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  • MaxPBMaxPB Posts: 39,342
    Wtf, even that graph is date of reporting. Mental.
  • CarlottaVanceCarlottaVance Posts: 60,252
    Pulpstar said:

    That was yesterday's test number too - also Scotland should provide tests also on a pro rata basis which it won't.
    If Scotland was testing at the same rate as EW they'd be running at about 7,000/day - Sturgeon's target is half that, and daily delivery sometimes a third of that target.

    https://www.bbc.co.uk/news/uk-scotland-52471298
  • williamglennwilliamglenn Posts: 52,925
    ukpaul said:

    Sounded a bit Lancashire to me,
    Generic Northern is the new RP.
  • rottenboroughrottenborough Posts: 63,563
    # in hospital in London looks to have ticked up to me.
  • JohnLilburneJohnLilburne Posts: 6,359

    Sorry how can there be 6,000 new cases after six weeks of well observed lockdown?????

    That's a physical impossibility isnt it????

    Who are these people going about infecting each other???
    We've tested a lot more people. A few days ago those people would have gone down with the virus, had symptoms but not been tested
  • tlg86tlg86 Posts: 26,309

    Why don't they give the egg heads their own clicker to control the slides?

    I haven't watched a press conference for weeks now. But last time I did, that fact was really irritating me!
  • FrancisUrquhartFrancisUrquhart Posts: 82,554
    First question....keep the grockles out.
  • ukpaulukpaul Posts: 649

    Sorry how can there be 6,000 new cases after six weeks of well observed lockdown?????

    That's a physical impossibility isnt it????

    Who are these people going about infecting each other???
    The answer is there in your question.

    "well observed lockdown?????"

    It's a weak lockdown that some are increasingly flouting. That suggests why. Also, my belief is that it is far more prevalent as an airborne virus and that is affecting closely knit accommodation.
  • Ave_itAve_it Posts: 2,411
    Good effort by Boris today - but he is still struggling a bit and will probably only reappear on 7 May for the lockdown review.

    We know we are getting the plan next week. Unlikely to be much change for 11 May, numbers appear to be moving in right direction so hopefully more substantive relaxation 1 June (ie + 3 weeks), including more social interaction and more businesses operating.

    Not pubs for a while!
  • AndreaParma_82AndreaParma_82 Posts: 4,714
    I think today is the best day for Italian numbers

    Active cases: 101.551 including 1.694 (-101) in ICU

    Deaths + 285 (total: 27.967)

    Healed/discharged +4693 (total: 75.945)
    Tests: 1.979.217 (+68.456)

    New cases: +1.872
  • Philip_ThompsonPhilip_Thompson Posts: 65,826

    Sorry how can there be 6,000 new cases after six weeks of well observed lockdown?????

    That's a physical impossibility isnt it????

    Who are these people going about infecting each other???
    You think we have a 100% lockdown?

    People ignoring the rules.
    People going to the shops.
    People going to work.
    People going for exercise.
  • TOPPINGTOPPING Posts: 43,112
    Interesting mis-step from Boris. Misunderstanding Michelle's question.
  • Sunil_PrasannanSunil_Prasannan Posts: 52,410
    Alistair said:

    Super cool population density visualisations. Beautiful rather than informative

    https://twitter.com/undertheraedar/status/1255605330647625728

    Yet Spain is mostly low density?
  • AndrewAndrew Posts: 2,900
    edited April 2020

    Sorry how can there be 6,000 new cases after six weeks of well observed lockdown?????

    That's a physical impossibility isnt it????

    Who are these people going about infecting each other???

    We're just picking up a lot more of them with much increased testing - same as Germany early on seemingly had a lot of cases and we didn't, it was mostly just a difference in testing. The actual % testing positive has fallen off a cliff in the last week though, down from something like 40% to a touch over 10% now.

    Infection models still have us at around 13k or so new infections per day, down from ~80k a month ago, so cases 6k sounds about right. That was the same ratio Germany had when they first hit these test numbers.

  • Andy_JSAndy_JS Posts: 33,204
    "Chris Patten urges UK to investigate origins of coronavirus in China
    Ex-Hong Kong governor also says China is ‘turning screws’ on city during pandemic"

    https://www.theguardian.com/world/2020/apr/30/chris-patten-urges-uk-investigate-coronavirus-origins-china
  • rottenboroughrottenborough Posts: 63,563

    Sorry how can there be 6,000 new cases after six weeks of well observed lockdown?????

