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Today’s budget could be the trigger for a Tory poll lead – politicalbetting.com

SystemSystem Posts: 11,690
edited March 2022 in General
imageToday’s budget could be the trigger for a Tory poll lead – politicalbetting.com

We all know that there has not been a CON poll lead since the start of December and one of the current active betting markets is on whether such a move will happen in March. As I write it is 36% chance on Smarkets.

Read the full story here

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  • Options
    JosiasJessopJosiasJessop Posts: 39,046
    "could be"

    Well yes, it could. But I doubt it.

    Rishi has certainly had an 'interesting' time to be chancellor. Covid, then the war and increased fuel prices. I bet he'd prefer to be chancellor in normal, boring times when you generally don't have to react to such grand events.
  • Options
    NigelbNigelb Posts: 62,668
    Perversely, high inflation will give him quite a lot of room for manoeuvre.
    Nominal tax receipts over the next few years will be much higher than previously forecast.

    Just by the Chancellor doing nothing, government revenues increase as taxpayers get poorer. It takes a while for the latter to realise, as we saw in the 70s.
    The inflationary pain (notably gas and electric prices for example) has only just started to be felt, while Treasury forecasts which give the Chancellor his spending room look ahead beyond the present.

    Once inflationary expectations really sink in, that temporal con trick stops working, but we’re only at the start of the process.
  • Options
    NigelbNigelb Posts: 62,668
    edited March 2022
    IOW, not a terrible bet from OGH, as Sunak will look quite generous without actually being so.
  • Options
    NigelbNigelb Posts: 62,668
    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.
  • Options
    MarqueeMarkMarqueeMark Posts: 50,125
    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    It does seem to be about the only way of the Russian people not discovering the true extent of the horrors unleashed by them - and ultimately, upon them too.
  • Options
    NigelbNigelb Posts: 62,668
    25 year old Ukrainian fighter pilot.

    https://www.nytimes.com/2022/03/22/world/europe/ukraine-air-force-russia.html
    …. “I had situations when I was approaching a Russian plane to a close enough distance to target and fire,” he said. “I could already detect it but was waiting for my missile to lock on while at the same time from the ground they tell me that a missile was fired at me already.”

    He said he maneuvered his jet through a series of extreme banks, dives and climbs in order to exhaust the fuel supplies of the missiles coming after him. “The time I have to save myself depends on how far away the missile was fired at me and what kind of missile,” he said…

    … “I only have to use my skills to win,” said Andriy. “My skills are better than the Russians. But on the other hand, many of my friends, and even those more experienced than me, are already dead.”
  • Options
    HeathenerHeathener Posts: 5,270
    A very negative viewpoint by Sean O'Grady in the Independent of the ending of the Fixed Term Parliament Act with its new replacement The Dissolution and Calling of Parliament Act 2022:

    https://www.independent.co.uk/independentpremium/politics-explained/boris-johnson-election-parliament-vote-b2041433.html

    I think he's wrong. It's a very good thing this is altered. The FTPA seemed at the time like a good thing but has ultimately been terrible for democracy.
  • Options
    darkagedarkage Posts: 4,797
    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
  • Options
    HeathenerHeathener Posts: 5,270
    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878
  • Options
    Casino_RoyaleCasino_Royale Posts: 55,412
    Nigelb said:

    Perversely, high inflation will give him quite a lot of room for manoeuvre.
    Nominal tax receipts over the next few years will be much higher than previously forecast.

    Just by the Chancellor doing nothing, government revenues increase as taxpayers get poorer. It takes a while for the latter to realise, as we saw in the 70s.
    The inflationary pain (notably gas and electric prices for example) has only just started to be felt, while Treasury forecasts which give the Chancellor his spending room look ahead beyond the present.

    Once inflationary expectations really sink in, that temporal con trick stops working, but we’re only at the start of the process.

    Yes, he can increase headline spending whilst ensuring not maintained in real terms - thus restoring financial equilibrium - and people might think that's reasonable.

    That said cost pressures will be so pronounced this year that I think almost everyone will notice: millions simply won't be able to afford it either and will get pushed into poverty.
  • Options
    IanB2IanB2 Posts: 47,299
    Nigelb said:

    Perversely, high inflation will give him quite a lot of room for manoeuvre.
    Nominal tax receipts over the next few years will be much higher than previously forecast.

    Just by the Chancellor doing nothing, government revenues increase as taxpayers get poorer. It takes a while for the latter to realise, as we saw in the 70s.
    The inflationary pain (notably gas and electric prices for example) has only just started to be felt, while Treasury forecasts which give the Chancellor his spending room look ahead beyond the present.

    Once inflationary expectations really sink in, that temporal con trick stops working, but we’re only at the start of the process.

    With the decision to freeze tax allowances and a few other things already made.
  • Options
    Casino_RoyaleCasino_Royale Posts: 55,412
    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    It looks to me like almost everyone else in that clip is staring awkwardly at their feet.
  • Options
    MrEdMrEd Posts: 5,578
    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    Not exactly mass demonstrations looking at that picture. I see the Sky article pretty much entirely consists of quotes from this lady:

    "Opal Adisa, a retired professor in her 60s, is a gender specialist and human rights advocate who works with Advocates Network, a coalition of Jamaican politicians, business leaders, doctors and musicians, and was taking part in the protest".

    Perhaps not so representative of the population.

    In any event, Jamaica has been talking about getting rid the Monarchy for years and hasn't done much about it. It's a topic that is a great talking point for the politicians but, given the state of Jamaican politics, there seems to be a tacit understanding that it might be better to leave things as they are, at least for now.
  • Options
    Dura_AceDura_Ace Posts: 13,009
    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
  • Options
    darkagedarkage Posts: 4,797
    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    This type of thinking is how parts of the left support Putin, or are at least quiet about the war in Ukraine.

