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 Post subject: Monday 29th October 2018
PostPosted: Mon 29 Oct, 2018 7:03 am 
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PostPosted: Mon 29 Oct, 2018 7:27 am 
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https://www.theguardian.com/society/201 ... ndon-soars

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PostPosted: Mon 29 Oct, 2018 7:28 am 
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https://www.theguardian.com/uk-news/201 ... -in-budget

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PostPosted: Mon 29 Oct, 2018 10:06 am 
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Brazil has gone outright fascist, that outshines even the Budget for me.


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PostPosted: Mon 29 Oct, 2018 12:16 pm 
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It's a long time since there's been a Budget that inspired much interest in me, but I'd rather talk about that than Brazil, which is proper scary stuff.

Quote:
It is also assumed that, in the event of a no deal Brexit, Hammond would want to use extra borrowing (or his “fiscal firepower”, as he has described it) to slash taxes to avert a recession, and that increasing departmental spending might take less of a priority.

That is my assumption also, that he'd get it the wrong way round. After 8 years, the tories still won't admit that slashing taxes* is the wrong response and increased public spending is the right one, if boosting growth is the objective.


* with the occasional exception of cutting VAT, which can be the right response but is a foreign concept anyway, to a tory chancellor.

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PostPosted: Mon 29 Oct, 2018 12:17 pm 
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Morning.

I see Chloe "Degree in Philosophy" Westley is posting simplistic tosh again...

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chloe westley
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Labour complain about corporation tax cuts...but corporation tax receipts have gone up by a quarter in real terms after rates came down from 28 per cent in 2010 to 19 per cent now. Pro-business policies = more money for public services.

4:17 AM - 29 Oct 2018


:roll:

I would ask her to explain the correlation between business profits, the wider economic circumstances in 2010, and CT rates but she wouldn't be able to answer so won't bother.

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PostPosted: Mon 29 Oct, 2018 12:46 pm 
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Best wishes to all Leicester City fans right now, this is something that supporters of certain other clubs can relate to all too well.


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PostPosted: Mon 29 Oct, 2018 2:14 pm 
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Quote:
Fracking halted at Lancashire site for third time after biggest earth tremor yet (Independent)


https://www.independent.co.uk/news/uk/home-news/fracking-lancashire-earth-tremor-preston-new-road-cuadrilla-earthquake-a8606821.html


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PostPosted: Mon 29 Oct, 2018 2:24 pm 
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Quote:
Labour’s shadow chancellor, John McDonnell, has seized on the apparent disagreement between Theresa May and Philip Hammond over whether today’s budget will need rewriting if Britain doesn’t agree a Brexit deal with the EU.

McDonnell tweeted:

“What is going on? The PM and The Chancellor contradicting each other. On the day of the budget. We’ve never seen anything like this.” (Politics Live, Guardian)


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PostPosted: Mon 29 Oct, 2018 3:58 pm 
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All a bit low key so far.

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PostPosted: Mon 29 Oct, 2018 4:10 pm 
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Pothole money pretty obvious attempt to paper over ever growing local council funding gap. Small beans.

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PostPosted: Mon 29 Oct, 2018 4:12 pm 
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Sucking up to the Americans. US passports to use e-gates.

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PostPosted: Mon 29 Oct, 2018 4:15 pm 
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A new low from Sarahs Sands and Montague on WatO at midday .

They had on TWO Tory economists who had been advisers to Osborne.

We had the standard accusation of “Marxism” and the BORROWING of a TRILLION POUNDS .

Which Hammond just repeated in his speech .

Of course :-)


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PostPosted: Mon 29 Oct, 2018 4:25 pm 
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Rejuvenating high streets.

Business rates being cut.

Effect on council income?

Nothing on getting online retailers to pay more, the other obvious way of levelling the playing field.

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Last edited by Willow904 on Mon 29 Oct, 2018 4:47 pm, edited 1 time in total.

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PostPosted: Mon 29 Oct, 2018 4:26 pm 
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Some common sense, for a Tory, on PFI —

” Hammond says he has never signed a PFI contract and he rules out ever doing so in future.

He says McDonnell lists fomenting the overthrow of capitalism as his pastime. He says his is reinvigorating it. ”

Does anyone think that calling for the ” overthrow of capitalism” is an election-winner ?