    That's a physical impossibility isnt it????

    Who are these people going about infecting each other???
    Cos no lockdown, not run by the CCP, is perfect.

  • rottenboroughrottenborough Posts: 63,563
    lockdown?

    The leadership campaign is on hold for a year.
  • JohnLilburneJohnLilburne Posts: 6,359

    Why don't they give the egg heads their own clicker to control the slides?

    Having someone else to operate your clicker shows how important you are. They are senior public sector managers, not eggheads as such
  • PulpstarPulpstar Posts: 78,663
    Ah good, will know when I can have that holiday with the roadmap.
  • ukpaulukpaul Posts: 649

    You think we have a 100% lockdown?

    People ignoring the rules.
    People going to the shops.
    People going to work.
    People going for exercise.
    People hiding in pubs....
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    Good questions from the public. Very good questions.
  • rottenboroughrottenborough Posts: 63,563

    Why don't they give the egg heads their own clicker to control the slides?

    NHS guidelines.
  • PulpstarPulpstar Posts: 78,663
    ukpaul said:

    People hiding in pubs....
    https://www.thestar.co.uk/news/crime/sheffield-landlord-speaks-out-after-claims-customers-were-found-hiding-pub-cupboards-2562934
  • MaxPBMaxPB Posts: 39,342

    Good questions from the public. Very good questions.

    Intra UK tourism isn't a good question. Let's find out about people coming in and how the government is going to make sure it isn't a continual new source of infection.
  • DecrepiterJohnLDecrepiterJohnL Posts: 28,886
    tlg86 said:

    I haven't watched a press conference for weeks now. But last time I did, that fact was really irritating me!
    I've watched umpteen webex talks over the past few weeks and most do seem to have third-party slide control. Not sure why but there it is.
  • rottenboroughrottenborough Posts: 63,563
    edited April 2020

    Good questions from the public. Very good questions.

    Well, certainly raised a couple of issues that barely been mentioned by the journalists as they waste all their questions on asking when the lockdown will end.
  • TOPPINGTOPPING Posts: 43,112

    Good questions from the public. Very good questions.

    Yes. But Boris misunderstood one of them. Not like him. He is struggling.
  • MikeLMikeL Posts: 7,740
    I suspect Boris's style is (within reason) to always say the questioner is correct - to make them feel good - even if his answer is somewhat to the contrary.
  • dixiedeandixiedean Posts: 29,539

    Good questions from the public. Very good questions.

    Over to the Press....of course it is lockdown is affecting the economy. Implication...when will it end?
    Grrrrr!!!
  • DecrepiterJohnLDecrepiterJohnL Posts: 28,886
    ukpaul said:

    The answer is there in your question.

    "well observed lockdown?????"

    It's a weak lockdown that some are increasingly flouting. That suggests why. Also, my belief is that it is far more prevalent as an airborne virus and that is affecting closely knit accommodation.
    Ironically, that may mean lockdown is making things worse in these specific circumstances. As ever, more research is needed.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    edited April 2020
    TOPPING said:

    Yes. But Boris misunderstood one of them. Not like him. He is struggling.
    Indeed. Good he is back but he wouldn't be 100% under the circumstances.
  • PulpstarPulpstar Posts: 78,663
    MaxPB said:

    Intra UK tourism isn't a good question. Let's find out about people coming in and how the government is going to make sure it isn't a continual new source of infection.
    Disagree, it is a good question since we're going to have lots of it when restrictions are lifted. International tourism needs to be asked about too mind.
  • rkrkrkrkrkrk Posts: 8,420

    There wasn't too much upwards pressure because the markets could see the incoming government was serious about sorting it out.

    Had Darling remained Chancellor it would have gone up further as it did in other struggling European nations. We don't need to guess that we can see it.

    Thanks to the hardwork of Osborne we are in a much healthier position with a much smaller deficit going into this crisis than we had in 2010. Which is part of the reason why the yield is so low now.
    Rates fell from the start of the crisis to 2010 even as we borrowed incredible amounts. They are rock bottom now even though we have more debt than before and our deficit is going to be massive.

    Your thesis doesn't stack up.