    The thinking goes something like this: "However bad the situation in Ukraine is, it is not as bad as the unimaginable and prolonged horrors of the British empire, which exist to this day in the form of British dominance established through NATO. Russian resistance to NATO expansion in Ukraine is part of a bigger strategic picture, which includes the cause of republicanism in Jamaica, and the need to address historic imbalances through reparations."

  • Options
    JosiasJessopJosiasJessop Posts: 39,046
    moonshine said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    “Vladimir Putin has nothing on the British empire.”

    Yawn. Don’t they ever give you a day off?
    More than that: look at what Russia (as one example) has done in the past, both in Soviet and imperial times.

    The past was the past. Things were different then, and we have - mostly - progressed (the Russian leadership are currently showing such progression has not been even).
  • Options
    darkagedarkage Posts: 4,797
    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
  • Options
    Good news on steel from US

    BBC News - US rolls back Trump-era tariffs on UK steel
    https://www.bbc.co.uk/news/business-60839343
  • Options
    FishingFishing Posts: 4,561
    edited March 2022
    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    “Vladimir Putin has nothing on the British empire.”

    60% of Jamaicans actually disagree, or did a decade ago, thinking that they'd have been better off had they remained in the British Empire, compared with 17% who disagreed:

    https://www.bbc.co.uk/news/world-latin-america-13952592

    And given the corruption and incompetence of the Jamaican government, they may be right.
  • Options
    JosiasJessopJosiasJessop Posts: 39,046
    darkage said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    This type of thinking is how parts of the left support Putin, or are at least quiet about the war in Ukraine.

    The thinking goes something like this: "However bad the situation in Ukraine is, it is not as bad as the unimaginable and prolonged horrors of the British empire, which exist to this day in the form of British dominance established through NATO. Russian resistance to NATO expansion in Ukraine is part of a bigger strategic picture, which includes the cause of republicanism in Jamaica, and the need to address historic imbalances through reparations."

    The line of instinctual thinking Nick Palmer showed: "It's our fault!"
  • Options
    OldKingColeOldKingCole Posts: 32,008

    Good news on steel from US

    BBC News - US rolls back Trump-era tariffs on UK steel
    https://www.bbc.co.uk/news/business-60839343

    Morning, all. Weather's quite good; not as sunny out of my window as the BBC site says it is, though.

    On topic, good to think we back to where we were in our EU membership days.
  • Options
    FishingFishing Posts: 4,561

    Good news on steel from US

    BBC News - US rolls back Trump-era tariffs on UK steel
    https://www.bbc.co.uk/news/business-60839343

    Morning, all. Weather's quite good; not as sunny out of my window as the BBC site says it is, though.

    On topic, good to think we back to where we were in our EU membership days.
    Without our EU membership it's unlikely we would have been hit by US steel tariffs in the first place. Our steel industry was damaged because of German and French protectionism.
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    JACK_WJACK_W Posts: 651
    Which will move more quickly - Conservative poll numbers or the Russian convoy north of Kyiv ... and in which direction?
  • Options
    OldKingColeOldKingCole Posts: 32,008

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
  • Options
    OldKingColeOldKingCole Posts: 32,008
    Fishing said:

    Good news on steel from US

    BBC News - US rolls back Trump-era tariffs on UK steel
    https://www.bbc.co.uk/news/business-60839343

    Morning, all. Weather's quite good; not as sunny out of my window as the BBC site says it is, though.

    On topic, good to think we back to where we were in our EU membership days.
    Without our EU membership it's unlikely we would have been hit by US steel tariffs in the first place. Our steel industry was damaged because of German and French protectionism.
    Doubt that Trump would have had the wit to differentiate. I'm not very knowledgeable about the metals etc markets though. I do know, though, that my neighbour was complaining yesterday about shortages of medicines that his wife needs, and, as far as his work was concerned, a collapse in 'just in time' supply arrangements.
  • Options
    JosiasJessopJosiasJessop Posts: 39,046

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
  • Options
    ydoethurydoethur Posts: 67,304
    JACK_W said:

    Which will move more quickly - Conservative poll numbers or the Russian convoy north of Kyiv ... and in which direction?

    The convoy doesn’t appear to be going south, unlike the poll numbers.
  • Options
    tlg86tlg86 Posts: 25,190
    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    “What we’re doing in Ukraine”

    I think he was going off-piste.
  • Options
    felixfelix Posts: 15,124

    Fishing said:

    Good news on steel from US

    BBC News - US rolls back Trump-era tariffs on UK steel
    https://www.bbc.co.uk/news/business-60839343

    Morning, all. Weather's quite good; not as sunny out of my window as the BBC site says it is, though.

    On topic, good to think we back to where we were in our EU membership days.
    Without our EU membership it's unlikely we would have been hit by US steel tariffs in the first place. Our steel industry was damaged because of German and French protectionism.
    Doubt that Trump would have had the wit to differentiate. I'm not very knowledgeable about the metals etc markets though. I do know, though, that my neighbour was complaining yesterday about shortages of medicines that his wife needs, and, as far as his work was concerned, a collapse in 'just in time' supply arrangements.
    In other words whatever the topic your response will always be 'whataboutery'. Presumably the sanction busting French government wrt Renault is also down the Brexit?
  • Options
    OldKingColeOldKingCole Posts: 32,008
    edited March 2022

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    No, don't do nothing. Worst thing for either physical or mental health. If you want something cerebral, how about writing a book?
  • Options
    CarlottaVanceCarlottaVance Posts: 59,760
    The Consumer Prices Index including owner occupiers’ housing costs grew 5.5% in the year to February 2022.

