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"Starmer needs to pick the timing of Reeves exit carefully, this will be the decision that will either make or break him. " He has repeatedly supported and backed Reeves up. He also gave a pre budget speech as a warning. Struggling with how he can distance himself from this. Reeves and no new homes Rayner have been abysmal | |||
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"Starmer needs to pick the timing of Reeves exit carefully, this will be the decision that will either make or break him. He has repeatedly supported and backed Reeves up. He also gave a pre budget speech as a warning. Struggling with how he can distance himself from this. Reeves and no new homes Rayner have been abysmal " Football club chairmen usually give their 100% support to the under fire manager. The day before they sack him.  | |||
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"Hardly a surprise. When you force businesses to increase prices it’s kinda logical that prices will increase. Or was putting businesses out of business their goal so they all go work in the care sector? Either way, the rate is likely to increase slightly next month and then probably plateau around this level " Which I guess means long awaited interest rate falls will take longer, delaying business investment and slower pickup of the housing market. The build and sale of Rayners 1.5 million new homes relies on falling interest rates. | |||
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"Hardly a surprise. When you force businesses to increase prices it’s kinda logical that prices will increase. Or was putting businesses out of business their goal so they all go work in the care sector? Either way, the rate is likely to increase slightly next month and then probably plateau around this level Which I guess means long awaited interest rate falls will take longer, delaying business investment and slower pickup of the housing market. The build and sale of Rayners 1.5 million new homes relies on falling interest rates. " Rayners homes are all going to illegal migrants so they can say they have saved billions on hotel costs, while spending billions on renting houses | |||
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"April CPI up to 3.5%. Highest since early 2024. Economists blame the surge on increases in energy costs (whatever happened to that £300 off my energy bill) and Labour business tax rises being passed on to consumers. So much for lots of free stuff under Labour. Economists now querying whether interest rates will come down further, keeping borrowing and mortgage rates higher. Effects of Reeves’ disastrous October budget making their way through the system." Did you just read the headline or did you go into the report… because the report is way more interesting You talk about energy costs… actually half right… electricity went up, it was more water bills (up approx 25%) fuel stayed roughly level, food went up, clothes went up, airlines fares went up ect… Then you have quirky stuff… for example Easter was early last year, so it was accounted for in the March figures.. with it being late this year it gets accounted for in the April figure… | |||
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"Starmer needs to pick the timing of Reeves exit carefully, this will be the decision that will either make or break him. He has repeatedly supported and backed Reeves up. He also gave a pre budget speech as a warning. Struggling with how he can distance himself from this. Reeves and no new homes Rayner have been abysmal " He also fully supported Reeves over the winter fuel allowance for pensioners and its come back to bite him. If she doesn't have success soon on the economy I'm not sure he can politically afford to keep her | |||
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"Hardly a surprise. When you force businesses to increase prices it’s kinda logical that prices will increase. Or was putting businesses out of business their goal so they all go work in the care sector? Either way, the rate is likely to increase slightly next month and then probably plateau around this level Which I guess means long awaited interest rate falls will take longer, delaying business investment and slower pickup of the housing market. The build and sale of Rayners 1.5 million new homes relies on falling interest rates. Rayners homes are all going to illegal migrants so they can say they have saved billions on hotel costs, while spending billions on renting houses " The ginger spunk trumpet loves spending other people's money. | |||
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"April CPI up to 3.5%. Highest since early 2024. Economists blame the surge on increases in energy costs (whatever happened to that £300 off my energy bill) and Labour business tax rises being passed on to consumers. So much for lots of free stuff under Labour. Economists now querying whether interest rates will come down further, keeping borrowing and mortgage rates higher. Effects of Reeves’ disastrous October budget making their way through the system. Did you just read the headline or did you go into the report… because the report is way more interesting You talk about energy costs… actually half right… electricity went up, it was more water bills (up approx 25%) fuel stayed roughly level, food went up, clothes went up, airlines fares went up ect… Then you have quirky stuff… for example Easter was early last year, so it was accounted for in the March figures.. with it being late this year it gets accounted for in the April figure… " Your intellect is wasted on here as the forum is dominated by right wing whingers who are incapable of rational debate. The massive increases in water bills can hardly be laid at Labour's door, and the drop in energy prices in April 2024 amplifies the small quarter on quarter rise which has just occured. Whilst the usual headless chickens on here cluck their amazement at today's figures, they were fully expected by the BoE and those who understand economics. Also minimum wage, State Pension and Public Sector pay all increased above inflation, three trade deals, the highest growth in the G7, three airport expansions supported, the Lower Thames Crossing approved, numerous green energy projects unlocked and a major new theme park. All from a government which allegedly had no plan.  | |||