    Instead, I think it's just that during a crisis people want to buy safe govt bonds. UK govt bonds are safe because we have our own currency.
  • MaxPBMaxPB Posts: 39,342
    Pulpstar said:

    Disagree, it is a good question since we're going to have lots of it when restrictions are lifted. International tourism needs to be asked about too mind.
    I just don't think it's that urgent, international travel is a much more pressing case.
  • TOPPINGTOPPING Posts: 43,112

    Indeed. Good he is back but he wouldn't be 100% under the circumstances.
    I suppose it is churlish of me to wish we had a PM at 100% at this time you know what with the global pandemic an' all.
  • kinabalukinabalu Posts: 43,288

    Ignoring the fact he couldn't choose (ii) would make it easier to bring the deficit back under control.

    Historically an average deficit under 2.5 to 3% over the long term was considered acceptable because GDP growth and inflation would keep debt to GDP under control then. The problem with Brown is he hubristically thought boom and bust was broken which is why he was arrogantly running a 2.8% deficit so he had no room left to go when the recession came.

    Let us imagine that this recession permanetly wipes out 5% of our tax base. In case (i) that means blowing the deficit out to 7.8% but in case (ii) it means blowing the deficit out to 6.2%. To bring the deficit back down safely to below 3% in case (i) means spending cuts or tax rises of 4.8% - to brink the deficit back down safely to below 3% in case (ii) means spending cuts or tax rises of 3.2%

    Case (i) needs 50% more tax rises or spending cuts than case (ii) does.

    That's without considering compound maths which we should all know the imporatance of by now.
    You are ignoring debt again when we have just finally agreed that it matters. It matters because we must not run up "unsustainable" debt. What is unsustainable as a number? We don't know. Nobody does. But what we do know is that 85% of GDP is closer to unsustainable than 40% is. Of course it is. It's more than double.

    OK. So we either start with 85% debt and have to tackle (over time) a 1.2% annual addition to it. Or we start with 40% debt and have to tackle an opening 2.8% annual addition to it. Which scenario is the more comfortable in terms of our objective of staying below a level of cumulative debt which is unsustainable?

    When contemplating this, please try to forget about Gordon Brown. He is not relevant.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    TOPPING said:

    I suppose it is churlish of me to wish we had a PM at 100% at this time you know what with the global pandemic an' all.
    If we had a Genie why not just wish for no global pandemic?
  • PulpstarPulpstar Posts: 78,663
    MaxPB said:

    I just don't think it's that urgent, international travel is a much more pressing case.
    Maybe one of these so called journalists will ask it.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    MaxPB said:

    I just don't think it's that urgent, international travel is a much more pressing case.
    There's probably more risk from domestic than international as it stands.
  • rkrkrkrkrkrk Posts: 8,420
    Boris just said we managed to coincide our peak with the lockdown.
    I think it might be more than a coincidence!
  • bigjohnowlsbigjohnowls Posts: 22,768

    Sorry how can there be 6,000 new cases after six weeks of well observed lockdown?????

    That's a physical impossibility isnt it????

    Who are these people going about infecting each other???
    Is it not due to higher levels of testing?
  • TOPPINGTOPPING Posts: 43,112

    If we had a Genie why not just wish for no global pandemic?
    Is a fully functioning PM such an impossible ask?
  • Morris_DancerMorris_Dancer Posts: 62,080
    Mr. Eadric, aren't we roughly average for deaths per million for most comparable nations?

    And don't we count almost every death that could feasibly be down to COVID-19 as being so, whereas other nations have tighter definitions? And our our figures include only hospital deaths, not care home deaths.

    Comparison are difficult. The only measure I've seen that has us worst is the Ed Conway graph which has a bloody weird measure.
  • kle4kle4 Posts: 96,855
    edited April 2020
    TOPPING said:

    I suppose it is churlish of me to wish we had a PM at 100% at this time you know what with the global pandemic an' all.
    No, but your anger at a PM not being present when ill or not being 100% suggests we are supposed to bring in a brand new PM, without any known public backing and unclear who would be best placed to command a parliamentary majority in those circumstances, whenever a PM drops below 100% fitness in a crisis, given you don't believe deputizing is sufficient. What I cannot figure out is how this rapid changing of PMs in a crisis, with it being entirely unclear who would fill the role, is supposed to lead to clearer more effective decision making.
  • MaxPBMaxPB Posts: 39,342
    TOPPING said:

    I suppose it is churlish of me to wish we had a PM at 100% at this time you know what with the global pandemic an' all.
    What's the alternative?
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    kinabalu said:

    You are ignoring debt again when we have just finally agreed that it matters. It matters because we must not run up "unsustainable" debt. What is unsustainable as a number? We don't know. Nobody does. But what we do know is that 85% of GDP is closer to unsustainable than 40% is. Of course it is. It's more than double.