    This is up from the 4.9% growth in the year to January 2022 ow.ly/OmWq50IpWes


    https://twitter.com/ons/status/1506526764142678016?s=21
  • Options
    DecrepiterJohnLDecrepiterJohnL Posts: 24,432

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    Do something or go somewhere that will create memories for you, the other half and junior. 52 marathons won't. One might but 52 will just blur into each other (and shouldn't it be 50 for your 50th?).
  • Options
    JACK_WJACK_W Posts: 651
    This article in the "The Atlantic" (posted by @rcs1000 in the embers of the previous thread) on Ukraine "winning here" is a valuable read :


    https://www.theatlantic.com/ideas/archive/2022/03/ukraine-is-winning-war-russia/627121/
  • Options
    malcolmgmalcolmg Posts: 42,019
    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
  • Options
    CarlottaVanceCarlottaVance Posts: 59,760
    edited March 2022
    Heathener said:

    Reparations are due

    How much will you be paying?
  • Options
    FishingFishing Posts: 4,561
    JACK_W said:

    This article in the "The Atlantic" (posted by @rcs1000 in the embers of the previous thread) on Ukraine "winning here" is a valuable read :


    https://www.theatlantic.com/ideas/archive/2022/03/ukraine-is-winning-war-russia/627121/

    The Wall Street Journal article linked in it is actually even better, describing in minute detail a battle for a strategic village in southern Ukraine where the Ukrainians routed a Russian attack.
  • Options
    GallowgateGallowgate Posts: 19,081
    Good morning from Aberdeen - I am just about to start the North Coast 500, although disappointed that it looks like Brewdog aren’t running factory tours because of covid.
  • Options
    ydoethurydoethur Posts: 67,304
    tlg86 said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    “What we’re doing in Ukraine”

    I think he was going off-piste.
    If he was, his bosses will be piste off.

    But I think it more likely a kite was being flown.
  • Options
    OldKingColeOldKingCole Posts: 32,008
    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    Not quite sure about worse country, Malc, but worse leader..... closer.
  • Options
    OldKingColeOldKingCole Posts: 32,008

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    Do something or go somewhere that will create memories for you, the other half and junior. 52 marathons won't. One might but 52 will just blur into each other (and shouldn't it be 50 for your 50th?).
    Good thought Mr L. Memories which might just inspire Little J.
  • Options
    malcolmgmalcolmg Posts: 42,019

    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    Not quite sure about worse country, Malc, but worse leader..... closer.
    OKC, close call for sure
  • Options
    ydoethurydoethur Posts: 67,304
    edited March 2022
    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.
  • Options
    NigelbNigelb Posts: 62,668
    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    Yes, but one of such fantasists rules Russia.
  • Options
    felixfelix Posts: 15,124
    ydoethur said:

    tlg86 said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    “What we’re doing in Ukraine”

    I think he was going off-piste.
    If he was, his bosses will be piste off.

    But I think it more likely a kite was being flown.
    You mean they got the wind up about it?
  • Options
    pingping Posts: 3,731
    RPI 8.2%
  • Options
    NigelbNigelb Posts: 62,668

    Nigelb said:

    Perversely, high inflation will give him quite a lot of room for manoeuvre.
    Nominal tax receipts over the next few years will be much higher than previously forecast.

    Just by the Chancellor doing nothing, government revenues increase as taxpayers get poorer. It takes a while for the latter to realise, as we saw in the 70s.
    The inflationary pain (notably gas and electric prices for example) has only just started to be felt, while Treasury forecasts which give the Chancellor his spending room look ahead beyond the present.

    Once inflationary expectations really sink in, that temporal con trick stops working, but we’re only at the start of the process.

    Yes, he can increase headline spending whilst ensuring not maintained in real terms - thus restoring financial equilibrium - and people might think that's reasonable.

    That said cost pressures will be so pronounced this year that I think almost everyone will notice: millions simply won't be able to afford it either and will get pushed into poverty.
    Note he seems already to have decided not to lift tax thresholds, which with 6.2% inflation over the last year, and more to follow, is a very large tax increase.
  • Options
    ydoethurydoethur Posts: 67,304
    ping said:

    RPI 8.2%

    Ouch.
  • Options
    JosiasJessopJosiasJessop Posts: 39,046
    malcolmg said:

    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    Not quite sure about worse country, Malc, but worse leader..... closer.
    OKC, close call for sure
    Okay Malc, I know I'm risking some turnip-juice inspired vitriol from you, but there is really zero comparison between Putin and Johnson. Johnson has many, many flaws, but he is near to an angel in comparison to Putin.

    Look at the roads Putin has taken his country down. Look at his hamfisted reaction to the Covid crisis. Look at the Litvinenko or Salisbury. Look at the way he has stifled free press in his country; the way he has strangled democracy.

    For all Johnson's faults, he is not a Putin. Neither do I think he wants to be.
  • Options
    OldKingColeOldKingCole Posts: 32,008
    ydoethur said:

    ping said:

    RPI 8.2%

    Ouch.
    Having tried to run a business on small margins when interest rates were in the mid-teens I'm sympathetic.
  • Options
    CarlottaVanceCarlottaVance Posts: 59,760
    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    THREAD: Failure to deliver two lifeline ferries for the Clyde and Hebrides exposes a multitude of failings. Current estimated costs have more than doubled to at least £240 million. The vessels are now almost four years late.