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PostPosted: Mon 29 Oct, 2018 4:30 pm 
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They think they are getting one over on Labour with the PFI thing, hoping nobody will notice the *present* leadership have long been advocating this.


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PostPosted: Mon 29 Oct, 2018 4:31 pm 
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He hasn't ruled out public/private partnerships, though.

The Tories invented PFIs after all, inventing something even more efficient at transferring public money to the private sector is well within their skill set.

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PostPosted: Mon 29 Oct, 2018 4:36 pm 
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frog222 wrote:
A new low from Sarahs Sands and Montague on WatO at midday


Not even the worst from the Beeb today - that is the BBC Monitoring tweet on Bolsonaro. I am utterly, genuinely, lost for words.


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PostPosted: Mon 29 Oct, 2018 4:39 pm 
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No PFI's under way at the moment anyway, but PPP's just as dodgy.

https://twitter.com/labourwhips/status/ ... 8897594368

@labourwhips
Chancellor of the Exchequer clearly so concerned about his budget statement falling apart that he’s broken the ministerial code by failing to provide even a heavily redacted version as required

4:28 PM - Oct 29, 2018


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PostPosted: Mon 29 Oct, 2018 4:40 pm 
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Duty on beer and spirits frozen.....but not wine.

Clear bias towards men who drink more beer over women who favour wine. ;)

(Or, perhaps more likely, a bias against "forrin" stuff, who knows).

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Last edited by Willow904 on Mon 29 Oct, 2018 4:40 pm, edited 1 time in total.

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PostPosted: Mon 29 Oct, 2018 4:40 pm 
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AnatolyKasparov wrote:
frog222 wrote:
A new low from Sarahs Sands and Montague on WatO at midday

Not even the worst from the Beeb today - that is the BBC Monitoring tweet on Bolsonaro. I am utterly, genuinely, lost for words.

Tell ALL ! :-)


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PostPosted: Mon 29 Oct, 2018 4:46 pm 
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The kids have kicked the Chancellor off the telly in favour of Dr Who.

I'm now reliant on Andrew Sparrow for the "highlights"*



*if any should eventually emerge, that is.

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PostPosted: Mon 29 Oct, 2018 4:53 pm 
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Quote:
Hammond spends £1.7bn making universal credit more generous


More generous? More generous than what? If UC work allowances were made less generous than legacy benefits by Osborne, is this new money or is it just money that won't be saved when current claimants are moved across? I'll have to check.

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PostPosted: Mon 29 Oct, 2018 4:55 pm 
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Re PFI...

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Rupert Harrison


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Clever win on not signing off any PFI schemes - there aren't any in the pipeline anyway since we got rid of the dodgy accounting incentive!


And by "we" I expect he means the ONS.

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PostPosted: Mon 29 Oct, 2018 4:57 pm 
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AnatolyKasparov wrote:
frog222 wrote:
A new low from Sarahs Sands and Montague on WatO at midday


Not even the worst from the Beeb today - that is the BBC Monitoring tweet on Bolsonaro. I am utterly, genuinely, lost for words.

Quote:
sarah cameron


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@BBCMonitoring has now deleted the tweet saying that the newly elected fascist leader of Brazil Bolsonaro - who threatens a 'cleansing like never before' - is in fact "a refreshing break from political correctness."

@BBC get the fascists out of your institution.

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PostPosted: Mon 29 Oct, 2018 4:59 pm 
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BBC Monitoring

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We have removed an earlier tweet about statements made by Brazilian Jair Bolsonaro. The intention was to reflect the spectrum of opinion on such statements but the language of the post may not have reflected this accurately


:sick:

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PostPosted: Mon 29 Oct, 2018 4:59 pm 
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THANKS !


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PostPosted: Mon 29 Oct, 2018 5:05 pm 
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Paul Johnson

@PJTheEconomist
9th year of freezing fuel duties. Very expensive indeed. Here's a picture of the absurd way in which this is announced each year but never built in for the future
https://twitter.com/PJTheEconomist/stat ... 9664589824

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PostPosted: Mon 29 Oct, 2018 5:05 pm 
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Quote:
If Hammond was really serious about balancing the books, he wouldn’t have brought forward the rises in income tax allowances, and he wouldn’t have frozen fuel duty.