    OK. So we either start with 85% debt and have to tackle (over time) a 1.2% annual addition to it. Or we start with 40% debt and have to tackle an opening 2.8% annual addition to it. Which scenario is the more comfortable in terms of our objective of staying below a level of cumulative debt which is unsustainable?

    When contemplating this, please try to forget about Gordon Brown. He is not relevant.
    There is no debt figure that is unsustainable per se. Records of UK debt go past 250% of GDP without a default.

    It is the deficit that determines sustainability.
  • TOPPINGTOPPING Posts: 43,112
    Ooh Chris getting a bit defensive. But why not learn on the job?
  • bigjohnowlsbigjohnowls Posts: 22,768
    Peston why are we the worst in Europe

    International comparisons are not helpful


    Funny we never heard that when we were clustered with others rather than the top of the shit outcomes (European) league.

  • MikeLMikeL Posts: 7,740
    Boris not giving anyone a follow-up question.
  • PulpstarPulpstar Posts: 78,663
    edited April 2020

    Is it not due to higher levels of testing?
    Well yes. I'd imagine the mild +ve cases will perhaps now isolate more than otherwise might have done too. Should help R.
  • Andy_CookeAndy_Cooke Posts: 5,045

    Sorry how can there be 6,000 new cases after six weeks of well observed lockdown?????

    That's a physical impossibility isnt it????

    Who are these people going about infecting each other???
    No. For obvious reasons.

    Rt isn't 0. People are still going around. Just fewer than before.

  • Andy_JSAndy_JS Posts: 33,204
    eadric said:

    In what way is the UK doing "very well" especially when "compared to many other countries"?

    Asking for 66 million friends

    We're doing relatively well for a country with both a very large total population and a very high population density. Every other country in Europe either has a lower total population or a lower population density (or both).
  • rkrkrkrkrkrk Posts: 8,420

    Peston why are we the worst in Europe

    International comparisons are not helpful


    Funny we never heard that when we were clustered with others rather than the top of the shit outcomes (European) league.

    Sounds to me like someone should hurry up and make the age adjusted all cause mortality graphs he's says we can use to compare.

    I suspect UK won't be doing well on that one either.
  • Richard_NabaviRichard_Nabavi Posts: 30,822
    Hmm, a German study seems to indicate children are as infectious as adults:

    https://www.theguardian.com/world/2020/apr/30/coronavirus-scientists-caution-against-reopening-schools
  • MikeLMikeL Posts: 7,740

    Peston why are we the worst in Europe

    International comparisons are not helpful


    Funny we never heard that when we were clustered with others rather than the top of the shit outcomes (European) league.

    Can easily rectify that - per head we are well below Spain and Italy.
  • eristdooferistdoof Posts: 5,067
    TOPPING said:

    Is a fully functioning PM such an impossible ask?
    For that you need a fully functioning electorate.
  • MaxPBMaxPB Posts: 39,342
    Pulpstar said:

    Well yes. I'd imagine the mild +ve cases will perhaps now isolate more than otherwise might have done too. Should help R.
    It's good because all of those 6000 people can be told to stay isolated at home or isolated in hospital, previously we were catching just half of them and 3000 would stay in contact with others and inadvertently infect them. The next step of the strategy is to bring in all of the people those 6000 gave been on contact with over the last 14 days and have them tested as well.
  • PulpstarPulpstar Posts: 78,663

    Hmm, a German study seems to indicate children are as infectious as adults:

    https://www.theguardian.com/world/2020/apr/30/coronavirus-scientists-caution-against-reopening-schools

    Well, no physical primary school for a while then !
  • CarlottaVanceCarlottaVance Posts: 60,252
    The article Whitty mentioned on why it's a mug's game to construct a league table of deaths:

    https://www.theguardian.com/commentisfree/2020/apr/30/coronavirus-deaths-how-does-britain-compare-with-other-countries
  • StereotomyStereotomy Posts: 4,092

    No. For obvious reasons.

    Rt isn't 0. People are still going around. Just fewer than before.