    @AuditorGenScot
    ’s report: https://buff.ly/36jlVOU

    Scottish ministers approved the contract award to Ferguson Marine Engineering Limited in Oct 2015, despite serious risks and misgivings. As the project progressed, delays, costs, and a contract dispute escalated. In late 2019 the shipyard was brought into public ownership.
    2/3

    More than two years after the Scottish Government took over control of the shipyard, significant operational failures still need to be fully resolved and further remedial work on the vessels continues to be identified.
    3/3


    https://twitter.com/AuditScotland/status/1506531660065656837
  • Options
    JosiasJessopJosiasJessop Posts: 39,046

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    Do something or go somewhere that will create memories for you, the other half and junior. 52 marathons won't. One might but 52 will just blur into each other (and shouldn't it be 50 for your 50th?).
    Yeah, should be 50. But it's too near the number of weeks in the year for the numerologist in me. ;)

    I'm planning to do things with the little 'un as well. We've had a couple of years where opportunities to do stuff have been lessened due to Covid, so it's time to spend a little of the money we've saved. He wants to go to Edinburgh, so I'll probably do that in early summer before the festival madness.
  • Options
    Casino_RoyaleCasino_Royale Posts: 55,412
    MrEd said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    Not exactly mass demonstrations looking at that picture. I see the Sky article pretty much entirely consists of quotes from this lady:

    "Opal Adisa, a retired professor in her 60s, is a gender specialist and human rights advocate who works with Advocates Network, a coalition of Jamaican politicians, business leaders, doctors and musicians, and was taking part in the protest".

    Perhaps not so representative of the population.

    In any event, Jamaica has been talking about getting rid the Monarchy for years and hasn't done much about it. It's a topic that is a great talking point for the politicians but, given the state of Jamaican politics, there seems to be a tacit understanding that it might be better to leave things as they are, at least for now.
    What good will it do?

    I get the appeal in principle but in practice the Governor-General is always domestic now and the Monarch provides pageantry and ceremony on top and Commonwealth kinship.

    I certainly wouldn't vote to get rid of it.
  • Options
    Casino_RoyaleCasino_Royale Posts: 55,412
    Nigelb said:

    Nigelb said:

    Perversely, high inflation will give him quite a lot of room for manoeuvre.
    Nominal tax receipts over the next few years will be much higher than previously forecast.

    Just by the Chancellor doing nothing, government revenues increase as taxpayers get poorer. It takes a while for the latter to realise, as we saw in the 70s.
    The inflationary pain (notably gas and electric prices for example) has only just started to be felt, while Treasury forecasts which give the Chancellor his spending room look ahead beyond the present.

    Once inflationary expectations really sink in, that temporal con trick stops working, but we’re only at the start of the process.

    Yes, he can increase headline spending whilst ensuring not maintained in real terms - thus restoring financial equilibrium - and people might think that's reasonable.

    That said cost pressures will be so pronounced this year that I think almost everyone will notice: millions simply won't be able to afford it either and will get pushed into poverty.
    Note he seems already to have decided not to lift tax thresholds, which with 6.2% inflation over the last year, and more to follow, is a very large tax increase.
    I suspect he'll throw out some headline grabbing chicken feed but like Lawson in 87-88 he's absurdly short for next PM ahead of gathering storm clouds and his brand will tarnish very quickly once people have to fork out for his tough choices.
  • Options
    MarqueeMarkMarqueeMark Posts: 50,125

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    It looks to me like almost everyone else in that clip is staring awkwardly at their feet.
    Who knew that BatShitCrazyTV was a thing in Russia.
  • Options
    OldKingColeOldKingCole Posts: 32,008

    malcolmg said:

    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    Not quite sure about worse country, Malc, but worse leader..... closer.
    OKC, close call for sure
    Okay Malc, I know I'm risking some turnip-juice inspired vitriol from you, but there is really zero comparison between Putin and Johnson. Johnson has many, many flaws, but he is near to an angel in comparison to Putin.

    Look at the roads Putin has taken his country down. Look at his hamfisted reaction to the Covid crisis. Look at the Litvinenko or Salisbury. Look at the way he has stifled free press in his country; the way he has strangled democracy.

    For all Johnson's faults, he is not a Putin. Neither do I think he wants to be.
    Sadly, I'm not at all sure about the last sentence. However, so far, he's at the stage of wanting to doing it by being 'loved', but I don't get the impression his instincts are at all democratic.
  • Options
    Casino_RoyaleCasino_Royale Posts: 55,412

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    My choice would be taking the ocean liner Queen Mary 2 from Southampton to New York (and back) and have a few days over there.

    I'd go in the most expensive class I could afford probably and enjoy myself.
  • Options
    Casino_RoyaleCasino_Royale Posts: 55,412
    Fishing said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    “Vladimir Putin has nothing on the British empire.”

    60% of Jamaicans actually disagree, or did a decade ago, thinking that they'd have been better off had they remained in the British Empire, compared with 17% who disagreed:

    https://www.bbc.co.uk/news/world-latin-america-13952592

    And given the corruption and incompetence of the Jamaican government, they may be right.
    Deeply unfashionable at the moment but like any period of history it's complex and nuanced.

    I suspect you'd get even higher figures in Hong Kong.
  • Options
    JosiasJessopJosiasJessop Posts: 39,046

    malcolmg said:

    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    Not quite sure about worse country, Malc, but worse leader..... closer.
    OKC, close call for sure
    Okay Malc, I know I'm risking some turnip-juice inspired vitriol from you, but there is really zero comparison between Putin and Johnson. Johnson has many, many flaws, but he is near to an angel in comparison to Putin.

    Look at the roads Putin has taken his country down. Look at his hamfisted reaction to the Covid crisis. Look at the Litvinenko or Salisbury. Look at the way he has stifled free press in his country; the way he has strangled democracy.

    For all Johnson's faults, he is not a Putin. Neither do I think he wants to be.
    Sadly, I'm not at all sure about the last sentence. However, so far, he's at the stage of wanting to doing it by being 'loved', but I don't get the impression his instincts are at all democratic.
    "...but I don't get the impression his instincts are at all democratic."

    What gives you that impression?
  • Options
    OldKingColeOldKingCole Posts: 32,008

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    My choice would be taking the ocean liner Queen Mary 2 from Southampton to New York (and back) and have a few days over there.

