Best Of

@Casino_Royale FPT

If an asset is non transferable then it might have a value in the market, but that is predicated on using outside of the terms and conditions. You might have a willing buyer and a willing seller of the restricted asset, but the original vendor has the ability to limit the rights attached to the asset (eg in the way that an easement restricts the free use of a property for a new owner).

Essentially the government’s proposal is to enforce the restrictions placed by the original vendor.

The challenge here is that artists are not necessarily value maximising from a single event. They are willing to sell at a lower than maximal price in order to sustain a fan base - they have calculated that this will build more long term value for them. The touts are trying to arbitrage between the short term value maximising of the ticket and the long term value maximising price set by the artist, but to capture that value for themselves. They are not creating anything or adding any value.

Good morning everyone.

Our Tesla correspondent's report rant about the 3p per mile tax for EVs.

Nice objective report on the Telegraph. Essentially "This is from the Telegraph, so half of it may be bollocks."

https://www.youtube.com/watch?v=M-Fv39zGyAc

Do we know exactly how they would go about making the ppm charge?

From the MOT mileage figure?

What about the first three years?

From the annual service.

My car doesn't have an annual service...

If they try and do pence per mile on all journeys on all roads I think they will struggle. Either they fit a black box to all cars or they extend the MOT bureaucracy to extend into taxation.

The tried and tested model is in France. Road pricing.

I'm not in favour if this btw - far from it. But I think it will happen eventually. And knowing the way this country is run we will find the most absurd complex inefficient way to organise it.

I thought the French model was "tolls in walled gardens" ie motorways - like the M6 Toll.

That is imo very different, unless there are aspects of which I am not aware.

Yep France charge for motorways - that doesn’t raise enough money and creates congestion as people avoid motorways to save cash.

The only way to do it is collect data during the MOT / sale and use that to enforce voluntary payments

In Norway they collect tolls as you pass fixed points, usually posted around the larger towns, or occasionally mid route on some long distance highway, or by a choke point like a bridge or tunnel. Conceptually that would be a better fit for the UK, discouraging driving into towns where congestion is the worst and avoiding the downsides of the French system, forcing HGVs off the motorways. It would also favour rural drivers where a vehicle is a necessity. But it's easier to manage in Norway where the road network is less dense and there are fewer ways to enter its towns.

Tax per mile is one of those things were it shows how bad Governments seem to be at planning things. The issue has been obvious since about 2018 yet it's only now they are looking at it, granted better late than neither but still way too late...

Good morning everyone.

Our Tesla correspondent's report rant about the 3p per mile tax for EVs.

Nice objective report on the Telegraph. Essentially "This is from the Telegraph, so half of it may be bollocks."

https://www.youtube.com/watch?v=M-Fv39zGyAc

No no, it was a rant. And a bit clickbaity. Successfully so.

Provoked the desired response from the kind of people who are reading the Telegraph/Mail and watching GBeebies/TalkTory and are OUTRAGED that Tesco have banned Christmas trees.

I am depressed at the moment. But having good fun calling out performative wazzockry.

Also check out Emergency Podcast where we tore into "British Culture" and I unveiled my war against wazzocks
https://youtu.be/VkvpriRHc8s

Wha?

Ah ...

"Tesco told the Daily Mail: 'We are at Tesco and have a range of real and artificial Christmas trees in store as part of a wide selection of Christmas products to help our customers celebrate Christmas this year.'

It said it is called an 'evergreen tree' to make it clear the type of Christmas tree inside the box."

https://www.dailymail.co.uk/news/article-15299775/Britons-rage-woke-Tescos-decision-rename-Christmas-trees-evergreen-trees.html

"Susan Hall, leader of the Conservatives in the London Assembly, was vocal about her thoughts on social media, writing on X: 'Wretched ridiculous nonsense, call it what it is, it's a Christmas tree. There, I said it out loud. I'm fed up with all this woke stupidity.'"

Call this out for what it is. She knows the truth, but expects that people listening to her are stupid. So she and all the rest of the grifters openly lie.

What has been genuinely entertaining is that the first picture of the "Evergreen Tree" boxes was heavily cropped. To exclude the "Merry Christmas" pallet wrap they were stood in. And the range of other types of tree - glitter, snow covered, lit etc.