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"April CPI up to 3.5%. Highest since early 2024. Economists blame the surge on increases in energy costs (whatever happened to that £300 off my energy bill) and Labour business tax rises being passed on to consumers. So much for lots of free stuff under Labour. Economists now querying whether interest rates will come down further, keeping borrowing and mortgage rates higher. Effects of Reeves’ disastrous October budget making their way through the system. Did you just read the headline or did you go into the report… because the report is way more interesting You talk about energy costs… actually half right… electricity went up, it was more water bills (up approx 25%) fuel stayed roughly level, food went up, clothes went up, airlines fares went up ect… Then you have quirky stuff… for example Easter was early last year, so it was accounted for in the March figures.. with it being late this year it gets accounted for in the April figure… Your intellect is wasted on here as the forum is dominated by right wing whingers who are incapable of rational debate. The massive increases in water bills can hardly be laid at Labour's door, and the drop in energy prices in April 2024 amplifies the small quarter on quarter rise which has just occured. Whilst the usual headless chickens on here cluck their amazement at today's figures, they were fully expected by the BoE and those who understand economics. Also minimum wage, State Pension and Public Sector pay all increased above inflation, three trade deals, the highest growth in the G7, three airport expansions supported, the Lower Thames Crossing approved, numerous green energy projects unlocked and a major new theme park. All from a government which allegedly had no plan. "Bad news: it’s the fault of the Tories. Good news: Reeves is a genius. Amazing. The inflation figures were above expectations. I’m prepared to eat my hat if the Bank of England’s forecasts under this Labour government are right. Isn’t the Bank of England supposed to keep inflation at 2%? So it seems a little self serving of it to forecast that inflation will return to 2% in due course. It’s not likely to forecast that it can’t do its own job. Why is public sector pay rising above inflation good news? That is inflationary in itself, and which taxes will Labour be raising later this year to pay for it? Maybe you need to buy an economics textbook. Any idiot can enter into a trade deal on negative terms. Airport expansion: destroying the planet. How does this fit with Labour's net zero agenda? Lower Thames Crossing. Been going on since 2009. So difficult to see how Labour can claim any credit. It’s also going to destroy more countryside. Not very green. Universal bought the land for its Bedford theme park in 2023. So difficult to see how Labour can claim any credit. “Energy projects unlocked” = wasting taxpayers money on pointless crap that won’t achieve anything. I guess some more publicly funded workers will get some cash for a decade and will be able to afford to visit the theme park at everyone else’s expense. | |||
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"I still don’t see what’s wrong with a means-tested winter fuel allowance." In principle there's nothing wrong with it. In practice, as you've suggested, it'll cost more to implement than will be saved. The real problem is that it looks petty. The Labour party is supposed to be the guardian of the common man, but here they are cutting benefits to some of the most vulnerable in our society. And they've given up the moral high ground. After years of claiming that the Tories were heartless uncaring monsters for taking money off the needy, here are Labour doing exactly the same thing, just so that they can stick to some arbitrary fiscal rules. In the next several general election campaigns you'll hear plenty of politicians saying "you can't trust Labour, they even took money off freezing pensioners", and that will work to sway votes away from them. | |||
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"April CPI up to 3.5%. Highest since early 2024. Economists blame the surge on increases in energy costs (whatever happened to that £300 off my energy bill) and Labour business tax rises being passed on to consumers. So much for lots of free stuff under Labour. Economists now querying whether interest rates will come down further, keeping borrowing and mortgage rates higher. Effects of Reeves’ disastrous October budget making their way through the system. Did you just read the headline or did you go into the report… because the report is way more interesting You talk about energy costs… actually half right… electricity went up, it was more water bills (up approx 25%) fuel stayed roughly level, food went up, clothes went up, airlines fares went up ect… Then you have quirky stuff… for example Easter was early last year, so it was accounted for in the March figures.. with it being late this year it gets accounted for in the April figure… Your intellect is wasted on here as the forum is dominated by right wing whingers who are incapable of rational debate. The massive increases in water bills can hardly be laid at Labour's door, and the drop in energy prices in April 2024 amplifies the small quarter on quarter rise which has just occured. Whilst the usual headless chickens on here cluck their amazement at today's figures, they were fully expected by the BoE and those who understand economics. Also minimum wage, State Pension and Public Sector pay all increased above inflation, three trade deals, the highest growth in the G7, three airport expansions supported, the Lower Thames Crossing approved, numerous green energy projects unlocked and a major new theme park. All from a government which allegedly had no plan. "That's 3 SHITE trade deals, rising inflation, record immigration levels, nothing happening on the coalition of the willing because sks is desperately hoping trump will do it for him, a foreign secretary taking taxis for hundreds of miles, public sector strikes on the horizon, nothing on social care for another couple of years pending yet another review, a backtrack on winter fuel payments pending, a chancellor that's coming back for a second time to increase taxes despite promises to the contrary and all from a party that was ready to hit the ground running from day one....easy isn't it | |||
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"I still don’t see what’s wrong with a means-tested winter fuel allowance. In principle there's nothing wrong with it. In practice, as you've suggested, it'll cost more to implement than will be saved. The real problem is that it looks petty. The Labour party is supposed to be the guardian of the common man, but here they are cutting benefits to some of the most vulnerable in our society. And they've given up the moral high ground. After years of claiming that the Tories were heartless uncaring monsters for taking money off the needy, here are Labour doing exactly the same thing, just so that they can stick to some arbitrary fiscal rules. In the next several general election campaigns you'll hear plenty of politicians saying "you can't trust Labour, they even took money off freezing pensioners", and that will work to sway votes away from them." Except that they are not some of the most vulnerable, at least financially, if the means-testing is working as it should. | |||
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