay rise because you are no better off!

 (closed, thread got too big)

Reply privately
 
 

By *heshbifellaMan
over a year ago

Nantwich


"Inflation at a 40 year high

Living standards at a 40 year low

Why the thumbs up?!

The former is falling and the latter are still so high, the UK remains an extremely desirable and attractive place to live. I mean, you're still here

I admit I may have this wrong but unless we experience deflation then surely prices having gone up due to inflation will stay high right?

So if something a year ago cost £1 and inflation is 10% then it now costs £1.10. If inflation then drops to the desired 2% then that thing now costs £1.12. So not really anything to shout about unless over that period you got, for example, a 13% pay rise because you are no better off!"

Core inflation – which excludes food and energy dropped from 6.3% to 5.8%.

If you choose to drink and smoke, your personal inflation rate will be much higher than 5.8%.

Some items are falling in price : camping goods, HiFi equipment, software, ebooks.

The exogenous events of the Ukraine war and covid exert strong inflationary pressure on all global economies but Rishi is doing a lot by way of support.

Tesco has just given 7% pay rise and so non smokers and light drinkers who read e books on camping trips will be doing well

I jest, but you get the point

 (closed, thread got too big)

Reply privately
back to top