To listen to her, all chocolate bars should be called "Chocolate". Because calling out the variations is a plot to impose Sharia law or something.

Best post? The utter wazzock foaming on about a surbey claiming the majority of Brits will shun turkey for Christmas Dinner and eat another meat. "Brits have eaten Turkey for Christmas for 2,000 years" he claimed.

https://www.tesco.com/groceries/en-GB/shop/christmas/christmas-decorations/christmas-trees

It is true that some of the Tesco ones do not have the C-word on the box. Tbh I had not realised they also serve other sellers (marketplace) like Amazon.

With heating bills going through the roof, I wonder who will want even an artificial snow-covered indoor tree this year. Makes me shiver just to look at it.

As the government are coming up with some radical ideas, here’s another one.

Don’t let senior public servants under investigation retire to avoid scrutiny.

https://www.bbc.com/news/articles/cvgmrg71r0eo

The chief executive of NHS Fife has announced plans to retire early.

Carol Potter made the announcement weeks before a ruling on the Sandie Peggie tribunal is expected.

Ms Potter led the health board through the Covid pandemic and the high-profile employment tribunal launched by Ms Peggie, a nurse who was suspended after complaining about having to share a changing room with a transgender doctor.

I’m sure Mrs @Cyclefree will have a strong view on this one!

An acquaintance of mine was 'offered' early retirement just as an inquiry into his management of his department was concluding. Sensibly, he took it.

Labour very unpopular. What more is there to say?

Will getting rid of SKS improve things.

Can anything improve things for them or, like the Tories after Truss, are they just done.

One of the things that contributed to the feeling of chaos in the last parliament was the constant changing of PM. Labour offered calmer waters, changing PM themselves would be yet another way of failing to live up to their promises

There is no point changing leader at the moment. There is still further bad news to come even if they are bold enough to make tougher decisions like yesterdays across the board including on tax.

I think it would be reasonable to change leaders in search of an electoral boost in the second half of 2027 giving the new leader 12-18 months.

That's how I'm betting. Lay a 26 exit at odds-on and back 27/28 at much better prices. It's good to remember how "he or she is toast" is often overstated. Eg Badenoch. She was toast after the Locals and wouldn't last the year. Nope. She has. You could (and I did) lay that at 1.4 or something ridiculous. Ditto next year. She was a cert to go and now she isn't - the market now thinks she's safer in post than Starmer. This change in sentiment has happened in just a few weeks.

It's the difference between events and fundamentals. Weather and climate, noise and signal, actions and character.

Short term is more visible, and frankly more interesting. But the long term is way more important.

It is a bit like that, yes. In this case the weather is 'Starmer is bound to be out next year' and the climate is 'Labour can't win a second term with a deeply unpopular leader'. The latter is the fundamental. The former is just one of several ways it can manifest. It's totally possible but it shouldn't be as short as 1.85.

I was listening to Yesterday in Parliament and thinking how impressive Mahmoud was. She made sense, was forthright, determined etc and then she had to ruin it with a pathetic political Barb along the lines of “make it the Great Britain that this side of the house believe in and not the Little England the other side believe in”.

I would love our senior politicians to stop this sort of childish bullshit and focus on running the country and good policies. There was no need for her to do it as she was winning anyway and largely has the support of the Tories and Reform on this and might need them to get it past her own colleagues.

She did really well and took no shit from a dull middle aged white male Lib Dem putting him in his place as to what racism is, or some clueless Green student politician and Farage too.

Very combative.

Her own party has a significant core of open door migration fanatics who will push back but the public seems on board from Luke Tryls post on
X

She likely will need Tory and
Reform votes to get it through

Possibly but would they pull it rather than get it through with the help of the Tories and Reform.

Generally it’s a positive move. The one thing I personally don’t like is if someone has been here for years, is embedded in the community. Works. Contributes and is a part of,society I don’t see the benefit in repatriating them. If they’re long term unemployed, on benefits, living in a subsidised council property then that’s a different matter.

I think the policy covers that. The headline is that refugees don’t get settled status for 20 years, but if they’re on an employment path, i.e. they are working, then they get it sooner. AIUI.