    I'd go in the most expensive class I could afford probably and enjoy myself.
    It's our Diamond anniversary this year; haven't booked anything yet, due to repeated hospital appointments, but that sounds an idea.
  • Options
    StuartinromfordStuartinromford Posts: 14,503
    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
  • Options

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    My choice would be taking the ocean liner Queen Mary 2 from Southampton to New York (and back) and have a few days over there.

    I'd go in the most expensive class I could afford probably and enjoy myself.
    It's our Diamond anniversary this year; haven't booked anything yet, due to repeated hospital appointments, but that sounds an idea.
    We are two years behind you but many congratulations and you should receive your telegram from HMQ
  • Options
    JosiasJessopJosiasJessop Posts: 39,046

    malcolmg said:

    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    Not quite sure about worse country, Malc, but worse leader..... closer.
    OKC, close call for sure
    Okay Malc, I know I'm risking some turnip-juice inspired vitriol from you, but there is really zero comparison between Putin and Johnson. Johnson has many, many flaws, but he is near to an angel in comparison to Putin.

    Look at the roads Putin has taken his country down. Look at his hamfisted reaction to the Covid crisis. Look at the Litvinenko or Salisbury. Look at the way he has stifled free press in his country; the way he has strangled democracy.

    For all Johnson's faults, he is not a Putin. Neither do I think he wants to be.
    Sadly, I'm not at all sure about the last sentence. However, so far, he's at the stage of wanting to doing it by being 'loved', but I don't get the impression his instincts are at all democratic.
    "...but I don't get the impression his instincts are at all democratic."

    What gives you that impression?
    Making voting more difficult, for a start. First PM to do that in my lifetime.
    Yep, and that's a move I don't agree with. But I didn't see Blair's move to more postal voting as particularly democratic, either.

    "Tony Blair is promoting his party's "farming" of postal vote applications in a national mailshot which defies advice from returning officers that there should be no third party involvement in the process."

    https://www.theguardian.com/politics/2005/apr/15/uk.postalvoting

    Or more recently, I could point to the boundary reviews, which both parties have been playing with.

    If Johnson did not have democratic instincts, there is lots more he could have done to stymy things.
  • Options

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
  • Options
    JonathanJonathan Posts: 20,901

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    It looks to me like almost everyone else in that clip is staring awkwardly at their feet.
    Who knew that BatShitCrazyTV was a thing in Russia.
    Not sure we should judge a country by its panel shows and vox pops, the mind boggles what people would make of us on that basis.
  • Options
    JonathanJonathan Posts: 20,901

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
    Taxes up on working families.
  • Options
    Definitely earned himself a Dickin Medal..

    Euromaidan Press
    @EuromaidanPress
    Patron hard at work!
    Meet Patron (Cartridge), 2y.o pyrothechnic detection dog, the heart & soul of the Chernihiv pyrotechnic team.
    Patron accompanies them everywhere. He loves cheese, so our guys sometimes give him a special treat.

    #PlanesForUkraine
    #PutinWarCriminal

    https://twitter.com/EuromaidanPress/status/1506501591347732480
  • Options
    On topic, I highly doubt it.

    The bare minimum I would want to start supporting him again is a complete reversal of the NI Tax Hike.

    If there is instead an Income Tax cut or similar then that will only add insult to injury further rebalancing tax burden even higher on people who work for a living and lower on others.
  • Options
    CarnyxCarnyx Posts: 39,804
    edited March 2022
    Jonathan said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    It looks to me like almost everyone else in that clip is staring awkwardly at their feet.
    Who knew that BatShitCrazyTV was a thing in Russia.
    Not sure we should judge a country by its panel shows and vox pops, the mind boggles what people would make of us on that basis.
    And PB too. I mean, wanting to nuke Argentina.

    malcolmg said:

    malcolmg said:

    darkage said:

    Dura_Ace said:

    darkage said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    Old men discussing their fantasies.
    That's enough about pb.com. What did you think of the Russian TV shit?
    LOL

    The impression I get of Russia is of a great nation humiliating itself. It is an absolute tragedy. Makes me feel a bit better about our own country.
    who could have imagined there was a worse country with a worse leader than the UK.
    Not quite sure about worse country, Malc, but worse leader..... closer.
    OKC, close call for sure
    Okay Malc, I know I'm risking some turnip-juice inspired vitriol from you, but there is really zero comparison between Putin and Johnson. Johnson has many, many flaws, but he is near to an angel in comparison to Putin.

    Look at the roads Putin has taken his country down. Look at his hamfisted reaction to the Covid crisis. Look at the Litvinenko or Salisbury. Look at the way he has stifled free press in his country; the way he has strangled democracy.

    For all Johnson's faults, he is not a Putin. Neither do I think he wants to be.
    Sadly, I'm not at all sure about the last sentence. However, so far, he's at the stage of wanting to doing it by being 'loved', but I don't get the impression his instincts are at all democratic.
    "...but I don't get the impression his instincts are at all democratic."

    What gives you that impression?
    Making voting more difficult, for a start. First PM to do that in my lifetime.
    Yep, and that's a move I don't agree with. But I didn't see Blair's move to more postal voting as particularly democratic, either.

    "Tony Blair is promoting his party's "farming" of postal vote applications in a national mailshot which defies advice from returning officers that there should be no third party involvement in the process."

    https://www.theguardian.com/politics/2005/apr/15/uk.postalvoting

    Or more recently, I could point to the boundary reviews, which both parties have been playing with.

    If Johnson did not have democratic instincts, there is lots more he could have done to stymy things.
    Well, Mr Johnson didn't do anything about postal voting, either, did he? Edit: or Messrs Cameron/Clegg, or Ms May. At least before Jan 2020; after that, it was justifiable during the covid period.

