Daggers Posted 25 September 2022 Share Posted 25 September 2022 8 hours ago, Smudge said: That is truly sickening. My pension is paid in pounds and I have to exchange it to pay the bills, A few weeks ago it was about $1.33 now it's $1.08 On a £1000 that is a $250 a month drop in income or $3 grand a year in an inflating economy. If that's the way the cookie crumbles so be it but knowing that banker/finacial dealers are betting against the pound makes my blood boil But at least they’ll be paying a top rate of tax on those amoral earnin…oh…****. Link to comment Share on other sites More sharing options...
Popular Post Daggers Posted 25 September 2022 Popular Post Share Posted 25 September 2022 1 hour ago, Jon the Hat said: On doing some more reading it seems they are also freezing the tax thresholds, so literally no one earning under 155k is better off. This is indefensible in this environment. It’s also stupid. Why make all this noise if you aren’t going to help? I really don’t understand what they are thinking. Welcome to our world. You can stop being a human shield now. 10 1 Link to comment Share on other sites More sharing options...
st albans fox Posted 25 September 2022 Share Posted 25 September 2022 8 hours ago, Daggers said: https://www.thetimes.co.uk/article/biscotti-mini-budget-exposes-gulf-between-liz-truss-and-keir-starmer-and-more-tax-cuts-are-on-the-cards-j2mj5zncs it was pretty clear that the pound would drop ahead of the announcements. And it did through the week (also on the back of the interest rate rise being 0.5% compared to 0.75% in the states) - but no one could have imagined just how much they would do and how far it would fall as a consequence- hence these hedge funds did the right thing to short stg over the week but the idea that they’ve been given inside info to make a fortune doesn’t have evidence. They made way more than they expected but lots of businesses would have bought dollars early in the week rather than waiting till Friday. 1 Link to comment Share on other sites More sharing options...
Daggers Posted 25 September 2022 Share Posted 25 September 2022 1 minute ago, st albans fox said: it was pretty clear that the pound would drop ahead of the announcements. And it did through the week (also on the back of the interest rate rise being 0.5% compared to 0.75% in the states) - but no one could have imagined just how much they would do and how far it would fall as a consequence- hence these hedge funds did the right thing to short stg over the week but the idea that they’ve been given inside info to make a fortune doesn’t have evidence. They made way more than they expected but lots of businesses would have bought dollars early in the week rather than waiting till Friday. I disagree, but that’s the last thing I’m going to get into an argument over as it’s just opinion. Link to comment Share on other sites More sharing options...
Dahnsouff Posted 25 September 2022 Share Posted 25 September 2022 6 hours ago, ozleicester said: Unless the labour party (when elected) make some REAL changes... the UK really is at risk of collapse. Brief history lesson. In 2007 the UK had a Labour government, food banks hadn't been invented and the pound was worth 2 dollars. Good idea, let’s get the Whig party back in and reclaim the Empire. Link to comment Share on other sites More sharing options...
Fazzer 7 Posted 25 September 2022 Share Posted 25 September 2022 2 hours ago, Jon the Hat said: You don’t pay basic rate tax? Agree though it doesn’t do nearly enough for the majority, struggling or not. I heard some commentary yesterday suggesting that the Tories are shifting the game to the right so Labour cannot shift it back far enough when they come into government. Makes some sense - I don’t hear Starmer telling us he would reinstate any of these taxes. No, took early retirement. Live off investment income which has taken a pounding lately. Link to comment Share on other sites More sharing options...
Popular Post foxile5 Posted 25 September 2022 Popular Post Share Posted 25 September 2022 The British public are in no way angry enough about this. We're just a nation of weak boweled supplicants. 8 1 Link to comment Share on other sites More sharing options...
Daggers Posted 25 September 2022 Share Posted 25 September 2022 It is completely unprecedented that the Tory party has pushed groups like the RSPB onto a war footing Anybody left who’d still vote for them is either dangerously ****ing stupid or just plain ****ing evil. 3 1 4 Link to comment Share on other sites More sharing options...
Free Falling Foxes Posted 25 September 2022 Share Posted 25 September 2022 10 minutes ago, Daggers said: It is completely unprecedented that the Tory party has pushed groups like the RSPB onto a war footing Anybody left who’d still vote for them is either dangerously ****ing stupid or just plain ****ing evil. Gosh! I'm bloody angry. It's like we have been infiltrated by a foreign, subversive government out to destroy much of what we hold dear. Please tell me that tweet is from a spoof account and is a wind up? Link to comment Share on other sites More sharing options...
Daggers Posted 25 September 2022 Share Posted 25 September 2022 3 1 Link to comment Share on other sites More sharing options...
st albans fox Posted 25 September 2022 Share Posted 25 September 2022 54 minutes ago, foxile5 said: The British public are in no way angry enough about this. We're just a nation of weak boweled supplicants. Seriously mate - let me make a cuppa first … ………. Link to comment Share on other sites More sharing options...
Fazzer 7 Posted 25 September 2022 Share Posted 25 September 2022 We’re buggered. Tories want to cover the countryside in houses. Labour want to cover it in solar panels and wind turbines. 1 Link to comment Share on other sites More sharing options...