    I don't know why Nerys and contrarian keep highlighting this because it's also the flaw in their "Why don't just the vulnerable people isolate?". Because isolation isn't perfect. A vulnerable person is in much more danger trying to isolate in a region where few people have the disease than where many people have it.
  • eristdooferistdoof Posts: 5,067
    rkrkrk said:

    Boris just said we managed to coincide our peak with the lockdown.
    I think it might be more than a coincidence!

    Coincidence has two meanings.
  • PulpstarPulpstar Posts: 78,663
    Sweet Jesus. The lower the better, R below 1 OK. R above 1 Bad.
  • Sunil_PrasannanSunil_Prasannan Posts: 52,410
    ukpaul said:

    People hiding in pubs....
    Someone's been watching "Shaun of the Dead"?
  • PulpstarPulpstar Posts: 78,663
    edited April 2020

    I don't know why Nerys and contrarian keep highlighting this because it's also the flaw in their "Why don't just the vulnerable people isolate?". Because isolation isn't perfect. A vulnerable person is in much more danger trying to isolate in a region where few people have the disease than where many people have it.
    Eh ?

    A vulnerable person is in much more danger trying to isolate in a region where few people have the disease than where many people have it.

    Are you sure ?
  • bigjohnowlsbigjohnowls Posts: 22,768
    TOPPING said:

    Ooh Chris getting a bit defensive. But why not learn on the job?

    Chris is nearly as culpable as Boris

    I have noticed him get all defensive when people point out our relative poor performance, before.

    Whilst ever the "Actually we are an international exemplar in our response" attitude as stated by his Deputy is present. We aren't going to learn from actual International exemplar like Germany S Korea and NZ
  • Richard_NabaviRichard_Nabavi Posts: 30,822
    Pulpstar said:

    Well, no physical primary school for a while then !
    I think it contradicts what some other studies have found.

    You really do have to cut Boris and other leaders around the world some slack when there is so much uncertainty about this virus.
  • FoxyFoxy Posts: 49,618

    Hmm, a German study seems to indicate children are as infectious as adults:

    https://www.theguardian.com/world/2020/apr/30/coronavirus-scientists-caution-against-reopening-schools

    My paediatric colleagues seem to be finding the Kawasaki like syndrome in children perhaps isn't very rare either.
  • FrancisUrquhartFrancisUrquhart Posts: 82,554

    Peston why are we the worst in Europe

    International comparisons are not helpful


    Funny we never heard that when we were clustered with others rather than the top of the shit outcomes (European) league.

    Actually they did. From pretty much the very beginning, the egg heads have said this.
  • Sunil_PrasannanSunil_Prasannan Posts: 52,410
    Pulpstar said:

    Eh ?
    Should be "A vulnerable person is in much less danger trying to isolate in a region where few people have the disease than where many people have it".
  • eristdooferistdoof Posts: 5,067
    Andy_JS said:

    We're doing relatively well for a country with both a very large total population and a very high population density. Every other country in Europe either has a lower total population or a lower population density (or both).
    Russia and Germany and monaco also fit into the classification " Every other country in Europe either has a lower total population or a lower population density (or both)."
  • Richard_NabaviRichard_Nabavi Posts: 30,822
    Foxy said:

    My paediatric colleagues seem to be finding the Kawasaki like syndrome in children perhaps isn't very rare either.
    That's worrying.
  • PulpstarPulpstar Posts: 78,663
    I think Boris is looking better today certainly than he was when he did the No 10 announcement.
    Definitely recovering.
  • eekeek Posts: 28,797
    MaxPB said:

    I just don't think it's that urgent, international travel is a much more pressing case.
    For a UK tourism business any customers are potentially good news.
  • PulpstarPulpstar Posts: 78,663

    Should be "A vulnerable person is in much less danger trying to isolate in a region where few people have the disease than where many people have it".
    Well that's logical but not what he's saying. Perhaps it's a typo or a counterintuitive statement, am not sure though.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    TOPPING said:

    Is a fully functioning PM such an impossible ask?
    When the PM nearly died a couple of weeks ago and was in hospital for the birth of a child?
  • MaxPBMaxPB Posts: 39,342
    eek said:

    For a UK tourism business any customers are potentially good news.
    Indeed, domestic tourism is probably going to be the best available for a while and hopefully internal travel within the UK won't be too bad soon, especially if there is a track and trace strategy up and running. I think we'll need capacity for 200k tests per day to really make it work though.
  • kinabalukinabalu Posts: 43,288
    edited April 2020
    MaxPB said:

    It's quite simple really, assets hold value based on their returns, make the returns negative and the asset value drops, usually quite significantly.
    The value of an asset does indeed depend on expected returns. So if an annual tax is levied on a property - where before there was no such tax - it's value will indeed fall.