    But I entirely agree about postal votes and third parties.
  • Options
    Jonathan said:

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
    Taxes up on working families.
    The time will come for some form of wealth tax
  • Options
    JonathanJonathan Posts: 20,901

    Jonathan said:

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
    Taxes up on working families.
    The time will come for some form of wealth tax
    By the time I retire, I expect the state pension to be a loan paid back by the estate.
  • Options
    RogerRoger Posts: 18,891

    MrEd said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    Not exactly mass demonstrations looking at that picture. I see the Sky article pretty much entirely consists of quotes from this lady:

    "Opal Adisa, a retired professor in her 60s, is a gender specialist and human rights advocate who works with Advocates Network, a coalition of Jamaican politicians, business leaders, doctors and musicians, and was taking part in the protest".

    Perhaps not so representative of the population.

    In any event, Jamaica has been talking about getting rid the Monarchy for years and hasn't done much about it. It's a topic that is a great talking point for the politicians but, given the state of Jamaican politics, there seems to be a tacit understanding that it might be better to leave things as they are, at least for now.
    What good will it do?

    I get the appeal in principle but in practice the Governor-General is always domestic now and the Monarch provides pageantry and ceremony on top and Commonwealth kinship.

    I certainly wouldn't vote to get rid of it.
    For some people, the aim is to support anything that makes Britain weaker. Because we're the bad guys.
    What a tedious post! Have some self respect! If you just want 'likes' from other than the usual four why not try writing something interesting or better still original?
  • Options
    felixfelix Posts: 15,124
    Roger said:

    MrEd said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    Not exactly mass demonstrations looking at that picture. I see the Sky article pretty much entirely consists of quotes from this lady:

    "Opal Adisa, a retired professor in her 60s, is a gender specialist and human rights advocate who works with Advocates Network, a coalition of Jamaican politicians, business leaders, doctors and musicians, and was taking part in the protest".

    Perhaps not so representative of the population.

    In any event, Jamaica has been talking about getting rid the Monarchy for years and hasn't done much about it. It's a topic that is a great talking point for the politicians but, given the state of Jamaican politics, there seems to be a tacit understanding that it might be better to leave things as they are, at least for now.
    What good will it do?

    I get the appeal in principle but in practice the Governor-General is always domestic now and the Monarch provides pageantry and ceremony on top and Commonwealth kinship.

    I certainly wouldn't vote to get rid of it.
    For some people, the aim is to support anything that makes Britain weaker. Because we're the bad guys.
    What a tedious post! Have some self respect! If you just want 'likes' from other than the usual four why not try writing something interesting or better still original?
    Nothing more tedious than life in Macron/Vichy France.
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    JosiasJessopJosiasJessop Posts: 39,046
    Roger said:

    MrEd said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    Not exactly mass demonstrations looking at that picture. I see the Sky article pretty much entirely consists of quotes from this lady:

    "Opal Adisa, a retired professor in her 60s, is a gender specialist and human rights advocate who works with Advocates Network, a coalition of Jamaican politicians, business leaders, doctors and musicians, and was taking part in the protest".

    Perhaps not so representative of the population.

    In any event, Jamaica has been talking about getting rid the Monarchy for years and hasn't done much about it. It's a topic that is a great talking point for the politicians but, given the state of Jamaican politics, there seems to be a tacit understanding that it might be better to leave things as they are, at least for now.
    What good will it do?

    I get the appeal in principle but in practice the Governor-General is always domestic now and the Monarch provides pageantry and ceremony on top and Commonwealth kinship.

    I certainly wouldn't vote to get rid of it.
    For some people, the aim is to support anything that makes Britain weaker. Because we're the bad guys.
    What a tedious post! Have some self respect! If you just want 'likes' from other than the usual four why not try writing something interesting or better still original?
    I have self-respect, Rog. And you might try to take your own advice.

    Although stating that any woman who did not want to get abused by 'the talent' in the media should go and become hairdressers was original for a modern man - it was the sort of thing that I would expect from a Neanderthal.

    Hang on, being in France: did you paint Lascaux? Were they some early adverts for meat products? ;)
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    Scott_xPScott_xP Posts: 33,046
    Extraordinary letter in @ft from former UK defence attaché at Moscow embassy - we warned you about Putin but you listened to the City instead https://twitter.com/ruskin147/status/1506539085669748744/photo/1
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    MarqueeMarkMarqueeMark Posts: 50,125
    Jonathan said:

    Nigelb said:

    Russian TV threatening nuclear strikes. Bluster, possibly - but this is officially sanctioned.

    https://twitter.com/carlbildt/status/1506315902169534464
    We have no right to ignore what’s said on 🇷🇺 state TV these days. This unfortunately has all the potential for getting much worse.

    It looks to me like almost everyone else in that clip is staring awkwardly at their feet.
    Who knew that BatShitCrazyTV was a thing in Russia.
    Not sure we should judge a country by its panel shows and vox pops, the mind boggles what people would make of us on that basis.
    GoggleBox shows the world who we are.

    Can't imagine that in Putin's Russia.
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    tlg86tlg86 Posts: 25,190
    I notice that the February public borrowing figures didn't get any attention yesterday:

    https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/timeseries/dzls/pusf

    January (-£7bn) was pretty good, and not far off pre-COVID, but February (£13bn) is still not much better than last year and way worse than pre-COVID:


  • Options
    FoxyFoxy Posts: 44,712
    On Jamaica, there is a clear majority for Jamaica becoming a Republic:

    https://www.jamaicaobserver.com/news/55-of-respondents-say-the-queen-must-go_200465

    55% Republic, 30% Queen to remain HoS, 15% don't know/care.
  • Options
    MarqueeMarkMarqueeMark Posts: 50,125

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    My choice would be taking the ocean liner Queen Mary 2 from Southampton to New York (and back) and have a few days over there.