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PostPosted: Mon 29 Oct, 2018 5:20 pm 
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gilsey wrote:
Paul Johnson

@PJTheEconomist
9th year of freezing fuel duties. Very expensive indeed. Here's a picture of the absurd way in which this is announced each year but never built in for the future
https://twitter.com/PJTheEconomist/stat ... 9664589824


George Osborne put forward a plan that fuel duty should move with the oil price - oil price rises, fuel duty drops and vice versa.

But that was in opposition...

http://researchbriefings.files.parliame ... N00824.pdf

Page 12.

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PostPosted: Mon 29 Oct, 2018 5:24 pm 
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Entertaining commentary from Ian Dunt.

Ian Dunt

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Don't watch this. Whatever you're doing, don't switch on the TV. It is very dreadful.


https://twitter.com/IanDunt/status/1056930069510344711

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PostPosted: Mon 29 Oct, 2018 5:26 pm 
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RogerOThornhill wrote:

George Osborne put forward a plan that fuel duty should move with the oil price - oil price rises, fuel duty drops and vice versa.


Way too sensible for the tories.

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PostPosted: Mon 29 Oct, 2018 5:44 pm 
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Which is our favourite ?

" Little extras" for schools or "making UC more generous" .

(but perhaps the latter was Sparrow ? )


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PostPosted: Mon 29 Oct, 2018 6:03 pm 
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Willow904 wrote:
The kids have kicked the Chancellor off the telly in favour of Dr Who.

I'm now reliant on Andrew Sparrow for the "highlights"*



*if any should eventually emerge, that is.


They're a long time coming. Nothing so far over at Politics Live (Guardian).


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PostPosted: Mon 29 Oct, 2018 6:28 pm 
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I'm hoping someone will do an analysis of the "generous" UC spending for us as it's looking pretty smoke and mirrors. It is going to be better for those already on it, but most people haven't moved over yet and they will still see a cut as far as I can tell, just not such a big one. It's rather like saying you're going to take £500 off of someone and then expect to be thanked for being generous for only taking £250 after all.

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PostPosted: Mon 29 Oct, 2018 7:29 pm 
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Didn't IDS resign because Osborne cut funding for UC ?


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PostPosted: Mon 29 Oct, 2018 7:56 pm 
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Had to check it wasn't April the 1st...

https://www.theguardian.com/politics/20 ... t-50p-coin


'The move to celebrate Brexit in this way may be ultimately self-defeating. As one person put it on Twitter:

Ah, the "Brexit 50p" because nothing says "bring the country together" like memorialising a decision at least 50% of the population vehemently disagrees with.'


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PostPosted: Mon 29 Oct, 2018 8:06 pm 
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CRACE https://www.theguardian.com/politics/20 ... -a-whimper


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PostPosted: Mon 29 Oct, 2018 9:23 pm 
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Quote:
US hedge fund puts Britain's biggest care home operator up for sale

Four Seasons failed to pay off a portion of debt owed to H/2 Capital Partners (Guardian)


https://www.theguardian.com/business/2018/oct/29/us-hedge-fund-orders-sale-britain-biggest-care-home-operator-four-seasons-h2-capital-partners


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PostPosted: Mon 29 Oct, 2018 9:28 pm 
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Quote:
Southampton bookshop enlists human chain to move to new store

About 250 people formed a human chain to help a community bookshop in Southampton move to a new store after a rent increase left them unable to afford their old premises. (Guardian)


https://www.theguardian.com/uk-news/2018/oct/29/southampton-bookshop-october-books-enlists-human-chain-to-move-to-new-store


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PostPosted: Mon 29 Oct, 2018 11:09 pm 
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PorFavor wrote:
Quote:
Southampton bookshop enlists human chain to move to new store

About 250 people formed a human chain to help a community bookshop in Southampton move to a new store after a rent increase left them unable to afford their old premises. (Guardian)


https://www.theguardian.com/uk-news/2018/oct/29/southampton-bookshop-october-books-enlists-human-chain-to-move-to-new-store


I'd be no good in that - "Wait. This one looks interesting - can we stop a minute?"

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PostPosted: Mon 29 Oct, 2018 11:22 pm 
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Wow.

How to insult Jews even more...

https://twitter.com/Eclectablog/status/ ... 2389489669

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