We all remember OGH’s 50/1 bet on Obama. Well, I’ve got another for you! 50/1 on Mark Carney to be next leader of the Liberal Party of Canada. Oh… sorry, no, the bookies are offering 1/50 on Carney. Bet £50 and win £1 if he is elected.
Yes Carney looks the man to beat and with Trump threatening tariffs on Canada and annexation, polls show if he replaced Trudeau the Liberals could even tie Poilievre's Conservatives
Nice chart for @rcs1000 As Russ Doshi and Michael Pettis have highlighted this morning, the deficits of the US and the UK and for that matter India are the fuel that allows others to run surpluses ... https://x.com/Brad_Setser/status/1894397794724507824
A few weeks ago in Saskatoon, I met a four-year old girl named Ari. She asked me, “Can you stop Trump from invading Canada?”
Ari is a smart little girl. She is asking the right question.
I'm running to lead the Liberal Party and to be Canada’s next Prime Minister, because Donald Trump is posing the gravest threat we have faced since the Second World War. https://x.com/cafreeland/status/1894192949149536736
A few weeks ago in Saskatoon, I met a four-year old girl named Ari. She asked me, “Can you stop Trump from invading Canada?”
Ari is a smart little girl. She is asking the right question.
I'm running to lead the Liberal Party and to be Canada’s next Prime Minister, because Donald Trump is posing the gravest threat we have faced since the Second World War. https://x.com/cafreeland/status/1894192949149536736
Freeland, Carney and indeed the other candidates are all pretty much taking the same line on Trump.
See latest polling in Canada has the Liberals closing to within 3 points. Astonishing change in a month. Whilst in the Uk YouGov have four parties within 9 points of each other, the Lib Dems now on 16%, .
See latest polling in Canada has the Liberals closing to within 3 points. Astonishing change in a month. Whilst in the Uk YouGov have four parties within 9 points of each other, the Lib Dems now on 16%, .
Off topic, if any kind-hearted PB'ers are willing to spare a couple of minutes from your very busy day to sign a petition to the UK government urging it to seek to rejoin the EU pet passport scheme, to make life easier and cheaper for us pet globetrotters, the link is here:
Off topic, if any kind-hearted PB'ers are willing to spare a couple of minutes from your very busy day to sign a petition to the UK government urging it to seek to rejoin the EU pet passport scheme, to make life easier and cheaper for us pet globetrotters, the link is here:
Off topic, if any kind-hearted PB'ers are willing to spare a couple of minutes from your very busy day to sign a petition to the UK government urging it to seek to rejoin the EU pet passport scheme, to make life easier and cheaper for us pet globetrotters, the link is here:
Odd how someone who isn't even an MP in Canada atm can be a top candidate to be leader of the Liberals and PM.
Further oddities about the Canadian Liberal Party leadership election...
- Candidates have to pay $300k to run. - But there is no membership fee to be in the Liberal Party, so voting members haven't paid anything. - 14 year olds can vote. - They use AV to count the votes. - Voters are weighted by constituency. Each constituency gets equal weight, so in effect Liberal Party members in places of relative weakness get more say per person than Party members in places of relative strength. (This is the opposite of Presidential candidate primaries in the US.)
A few weeks ago in Saskatoon, I met a four-year old girl named Ari. She asked me, “Can you stop Trump from invading Canada?”
Ari is a smart little girl. She is asking the right question.
I'm running to lead the Liberal Party and to be Canada’s next Prime Minister, because Donald Trump is posing the gravest threat we have faced since the Second World War. https://x.com/cafreeland/status/1894192949149536736
Freeland, Carney and indeed the other candidates are all pretty much taking the same line on Trump.
There was a much more pro-Trump candidate, Ruby Dhalla, a former MP, but she was disqualified for breaking campaign finance rules and failing to disclose the involvement of a non-Canadian citizen in her campaign. She denies the allegations.
Off topic, if any kind-hearted PB'ers are willing to spare a couple of minutes from your very busy day to sign a petition to the UK government urging it to seek to rejoin the EU pet passport scheme, to make life easier and cheaper for us pet globetrotters, the link is here:
"us pet globetrotters"? Have you just outed yourself as actually being the dog in your photos?
Tut, not enough insight. As Matt Ridley once pointed out, it's a good quesiton whether humans are exploiting (certain species of) grasses or grasses humans.
Likewise, who is the master and who the pet in this relationship?