    I'd go in the most expensive class I could afford probably and enjoy myself.
    It's our Diamond anniversary this year; haven't booked anything yet, due to repeated hospital appointments, but that sounds an idea.
    We are two years behind you but many congratulations and you should receive your telegram from HMQ
    From HMQ is a stretch..... HMK should still be around in one of its guises though.
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    CarnyxCarnyx Posts: 39,804
    Foxy said:

    On Jamaica, there is a clear majority for Jamaica becoming a Republic:

    https://www.jamaicaobserver.com/news/55-of-respondents-say-the-queen-must-go_200465

    55% Republic, 30% Queen to remain HoS, 15% don't know/care.

    Hmm, and that is with Elizabeth in post. I can't imagine it would improve with Charles III (or George VII) in post.
  • Options
    CarlottaVanceCarlottaVance Posts: 59,760

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    My choice would be taking the ocean liner Queen Mary 2 from Southampton to New York (and back) and have a few days over there.

    I'd go in the most expensive class I could afford probably and enjoy myself.
    You’ll have to pick your sailings carefully - if QM2 is not doing back-to-backs (arrive 6am, depart 5pm, same day) then the gap in NY can be quite long if she’s going to the Caribbean or New England / Canada between transatlantics. There are occasional short NY gaps - in the past around 4th July, where she’s only away for a few days.

    Having done several crossings I’d highly recommend it - if only going one way then West is Best (25h days and arrival in NY). While the Grills are exclusive, the Britannia dining room is more spectacular - Britannia Club is a good compromise.
  • Options

    BTW, it's my birthday today. 49 years decrepit. :)

    (I think it's also PB's birthday. One of these is more important than the other to most on here)

    Congratulations. Enjoy. Big one next year, so start planning.
    The planning's already started. ;)

    I want to do something slightly insane for my 50th year. I've got a little 'un to look after, so I cannot disappear for months at a time, but I'm thinking what I can fit in within the school times.

    Every year I set myself an objective for that year. Last year it was to run every day; this year it's something more cerebral. My current thinking for next year is 52 marathons in the year - if my body will allow it. I'm unsure atm. I might just decide to laze about and do nothing...
    My choice would be taking the ocean liner Queen Mary 2 from Southampton to New York (and back) and have a few days over there.

    I'd go in the most expensive class I could afford probably and enjoy myself.
    It's our Diamond anniversary this year; haven't booked anything yet, due to repeated hospital appointments, but that sounds an idea.
    We are two years behind you but many congratulations and you should receive your telegram from HMQ
    From HMQ is a stretch..... HMK should still be around in one of its guises though.
    @OldKingCole diamond is this year so hopefully HMQ but I agree there is an alternative
  • Options
    FoxyFoxy Posts: 44,712
    tlg86 said:

    I notice that the February public borrowing figures didn't get any attention yesterday:

    https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/timeseries/dzls/pusf

    January (-£7bn) was pretty good, and not far off pre-COVID, but February (£13bn) is still not much better than last year and way worse than pre-COVID:


    Certainly my tax bill in Jan was the smallest in years, reflecting no private practice for six months in 2020. I am sure that I wasn't the only one paying less in. Not sure if that counts in Jan or Feb figures, usually the payment is made on 31 Jan, but clears a few days later.
  • Options
    RogerRoger Posts: 18,891

    Roger said:

    MrEd said:

    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    Not exactly mass demonstrations looking at that picture. I see the Sky article pretty much entirely consists of quotes from this lady:

    "Opal Adisa, a retired professor in her 60s, is a gender specialist and human rights advocate who works with Advocates Network, a coalition of Jamaican politicians, business leaders, doctors and musicians, and was taking part in the protest".

    Perhaps not so representative of the population.

    In any event, Jamaica has been talking about getting rid the Monarchy for years and hasn't done much about it. It's a topic that is a great talking point for the politicians but, given the state of Jamaican politics, there seems to be a tacit understanding that it might be better to leave things as they are, at least for now.
    What good will it do?

    I get the appeal in principle but in practice the Governor-General is always domestic now and the Monarch provides pageantry and ceremony on top and Commonwealth kinship.

    I certainly wouldn't vote to get rid of it.
    For some people, the aim is to support anything that makes Britain weaker. Because we're the bad guys.
    What a tedious post! Have some self respect! If you just want 'likes' from other than the usual four why not try writing something interesting or better still original?
    I have self-respect, Rog. And you might try to take your own advice.

    Although stating that any woman who did not want to get abused by 'the talent' in the media should go and become hairdressers was original for a modern man - it was the sort of thing that I would expect from a Neanderthal.

    Hang on, being in France: did you paint Lascaux? Were they some early adverts for meat products? ;)
    A big improvement! Happy birthday!
  • Options
    edmundintokyoedmundintokyo Posts: 17,151
    edited March 2022

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
    They should ban Chancellors from ever becoming PM, this dynamic where the chancellor is trying to appeal to their own base in a future leadership contest is really toxic.
  • Options
    I understand the Met are receiving a considerable number of denials from their partygate enquiries and forms

    In these circumstances are we going to see many individual court cases and at what point does this get out of hand?
  • Options
    state_go_awaystate_go_away Posts: 5,422

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
    They should ban Chancellors from ever becoming PM, this dynamic where the chancellor is trying to appeal to their own base in a future leadership contest is really toxic.
    No, terrible idea . always good to have competing powers at the top ,spreads the power around ,otherwise you end up like Russian and putin
  • Options
    HYUFDHYUFD Posts: 117,030
    Foxy said:

    On Jamaica, there is a clear majority for Jamaica becoming a Republic:

    https://www.jamaicaobserver.com/news/55-of-respondents-say-the-queen-must-go_200465

    55% Republic, 30% Queen to remain HoS, 15% don't know/care.

