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Monday 29th October 2018

Posted: Mon 29 Oct, 2018 7:03 am
by refitman
Morning all.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 7:27 am
by HindleA
https://www.theguardian.com/society/201 ... ndon-soars" onclick="window.open(this.href);return false;

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 7:28 am
by HindleA
https://www.theguardian.com/uk-news/201 ... -in-budget" onclick="window.open(this.href);return false;

Re: Monday 29th October 2018

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

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 12:16 pm
by gilsey
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.
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 12:17 pm
by RogerOThornhill
Morning.

I see Chloe "Degree in Philosophy" Westley is posting simplistic tosh again...
chloe westley
‏@LowTaxChloe
Follow Follow @LowTaxChloe
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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.

Re: Monday 29th October 2018

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

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 2:14 pm
by PorFavor
Fracking halted at Lancashire site for third time after biggest earth tremor yet (Independent)
https://www.independent.co.uk/news/uk/h ... 06821.html

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 2:24 pm
by PorFavor
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)

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 3:58 pm
by Willow904
All a bit low key so far.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:10 pm
by Willow904
Pothole money pretty obvious attempt to paper over ever growing local council funding gap. Small beans.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:12 pm
by Willow904
Sucking up to the Americans. US passports to use e-gates.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:15 pm
by frog222
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 :-)

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:25 pm
by Willow904
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:26 pm
by frog222
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 ?

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:30 pm
by AnatolyKasparov
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:31 pm
by Willow904
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:36 pm
by AnatolyKasparov
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:39 pm
by frog222
No PFI's under way at the moment anyway, but PPP's just as dodgy.

" onclick="window.open(this.href);return false;

@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

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:40 pm
by Willow904
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).

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:40 pm
by frog222
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 ! :-)

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:46 pm
by Willow904
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:53 pm
by Willow904
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:55 pm
by RogerOThornhill
Re PFI...
Rupert Harrison


@rbrharrison
47m47 minutes ago
More
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:57 pm
by gilsey
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.
sarah cameron


@sarahcam3ron
3m3 minutes ago
More
@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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:59 pm
by gilsey
BBC Monitoring

Verified account

@BBCMonitoring
Follow Follow @BBCMonitoring
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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:

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 4:59 pm
by frog222
THANKS !

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 5:05 pm
by gilsey
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
" onclick="window.open(this.href);return false;

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 5:05 pm
by gilsey
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 5:20 pm
by RogerOThornhill
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
" onclick="window.open(this.href);return false;
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" onclick="window.open(this.href);return false;

Page 12.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 5:24 pm
by gilsey
Entertaining commentary from Ian Dunt.

Ian Dunt

Verified account

@IanDunt
56m56 minutes ago
More
Don't watch this. Whatever you're doing, don't switch on the TV. It is very dreadful.


" onclick="window.open(this.href);return false;

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 5:26 pm
by gilsey
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 5:44 pm
by frog222
Which is our favourite ?

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

(but perhaps the latter was Sparrow ? )

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 6:03 pm
by PorFavor
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).

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 6:28 pm
by Willow904
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.

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 7:29 pm
by frog222
Didn't IDS resign because Osborne cut funding for UC ?

Re: Monday 29th October 2018

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

https://www.theguardian.com/politics/20 ... t-50p-coin" onclick="window.open(this.href);return false;


'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.'

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 8:06 pm
by frog222
CRACE https://www.theguardian.com/politics/20 ... -a-whimper" onclick="window.open(this.href);return false;

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 9:23 pm
by PorFavor
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/20 ... l-partners

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 9:28 pm
by PorFavor
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/201 ... -new-store

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 11:09 pm
by RogerOThornhill
PorFavor wrote:
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/201 ... -new-store
I'd be no good in that - "Wait. This one looks interesting - can we stop a minute?"

Re: Monday 29th October 2018

Posted: Mon 29 Oct, 2018 11:22 pm
by RogerOThornhill
Wow.

How to insult Jews even more...

" onclick="window.open(this.href);return false;