Off topic, if any kind-hearted PB'ers are willing to spare a couple of minutes from your very busy day to sign a petition to the UK government urging it to seek to rejoin the EU pet passport scheme, to make life easier and cheaper for us pet globetrotters, the link is here:
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
The UK spends more on housing benefit than it does on most government departments. This feeds into rental price inflation. It's expected to rise to £35 billion by 2027/28 with these additional sums chasing up rental levels.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
The UK spends more on housing benefit than it does on most government departments. This feeds into rental price inflation. It's expected to rise to £35 billion by 2027/28 with these additional sums chasing up rental levels.
Maybe it would be cheaper if the government just built and owned some housing. We could get councils to run that activity. Perhaps we could call it "council housing".
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
The state pension is now roughly the same as a person’s individual tax allowance. As we need extra money for defense we can no longer support the triple lock and will return to the old double lack excluding wages.
That should really have been Starmer’s announcement today - instead the cuts to foreign aid makes that sort of long term decision harder
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
I understand the point you are making I think but 3bn is not 1.2% of GDP.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
You have misplaced your decimal point there. You're an order of magnitude out.
Off topic, if any kind-hearted PB'ers are willing to spare a couple of minutes from your very busy day to sign a petition to the UK government urging it to seek to rejoin the EU pet passport scheme, to make life easier and cheaper for us pet globetrotters, the link is here:
"us pet globetrotters"? Have you just outed yourself as actually being the dog in your photos?
Tut, not enough insight. As Matt Ridley once pointed out, it's a good quesiton whether humans are exploiting (certain species of) grasses or grasses humans.
Likewise, who is the master and who the pet in this relationship?
Currently only one of the pair can have the other euthanised, so I have a fair idea.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
I meant an extra 0.2% to Ukraine, not 0.2% in total.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
I understand the point you are making I think but 3bn is not 1.2% of GDP.
I overestimated afaics ! I guestimated £2.5bn.
GDP is estimated to grown by 0.4% in December compared to November. This followed growth of 0.1% in November. The services sector grew by 0.4% in December and production grew by 0.5%, but construction fell by 0.2%. In cash terms, GDP was £2,848 billion in 2024.
3/2848 = 1.05%.
So for 0.2% it would have to be £5.7 bn for Ukraine.
Touching the triple lock after the WFA would be disastrous politically. Could the government have borrowed more ? I’m not sure about that but there were 3 options available and Labour went for the least damaging to their future prospects . Cynical it might be but welcome to the world of politics!
The public well of sympathy for overseas aid isn’t what it was and I’m sorry to say that the outcry amongst charities and social media isn’t going to be representative of the public at large .
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
I understand the point you are making I think but 3bn is not 1.2% of GDP.
I don't, as we're supposed now to be sending £4.5b in military aid this year, which is around 0.17% of GDP. I'm not entirely sure what the number is for financial aid ?
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
I understand the point you are making I think but 3bn is not 1.2% of GDP.
I overestimated afaics ! I guestimated £2.5bn.
GDP is estimated to grown by 0.4% in December compared to November. This followed growth of 0.1% in November. The services sector grew by 0.4% in December and production grew by 0.5%, but construction fell by 0.2%. In cash terms, GDP was £2,848 billion in 2024.
3/2848 = 1.05%.
So for 0.2% it would have to be £5.7 bn for Ukraine.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
The UK spends more on housing benefit than it does on most government departments. This feeds into rental price inflation. It's expected to rise to £35 billion by 2027/28 with these additional sums chasing up rental levels.
Nearly all those council houses are BTL rental properties now.
We are living the legacy of Mrs Thatcher's Right To Buy. We have privatised the assets, and now will be paying forever.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
The UK spends more on housing benefit than it does on most government departments. This feeds into rental price inflation. It's expected to rise to £35 billion by 2027/28 with these additional sums chasing up rental levels.
Nearly all those council houses are BTL rental properties now.
We are living the legacy of Mrs Thatcher's Right To Buy. We have privatised the assets, and now will be paying forever.
You can’t blame Thatcher for the insane immigration policies after she left office.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
The UK spends more on housing benefit than it does on most government departments. This feeds into rental price inflation. It's expected to rise to £35 billion by 2027/28 with these additional sums chasing up rental levels.
Nearly all those council houses are BTL rental properties now.
We are living the legacy of Mrs Thatcher's Right To Buy. We have privatised the assets, and now will be paying forever.
You can’t blame Thatcher for the insane immigration policies after she left office.
Why are you putting words in Foxy's mouth ?