    Poll from 2 years ago. Given it is non white, non British origin majority unlike say Australia or Canada or New Zealand hardly that surprising and realistically those are the only nations we can keep as Commonwealth realms going forward even if they stay in the Commonwealth.

    Though 55% is hardly a landslide
  • Options
    FoxyFoxy Posts: 44,712
    Carnyx said:

    Foxy said:

    On Jamaica, there is a clear majority for Jamaica becoming a Republic:

    https://www.jamaicaobserver.com/news/55-of-respondents-say-the-queen-must-go_200465

    55% Republic, 30% Queen to remain HoS, 15% don't know/care.

    Hmm, and that is with Elizabeth in post. I can't imagine it would improve with Charles III (or George VII) in post.
    With HMQ looking so frail, I suspect that issue may arrive soon and be a breaking point for a few others too.
  • Options
    DavidLDavidL Posts: 51,329

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    He will obviously cut duty, as I have pointed out before the net cost is practically zero given the increased VAT take.
    I think (hope) he does something about those on benefits.
    The loan gimick on fuel bills needs to be dropped.
    There will presumably be yet more money for the NHS focused on backlogs.
    Possible wild card would be the suspension of VAT on domestic fuel, benefit of Brexit etc
  • Options

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
    They should ban Chancellors from ever becoming PM, this dynamic where the chancellor is trying to appeal to their own base in a future leadership contest is really toxic.
    It was a manifesto commitment suspended for one year
  • Options
    HYUFDHYUFD Posts: 117,030

    Jonathan said:

    ydoethur said:

    On topic, I think my question would be, 'what will be this year's pasty tax?' Because there will be one.

    I'm thinking the odds are it will be this silly loan on energy bills, if that's still going ahead at all.

    Bound to be a generous-looking gimmick that falls apart under scrutiny.

    He's not got that much room to play with. TEN BILLION POUNDS sounds like a lot, but it's about £150 per person across the country, which will barely touch the sides of the problem. £3 a week.

    And the fiscal outlook for next year (which ideally will be election runup) looks worse than expected.

    And whilst not much of this is Rishi's fault, he will inevitably cop the blame.
    It seems that the triple lock on pensions will be reinstated for pensions and if that is matched on other benefits the bill is going to be billions
    Taxes up on working families.
    The time will come for some form of wealth tax
    Well vote Labour again then as you did in 1997 and 2001 because you certainly will not be getting a wealth tax from a Tory government
  • Options
    CarnyxCarnyx Posts: 39,804

    I understand the Met are receiving a considerable number of denials from their partygate enquiries and forms

    In these circumstances are we going to see many individual court cases and at what point does this get out of hand?

    It was always out of hand, surely.
  • Options
    state_go_awaystate_go_away Posts: 5,422
    Foxy said:

    tlg86 said:

    I notice that the February public borrowing figures didn't get any attention yesterday:

    https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/timeseries/dzls/pusf

    January (-£7bn) was pretty good, and not far off pre-COVID, but February (£13bn) is still not much better than last year and way worse than pre-COVID:


    Certainly my tax bill in Jan was the smallest in years, reflecting no private practice for six months in 2020. I am sure that I wasn't the only one paying less in. Not sure if that counts in Jan or Feb figures, usually the payment is made on 31 Jan, but clears a few days later.
    Whilst 31 Jan is the deadline , most pay a few days in advance so i would think most gets reflected in Jan . Also the Jan this year will have had tax receipts based on generous SEISS /furlough grants (taxable) .
  • Options
    CarnyxCarnyx Posts: 39,804
    Foxy said:

    Carnyx said:

    Foxy said:

    On Jamaica, there is a clear majority for Jamaica becoming a Republic:

    https://www.jamaicaobserver.com/news/55-of-respondents-say-the-queen-must-go_200465

    55% Republic, 30% Queen to remain HoS, 15% don't know/care.

    Hmm, and that is with Elizabeth in post. I can't imagine it would improve with Charles III (or George VII) in post.
    With HMQ looking so frail, I suspect that issue may arrive soon and be a breaking point for a few others too.
    Very much an end of era situation. I imagine it will be very much like clearing and selling the family house when an elderly parent dies. It's surprising how much of the old furniture, mental as well as physical, turns out to have been waiting on the event, and gets disposed of in the end.
  • Options
    Foxy said:

    Carnyx said:

    Foxy said:

    On Jamaica, there is a clear majority for Jamaica becoming a Republic:

    https://www.jamaicaobserver.com/news/55-of-respondents-say-the-queen-must-go_200465

    55% Republic, 30% Queen to remain HoS, 15% don't know/care.

    Hmm, and that is with Elizabeth in post. I can't imagine it would improve with Charles III (or George VII) in post.
    With HMQ looking so frail, I suspect that issue may arrive soon and be a breaking point for a few others too.
    I expect a lot to happen in this respect post HMQ
  • Options
    HYUFDHYUFD Posts: 117,030
    Heathener said:

    Meanwhile I'm delighted to see that Jamaica could be on the road to republicanism.

    It comes as a shock to many in this country that we built much of our wealth and success by invading countries, crushing people, stealing their land and their produce and selling their people into slavery. Vladimir Putin has nothing on the British empire.

    Reparations are due and the tide has rightly turned.

    https://news.sky.com/story/william-and-kate-jamaican-protester-says-couple-benefitting-from-her-great-great-grandparents-blood-tears-and-sweat-12572878

    What a load of rubbish.

    Nobody alive in Britain today was involved in slavery and we abolished slavery well before most European Empires, the Arab States and USA did.
    There will be no reparations.

    Otherwise we might as well claim reparations from Denmark for Viking raids and from Italy for the slaves the Romans took
This discussion has been closed.