    But the question was - why does this mean that the tax will not raise lots of money for HMRC?
  • eristdooferistdoof Posts: 5,067
    Foxy said:

    My paediatric colleagues seem to be finding the Kawasaki like syndrome in children perhaps isn't very rare either.
    But according to Contrarian that is irrelevant because
    "The number of people who have died in hospital from Corona with no pre-existing condition is 250 from age 0-60. Even for 0-80 its under 750. Out of 20,000."
  • Andy_JSAndy_JS Posts: 33,204

    Hmm, a German study seems to indicate children are as infectious as adults:

    https://www.theguardian.com/world/2020/apr/30/coronavirus-scientists-caution-against-reopening-schools

    Expecting scientists to agree with each other after such a short time is a bit unrealistic.
  • MattWMattW Posts: 24,370
    Looking at those company results, a hike in Corporation Tax doesn't look much like a revenue boost for a few years...
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    Pulpstar said:

    Eh ?

    A vulnerable person is in much more danger trying to isolate in a region where few people have the disease than where many people have it.

    Are you sure ?
    Yes. Its like herd immunity when you can't get a vaccine for medical reasons - if you are vulnerable then the fewer other people passing the virus on the less risk you are in.
  • DecrepiterJohnLDecrepiterJohnL Posts: 28,886
    Bet365 is getting its money's worth.
  • bigjohnowlsbigjohnowls Posts: 22,768
    rkrkrk said:

    Sounds to me like someone should hurry up and make the age adjusted all cause mortality graphs he's says we can use to compare.

    I suspect UK won't be doing well on that one either.
    There is bound to be a correlation IMO.

    Its unrealistic to expect people not to make ongoing comparisons until the excess deaths data is available
  • FrancisUrquhartFrancisUrquhart Posts: 82,554
    I see we are finally tiptoeing towards, wear a bloody mask.
  • TheuniondivvieTheuniondivvie Posts: 42,389
    At last, now we can expect efficient British face covering as opposed to that inferior Scotch kind.

    https://twitter.com/Torcuil/status/1255899702085722113?s=20
  • PulpstarPulpstar Posts: 78,663
    81611 tests is very good. Pound for pound more than Germany !
  • Pulpstar said:

    81611 tests is very good. Pound for pound more than Germany !

    Deflates Beth Rigby
  • eristdooferistdoof Posts: 5,067

    I see we are finally tiptoeing towards, wear a bloody mask.

    Better to wear one which has no blood on it.
  • TGOHF666TGOHF666 Posts: 2,052

    81k is for the 29th. Still could reach target by month end.
    Just 1,557 from the Scotch.

    <2% of the total.
  • FoxyFoxy Posts: 49,618

    That's worrying.
    Yes our Paeds teams have pulled back some of their staff on redeployment.

    France and Italy are finding it too.

    https://twitter.com/PrachiSrivas/status/1255898319727009792?s=09

    https://twitter.com/thegarance/status/1255891218581594116?s=19

    It is thought to be an inflammatory response triggered by viral infection.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    kinabalu said:

    The value of an asset does indeed depend on expected returns. So if an annual tax is levied on a property - where before there was no such tax - it's value will indeed fall.

    But the question was - why does this mean that the tax will not raise lots of money for HMRC?
    Because falling value means no Capital Gains Tax.
  • TGOHF666 said:

    Just 1,557 from the Scotch.

    <2% of the total. </p>
    Scots - Scotch is for drinking
  • TGOHF666TGOHF666 Posts: 2,052

    Scots - Scotch is for drinking
    or eggs or broth or tape.

    Scotch tape is so called because the original design skimped on adhesive over the full width - was seen as parsimonious.
  • MattWMattW Posts: 24,370
    Carnyx said:

    And the coastal fringe NE-about to Inverness. Wales is just the opposite.

    Very nice maps.
    Love that Paris pop density is a model of the Eiffel Tower.
  • PulpstarPulpstar Posts: 78,663
This discussion has been closed.