Her housing policy is what he's rightly criticising.
Can @Foxy (or anybody else) tell me the difference between an Out Patient and a Day Patient at a hospital, and how to tell easily? eg Will the letter be different?
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations. Taxi each way and discomfort until the next day.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Touching the triple lock after the WFA would be disastrous politically. Could the government have borrowed more ? I’m not sure about that but there were 3 options available and Labour went for the least damaging to their future prospects . Cynical it might be but welcome to the world of politics!
The public well of sympathy for overseas aid isn’t what it was and I’m sorry to say that the outcry amongst charities and social media isn’t going to be representative of the public at large .
If we spend more on defence for Ukraine, we won’t have enough military equipment overseas aid spare to send to Yemen, Syria, etc.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Starmer is moving 0.2% of GDP from aid to defence. Why not just keep the budgets the same, but make clear that 0.2% of the aid budget will go to Ukraine in military aid?
Perhaps because 0.2% of GDP will not be going to Ukraine?
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
I understand the point you are making I think but 3bn is not 1.2% of GDP.
I overestimated afaics ! I guestimated £2.5bn.
GDP is estimated to grown by 0.4% in December compared to November. This followed growth of 0.1% in November. The services sector grew by 0.4% in December and production grew by 0.5%, but construction fell by 0.2%. In cash terms, GDP was £2,848 billion in 2024.
3/2848 = 1.05%.
So for 0.2% it would have to be £5.7 bn for Ukraine.
Touching the triple lock after the WFA would be disastrous politically. Could the government have borrowed more ? I’m not sure about that but there were 3 options available and Labour went for the least damaging to their future prospects . Cynical it might be but welcome to the world of politics!
The public well of sympathy for overseas aid isn’t what it was and I’m sorry to say that the outcry amongst charities and social media isn’t going to be representative of the public at large .
There are few points where you can make politically unpopular changes and get away with because you have a justified reason.
This is one of them where the better option would have been bin the triple lock or increase taxes because you have someone else to blame.
Now when taxes need to be increased (because seeing the finances they need to be) or the triple lock removed (because again it will need to be) there won’t be any chance you can blame the changes on the orange peril in Washington
Can @Foxy (or anybody else) tell me the difference between an Out Patient and a Day Patient at a hospital, and how to tell easily? eg Will the letter be different?
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Technically it is an outpatient procedure, but the boundary can be a bit blurred.
Can @Foxy (or anybody else) tell me the difference between an Out Patient and a Day Patient at a hospital, and how to tell easily? eg Will the letter be different?
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Technically it is an outpatient procedure, but the boundary can be a bit blurred.
Touching the triple lock after the WFA would be disastrous politically. Could the government have borrowed more ? I’m not sure about that but there were 3 options available and Labour went for the least damaging to their future prospects . Cynical it might be but welcome to the world of politics!
The public well of sympathy for overseas aid isn’t what it was and I’m sorry to say that the outcry amongst charities and social media isn’t going to be representative of the public at large .
There are few points where you can make politically unpopular changes and get away with because you have a justified reason.
This is one of them where the better option would have been bin the triple lock or increase taxes because you have someone else to blame.
Now when taxes need to be increased (because seeing the finances they need to be) or the triple lock removed (because again it will need to be) there won’t be any chance you can blame the changes on the orange peril in Washington
Cutting the triple lock will only happen if it’s a cross party decision . It’s now electoral kryptonite to go anywhere near it .
Labour burnt a lot of political capital on the WFA and that would be nothing compared to what would happen if they touched the triple lock .
Can @Foxy (or anybody else) tell me the difference between an Out Patient and a Day Patient at a hospital, and how to tell easily? eg Will the letter be different?
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Technically it is an outpatient procedure, but the boundary can be a bit blurred.
Particularly in ophthalmology ?
Opthalmology, indeed.
I'll hunt out the letter to see if it is sufficiently blurred, but this feels like I'm being a bit optimistic.
Even if I get it through, I only upgrade the policy in January, so the payment may be at the previous lower value - even though I did get the larger one for glasses and teeth whcih go up at once. The joys of small print.
Although this aid cut will go down very badly with charities I expect in the wider public using that to increase the defence budget will play well .
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
What the government spend money on and what the public thinks we spend on are miles apart. Junk the Triple lock to fund defence.
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
The UK spends more on housing benefit than it does on most government departments. This feeds into rental price inflation. It's expected to rise to £35 billion by 2027/28 with these additional sums chasing up rental levels.