Popular Post Daggers Posted 25 September 2022 Popular Post Share Posted 25 September 2022 2 minutes ago, Fazzer 7 said: We’re buggered. Tories want to cover the countryside in houses. Labour want to cover it in solar panels and wind turbines. It takes a special talent to post as though you were 16 and completely clueless about the workings of the world, but you really pull it off with aplomb. Well done, I’m impressed. 2 3 7 Link to comment Share on other sites More sharing options...
Sampson Posted 25 September 2022 Share Posted 25 September 2022 6 minutes ago, Daggers said: It takes a special talent to post as though you were 16 and completely clueless about the workings of the world, but you really pull it off with aplomb. Well done, I’m impressed. It’s literally all the Tory voters have left, the “well the opposition is useless too” card. They can’t even bring themselves to praise their own party so can only say Labour are just as crap too, It’s desperate stuff. They know the Tories are ****ed next election and are polling so bad they could well be out of power for a decade or even a generation. 1 1 Link to comment Share on other sites More sharing options...
LVFox Posted 25 September 2022 Share Posted 25 September 2022 Not Starmers biggest fan, but impressed by his announcements today. A lot bolder than I’d imagined. Almost like the Tory shitshow has given him a real boost to be more ambitious 2 Link to comment Share on other sites More sharing options...
Legend_in_blue Posted 25 September 2022 Share Posted 25 September 2022 (edited) Starmer comes across well again this morning on TV. The new chancellor on the other hand was a disaster. Edited 25 September 2022 by Legend_in_blue 2 Link to comment Share on other sites More sharing options...
Popular Post leicsmac Posted 25 September 2022 Popular Post Share Posted 25 September 2022 32 minutes ago, Sampson said: It’s literally all the Tory voters have left, the “well the opposition is useless too” card. They can’t even bring themselves to praise their own party so can only say Labour are just as crap too, It’s desperate stuff. They know the Tories are ****ed next election and are polling so bad they could well be out of power for a decade or even a generation. ...and as if generating renewable energy through wind turbines and solar panels in order to prevent the greatest crisis the human race has seen since the Toba supervolcanic eruption 74,000 years ago is somehow as bad as building more houses on green belt land. 5 Link to comment Share on other sites More sharing options...
Mickyblueeyes Posted 25 September 2022 Share Posted 25 September 2022 The 45% tax rate Starmer wants to reintroduce isnt a fair rate. Ridiculous amount. Link to comment Share on other sites More sharing options...
Popular Post BenTheFox Posted 25 September 2022 Popular Post Share Posted 25 September 2022 10 hours ago, urban.spaceman said: I truly loathe this ****. I really do. Fully responsible for this government through his own hubris and complete failure to learn a ****ing thing about the electorate after 40 years on the job. **** **** **** The cult that surrounds him as well. Reading comments like 'Starmer is turning Labour into the BNP'. I mean, really? Labour have had an issue with connecting with their traditional voters in part because they have been perceived to be unpatriotic or 'anti-British'. I actually think that Corbyn had some valid points in terms of wealth distribution and ownership of public services, but culturally Labour have been so far left of the where the country is for so long. I would much rather have a Labour government than a Conservative government and if Labour have to be lean slightly right on identity and culture to appeal to voters that they had previously lost then so be it! 7 Link to comment Share on other sites More sharing options...
Dunge Posted 25 September 2022 Share Posted 25 September 2022 1 hour ago, LVocey said: Not Starmers biggest fan, but impressed by his announcements today. A lot bolder than I’d imagined. Almost like the Tory shitshow has given him a real boost to be more ambitious He can change tactics now. Boris’s government was populist, and would have hoovered up any idea that looked popular, rebranded it and claimed it as their own, while any idea that looked unpopular would have been thrown back at Starmer. Truss’s government is different, far more ideological. They won’t accept a Labour idea even if it’s popular, so Starmer is freer to actually put some policies out there. Link to comment Share on other sites More sharing options...
Spiritwalker Posted 25 September 2022 Share Posted 25 September 2022 23 hours ago, urban.spaceman said: Trickle down economics is a myth that was busted years ago. When the President of the world’s largest capitalist country is telling you that trickle down economics doesn’t work you really should be taking notice. Link to comment Share on other sites More sharing options...
ozleicester Posted 25 September 2022 Share Posted 25 September 2022 1 hour ago, Mickyblueeyes said: The 45% tax rate Starmer wants to reintroduce isnt a fair rate. Ridiculous amount. 1 Link to comment Share on other sites More sharing options...
Dahnsouff Posted 25 September 2022 Share Posted 25 September 2022 Sorry, but what is that supposed to show? We tax the richest at the joint highest level in Europe? Link to comment Share on other sites More sharing options...
ozleicester Posted 25 September 2022 Share Posted 25 September 2022 Link to comment Share on other sites More sharing options...
Dahnsouff Posted 25 September 2022 Share Posted 25 September 2022 Too busy posting pictures to engage @ozleicester? Link to comment Share on other sites More sharing options...
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