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A UK recession in 2022? – politicalbetting.com

I’m not keen on this betting market from Smarkets, despite the grim news from Andrew Bailey and the Bank of England earlier on this week.
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recession 2023
Meanwhile Leeds United look woeful fortunately.
https://twitter.com/seanjonesqc/status/1523282002568302594
https://twitter.com/rbb24/status/1523253081072599040
Looks at the Tory front bench.
You're saying we *should* bet on a 2023 election?
Love him in Sex Education.
It’s a difficult betting market though, any recession could be very technical, or subsequently revised so the “correct” answer comes after the market has settled. That much is made clear by Smarkets though.
Thankfully we no longer have FoM with the EU, which will reduce the unemployment count in the downturn - even if people spend time temporarily under-employed.
Even if it does meet the technical definition.
Boris Johnson bins plan to let workers keep tips
UK ministers are shelving plans to ensure that workers keep their tips, despite having first promised to do six years ago, in a move that has angered trade unions.
Paul Scully, the business minister, announced in September that the government would take action to make it illegal for employers to withhold tips from workers. The plan was designed to prevent restaurants from the increasingly common practice of taking a share of tips rather than passing them on to staff.
The idea had been on the back burner since it was first put forward by Sajid Javid when he was business secretary in 2016. But government insiders say that the idea has been dropped from the Queen’s Speech on May 10.
And so on and so on.
BEIS suggested that the government would encourage that “industry best practice” on tipping should be applied by employers.
“Workers should absolutely get the tips they deserve, and customers should have reassurance that their money is rewarding staff for their hard work and good service,” said a BEIS spokesperson. They added that under existing legislation, tips cannot count towards minimum wage pay.
https://www.ft.com/content/bbf6ca4b-0405-4ca7-bb31-990b55ee75cd (£££)
Here is the government confirming its original plans just last year:
https://www.gov.uk/government/news/all-tips-to-go-to-staff-under-government-plans-to-enhance-rights-of-2-million-workers
I know PB is a safe space for the tragic (I include myself in this) but I don’t think any of us are THAT sad
It was because the writing and stories were really, really poor. Nothing I've seen online suggests it's got much better. Which is a shame, really.
Theresa May, Gordon Brown and others have all made appalling GE timing errors.
The problem with Jodie Whitaker is the producers lost their nerve about a woman doctor, tested the notion to death with lady masters and mothers, then surrounded JW with half a dozen halfwits and told her to gabble her lines.
That didn't mean the tories have gained seats overall in the red wall seats, of course, just that they didn't lose as many in these areas
We still have a government spending like crazy on things such as the NHS but there will be strikes in the public sector about wages falling behind in the second half of the year too. We may be talking about a few tenths here or there this year but it still seems likely to me. Next year, unless things seriously change, it is likely to be worse.
A lot depends on how well/badly Europe deals with the oncoming inflationary storm too. Domestic demand will dip over the summer but external demand may actually crash because everything that's happening in the UK is also happening all across the continent without the benefit of 5-7% pay increases and a higher disposable income starting point or the ability to live with higher average levels of credit.
https://www.statista.com/statistics/1175538/monthly-gdp-uk/
Supply constraints from the pandemic are holding the economy back, as are high fuel prices.
(His bolt holes include property, especially forests. Two-thirds of Sweden, the 5th largest country in Europe, is forest.)
The Chinese are utterly bonkers with their Covid restrictions and that is going to royally screw the global economy. I'm actually quite flabbergasted how badly they're playing this - and how little attention its getting. The story in China should be the second-biggest story of the year, after Ukraine/Russia but very few people seem to be paying attention to it.
What was foolish was letting Nick Timothy write the manifesto, especially if the aim was to get a blank cheque mandate for her version of Brexit.
For more on this and other news visit http://trib.al/Rx0iR33
I never thought there was anything fundamental to the character of the Doctor that meant it couldn't be portrayed by a woman - certainly, the idea is far less preposterous than a female James Bond - but by all accounts the writing badly let Whittaker down.
F1: after some agonising, backed Bottas to win group 1 (other drivers are all British) at 3.3.
https://enormo-haddock.blogspot.com/2022/05/miami-pre-race-2022.html
[And I'm off].