Nearly all those council houses are BTL rental properties now.
We are living the legacy of Mrs Thatcher's Right To Buy. We have privatised the assets, and now will be paying forever.
Yet since 1990 no govt looked to right the wrong 🤷♂️
Can @Foxy (or anybody else) tell me the difference between an Out Patient and a Day Patient at a hospital, and how to tell easily? eg Will the letter be different?
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Technically it is an outpatient procedure, but the boundary can be a bit blurred.
Particularly in ophthalmology ?
Opthalmology, indeed.
I'll hunt out the letter to see if it is sufficiently blurred, but this feels like I'm being a bit optimistic.
Even if I get it through, I only upgrade the policy in January, so the payment may be at the previous lower value - even though I did get the larger one for glasses and teeth whcih go up at once. The joys of small print.
(Update: rabbit hole time. The letter they sent me afterwards says "discharge summary", which implies admission ~ day patient => £100. Now to find the one that booked it.)
Can @Foxy (or anybody else) tell me the difference between an Out Patient and a Day Patient at a hospital, and how to tell easily? eg Will the letter be different?
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Technically it is an outpatient procedure, but the boundary can be a bit blurred.
Particularly in ophthalmology ?
Opthalmology, indeed.
I'll hunt out the letter to see if it is sufficiently blurred, but this feels like I'm being a bit optimistic.
Even if I get it through, I only upgrade the policy in January, so the payment may be at the previous lower value - even though I did get the larger one for glasses and teeth which go up at once. The joys of small print.
Promising news. The commitment to 2.5% by 2027 is the basic, but the announcement to increase defence spending to 3% of GDP in the next parliament is crucially important.
Can @Foxy (or anybody else) tell me the difference between an Out Patient and a Day Patient at a hospital, and how to tell easily? eg Will the letter be different?
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Technically it is an outpatient procedure, but the boundary can be a bit blurred.
Particularly in ophthalmology ?
Opthalmology, indeed.
I'll hunt out the letter to see if it is sufficiently blurred, but this feels like I'm being a bit optimistic.
Even if I get it through, I only upgrade the policy in January, so the payment may be at the previous lower value - even though I did get the larger one for glasses and teeth which go up at once. The joys of small print.
Sympathies. Diabetic retinopathy ?
Macular oedema (English: fluid build-up bulging the lens slightly which can blur acuity of eyesight - my bulge is central). One eye. First treatment. I took it back below the threshold as a result of switching to a pump last autumn, but after discussion with the consultant we decided to go ahead.
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
Reduce it to AUKUS and have Australia annex New Zealand.
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
If that's true then any attempt by Starmer to talk sense into Trump is likely to fail and very soon. Starmer will have to revise his defence plans immediately.
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
There’s a peculiarly spiteful edge to their behaviour with Canada that goes beyond what they do with other countries. Sibling rivalry I suppose.
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
There’s a peculiarly spiteful edge to their behaviour with Canada that goes beyond what they do with other countries. Sibling rivalry I suppose.
It may have since been denied, but the fact that the FT reported it suggests a degree of credibility to the story.
We do live in unusual times. ..I am told yesterday was the 1st time since 1945 the US voted with Russia & against Europe at the UN on an issue of European security.. https://x.com/BBCJLandale/status/1894330556386533429
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
When he gets the invite from the King tomorrow, it should list all of his Commonwealth Realms; especially Canada.
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
There’s a peculiarly spiteful edge to their behaviour with Canada that goes beyond what they do with other countries. Sibling rivalry I suppose.
Touching the triple lock after the WFA would be disastrous politically. Could the government have borrowed more ? I’m not sure about that but there were 3 options available and Labour went for the least damaging to their future prospects . Cynical it might be but welcome to the world of politics!
The public well of sympathy for overseas aid isn’t what it was and I’m sorry to say that the outcry amongst charities and social media isn’t going to be representative of the public at large .
There are few points where you can make politically unpopular changes and get away with because you have a justified reason.
This is one of them where the better option would have been bin the triple lock or increase taxes because you have someone else to blame.
Now when taxes need to be increased (because seeing the finances they need to be) or the triple lock removed (because again it will need to be) there won’t be any chance you can blame the changes on the orange peril in Washington
Cutting the triple lock will only happen if it’s a cross party decision . It’s now electoral kryptonite to go anywhere near it .
Labour burnt a lot of political capital on the WFA and that would be nothing compared to what would happen if they touched the triple lock .
