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Budget 2024

She is the problem and she is a banker.

Banks extract from the economy, they exploit they do not contribute to growth, all the money kept in their high interest accounts is not invested in the economy, in fact they drive low growth and recession.

They act in their self-interest only.

If they were not independent, and they were not in Thatcher's time, the government which is actually the owner of the BOE through the democratic vote, could act promptly to adjust interest rates without waiting for their belated and usually incorrect decisions. particularly on inflation.

No more MCP comittees whose members naturally benefit from high interest rates.

While this is going on, of course, the BOE will be claiming we are incompetitive and wages are to high.

Bsnking de-regulation was a ghastly mistake, and they are thinking of letting them loose again.

Death to bankers.

😎
Especially the Jewish ones eh.
 

How much longer can this hopeless Chancellor last. before she totally destroys our economy ??
But she and two tier are ready to make difficult decisions on our behalf.
 
The way Reeves is clearly in play now, means it is a case of when rather than if. Pat McFadden to replace. All in time for Wes Streeting to be PM.

The Blair coup will be over by Christmas.
 
The way Reeves is clearly in play now, means it is a case of when rather than if. Pat McFadden to replace. All in time for Wes Streeting to be PM.

The Blair coup will be over by Christmas.
Pat McFadden is a Glasgow brawler and will go nowhere near o e of the great offices of state.

His skill lies with being a cross between a puppet master and an enforcer and if you have met him (as I have on a few occasions recently) you would know it's a bit like a meeting with the local.mafia boss.

Starmer needs him.where he is not in a role where he would not last long
 
Pat McFadden is a Glasgow brawler and will go nowhere near o e of the great offices of state.

His skill lies with being a cross between a puppet master and an enforcer and if you have met him (as I have on a few occasions recently) you would know it's a bit like a meeting with the local.mafia boss.

Starmer needs him.where he is not in a role where he would not last long

He is as immoral and head in the trough as any of them,
 
Starmer needs him.where he is not in a role where he would not last long

Starmer has little say in this.

However, since you have had that all important personal interaction, I will certainly look again at my prediction of McFadden for Chancellor but all my reference points are putting him in the frame for the job.

Time will tell!
 
Starmer has little say in this.

However, since you have had that all important personal interaction, I will certainly look again at my prediction of McFadden for Chancellor but all my reference points are putting him in the frame for the job.

Time will tell!
Never say never but he is somewhat of a blunt instrument and to my mum Nd better deployed elsewhere, but reflecting in n it and looking around if RR were to step aside, you look around and wonder who else? Maybe a step up for Streeting as the jump from Chancellor to PM is a well trodden path.
 
Never say never but he is somewhat of a blunt instrument and to my mum Nd better deployed elsewhere, but reflecting in n it and looking around if RR were to step aside, you look around and wonder who else? Maybe a step up for Streeting as the jump from Chancellor to PM is a well trodden path.


My take on it is that they have Streeting pencilled in for going straight into the top job. He was the first one of push back against the anti-Starmer tide from Musk and clever politicos only do that if they know they are immune from any back-lash.

Oddly enough, your description of McFadden might actually make my prediction a little more possible. Its clear the economy is in trouble or at least the perception is being created (much like it was with Truss). So 'tough-love' will be pushed as the cure. Cuts to services etc, with Labour spinning it like they had no choice. And who better to front that than some 'Weegie radge? Tough guy in number 11, the slightly more fuzzy Streeting in number 10.

And both Blair acolytes. Key to this all.

Let's see.
 

Maybe a go fund me page would help

The cost of borrowing though is back to where it was a week ago.

The treasury and the BOE seem to have different aims, when what is needed is an integrated economic strategy.

Most of all establishing control over the BOE and a very big cut in interest rates.

😎
 
The cost of borrowing though is back to where it was a week ago.

The treasury and the BOE seem to have different aims, when what is needed is an integrated economic strategy.

Most of all establishing control over the BOE and a very big cut in interest rates.

😎
Cutting Uk base rate doesn’t necessaril reduce cost of Govt debt (albeit domestic interest costs are lowered) ? Also reduced interest rate potentially weakens £ Sterling and thus pushes up the cost of imports. Inflation.
 
The cost of borrowing though is back to where it was a week ago.

The treasury and the BOE seem to have different aims, when what is needed is an integrated economic strategy.

Most of all establishing control over the BOE and a very big cut in interest rates.

😎

In terms of control over the BoE, I fully concur. Its role in the bringing down of Teresa May and its attempts to seemingly topple Reeves are really not cricket.

Now I appreciate we are still all going to play the game and defend our shade of whatever but there really is something very rotten at the heart of this country's fiscal integrity and suspect we are ALL being strung along by indulging in the usual whataboutery.
 
The Chancellor announced that she would invest in the public sector to promote economic growth.
Most grown up looked at each other incredulously!
Just a few months later her two choices appear to be - raise taxes even more - which she promised not to do, or, cut back on public spending and reduce the very sector which she just said she would invest in.
What a stupid, ignorant and fiscally moronic person she is!
Glad that our super clever PM believes in her!
 
Donald Trump a big fan of the Labour government US President Donald Trump has said Prime Minister Sir Keir Starmer has done a "very good job thus far" and that the pair have a "very good relationship".
 
Donald Trump a big fan of the Labour government US President Donald Trump has said Prime Minister Sir Keir Starmer has done a "very good job thus far" and that the pair have a "very good relationship".
Strange how that’s been accepted as true because a majority actually living here don’t !
 
Donald Trump a big fan of the Labour government US President Donald Trump has said Prime Minister Sir Keir Starmer has done a "very good job thus far" and that the pair have a "very good relationship".
I look forward to the usual denials from the TDS because everything that comes out of Trump's mouth must be a lie. 😀
 
Rachel from accounts has a real problem with the truth, she claimed to be a chess champion, she cam e 26th in a national competition.

Every time she talks it further demonstrates her ignorance.

She perfectly brings to life the old saying " when many think you're stupid best not to open your mouth and confirm it "
 

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