I may need some recommendations as I might be going there shortly
It was a winter morning so the sun was therefore low in the sky and as the coffin was put in the grave a shaft of sunlight shone across the river (it was across from Dovercourt) and right across the grave.
Almost like the path to the Land of Youth.
"One guaranteed bet I’m going to (continue to) make is laying a 2023."
I too am confident that the apocalypse is imminent.
They will get a lot quieter Q4 as the prices keep going up, fuel bills become more of a factor and pay and pension rises generally don't occur until Q1/Spring.
Were you there?
A PB-er was deffo there. I recall reading their travelogue with interest
*chin stroke*
I think their time coincided with William Hartnell becoming somewhat difficult.
His work is still fondly remembered by fans.
I wasn’t there, I remember his sad passing being mentioned and discussed at the time. He had contributed to some of the dvd range with interviews.
“preparing for work through a skills programme consisting of:
a work experience placement, or
work preparation training;
applying for, and obtaining, work;
meeting a requirement for a particular area of work;
professional training that is working towards an external accreditation recognised by a professional body; or
exams and assessments carried out in connection with any of the above matters.”
I don’t think “we thought it was reasonably necessary” quite stands up. In addition;
“Anyone organising a permitted gathering in accordance with one of the above exceptions is legally required to take all reasonable measures to limit the risk of transmission of coronavirus, including taking into account “any guidance issued by the Government which is relevant to the gathering”.”
Relevant guidance? Surely the campaigning guidance for the then upcoming local elections;
“Meetings to organise and plan campaigns should be held online or over the phone. They should not take place in person. Where campaigners must attend in person, for example to collect printed materials, this should be organised on a one by one basis. Campaigners should keep two metres apart and follow the guidance on how to stop the spread of coronavirus at all times.”
Biden, 79, was speaking at the launch of the Additive Manufacturing Forward initiative in Ohio with Senators Sherrod Brown and Rob Portman when he recalled the encounter with rail worker Angelo Negri.
He appears to shift the date of the meeting from his last retelling, where he claimed it happened in 2015, to before the death of his mother in January 2010, when he was Vice President.
https://www.dailymail.co.uk/news/article-10793245/Biden-repeats-false-story-encounter-Amtrak-conductor-SEVENTH-time.html
It seemed rather sad. He was definitely an asset to our community.
.
https://www.amazon.com/King-Zog-Albania-Europes-Self-Made/dp/0814782833
‘Cos if it happens chances are the winner won’t be around to collect
Does that class as news nowadays? My granddad has a few stories he loves to tell. The general gist of the story stay the same, but a few facts change in each retelling.
J-L Cauvin
@JLCauvin
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33m
The media is sharing that Jill Biden visited Ukraine.
And yet they are silent about Melania Trump starting a channel on YouPorn.
The pro Biden bias is disgraceful.
The Doctor is a complex character who has made some seriously dubious decisions - particularly by todays standards. Exterminating intelligent species, for example.
“You would make a good Dalek.”
As the the half drowned survivors in Fermanagh and Tyrone claw their way on to the few bits of radiated high ground to emerge from the tsunami somebody's bound to ask about the NI protocol
Rishi Sunak has been forced to outsource key aspects of the Treasury’s post-Brexit legal work after admitting that his department does not have the resources necessary to unleash an overhaul of financial regulation.
Hogan Lovells, a top City law firm, has been brought in to advise the Government on everything from regulatory equivalence and crypto assets, to trade deals and the powers and duties of the Bank of England and the City watchdog.
The Treasury admitted that its in-house legal team was “unable to support the demand” the department has for legal services as it reshapes Britain’s financial services regulation post-Brexit, according to official documents.
It said this was owing to “a period of continued change as the UK consolidates its position, both internationally and domestically, following its exit from the EU”.
https://www.telegraph.co.uk/business/2022/05/08/rishi-sunak-admits-outsourcing-key-aspects-post-brexit-legal/
Napoleon makes much more sense when you factor in the deep and quite crazy politics he was juggling at home. Yet many histories have him marching around the map without a cae.
Unfortunately, Whittaker was crap.