Which is very much why you do it now when you can point at Russia / Trump and say sorry but needs absolutely must
FT Exclusive: Peter Navarro, one of the US president’s closest advisers, is pushing for the US to remove Canada from the Five Eyes intelligence-sharing network.. https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
When he gets the invite from the King tomorrow, it should list all of his Commonwealth Realms; especially Canada.
Comments
First again.
Serbian President: Serbia accidentally supported European resolution on Ukraine at the UN
EU resolution, supported by Ukraine and its European allies, explicitly condemned Russia's actions in Ukraine and was adopted with 93 votes in favor, 18 against.
https://x.com/EuromaidanPress/status/1894387060997316745
Odds look too tight to me*, but Carney looks a very likely winner.
*I know f-all about Canadian politics. But scandals/gaffes happen.
https://edmontonjournal.com/business/leger-poll-carney-liberals-tied-with-conservatives
https://www.youtube.com/watch?v=_CI6wrifwHQ
A whole minute of Liz trying to scupper OP's 1/50 bet.
As Russ Doshi and Michael Pettis have highlighted this morning, the deficits of the US and the UK and for that matter India are the fuel that allows others to run surpluses ...
https://x.com/Brad_Setser/status/1894397794724507824
A few weeks ago in Saskatoon, I met a four-year old girl named Ari. She asked me, “Can you stop Trump from invading Canada?”
Ari is a smart little girl. She is asking the right question.
I'm running to lead the Liberal Party and to be Canada’s next Prime Minister, because Donald Trump is posing the gravest threat we have faced since the Second World War.
https://x.com/cafreeland/status/1894192949149536736
Whilst in the Uk YouGov have four parties within 9 points of each other, the Lib Dems now on 16%, .
*assumed - why else would he get Truss on?
Also, if even the Guardian can correctly use the apostrophe...
Outcry as DC US attorney claims he and colleagues are ‘President Trump’s lawyers’
https://www.theguardian.com/us-news/2025/feb/24/us-attorney-trump-lawyers
https://petition.parliament.uk/petitions/701540
There weren’t many options open to the government , putting up taxes or cutting more from public services wasn’t a choice they wanted to make .
- Candidates have to pay $300k to run.
- But there is no membership fee to be in the Liberal Party, so voting members haven't paid anything.
- 14 year olds can vote.
- They use AV to count the votes.
- Voters are weighted by constituency. Each constituency gets equal weight, so in effect Liberal Party members in places of relative weakness get more say per person than Party members in places of relative strength. (This is the opposite of Presidential candidate primaries in the US.)
So:
The state pension cost £110.5bn in 2022-2023, just under half the total amount the government spends on benefits.
The Office for Budget Responsibility expected this to grow to £124bn for 2023-2024.
That would be equivalent of taking the defence budget of 2.5% of GDP to 3.2%
Likewise, who is the master and who the pet in this relationship?
https://x.com/Firefly_Space/status/1894044670570762301
https://www.theguardian.com/uk-news/2025/feb/19/the-rise-of-the-cane-corso-should-this-popular-status-dog-be-banned-in-the-uk
As we need extra money for defense we can no longer support the triple lock and will return to the old double lack excluding wages.
That should really have been Starmer’s announcement today - instead the cuts to foreign aid makes that sort of long term decision harder
The current "headline" number for Ukraine is £3bn, which is about 1.2% of GDP.
You're an order of magnitude out.
"The reason the failed establishment hates President Donald J. Trump is because he chooses his words carefully."
I can think of more convincing reasons.
GDP is estimated to grown by 0.4% in December compared to November. This followed growth of 0.1% in November. The services sector grew by 0.4% in December and production grew by 0.5%, but construction fell by 0.2%. In cash terms, GDP was £2,848 billion in 2024.
3/2848 = 1.05%.
So for 0.2% it would have to be £5.7 bn for Ukraine.
@Nigelb
You have misplaced your decimal point there.
You're an order of magnitude out.
Can I claim a typoo for that one?
(No more maths from me today.)
The public well of sympathy for overseas aid isn’t what it was and I’m sorry to say that the outcry amongst charities and social media isn’t going to be representative of the public at large .
What I'm unclear on now is the intended total of military plus financial assistance.
The Trumpdozer and his team seem as impactful on their economy as Rachel Reeves and SKS were on ours.
We are living the legacy of Mrs Thatcher's Right To Buy. We have privatised the assets, and now will be paying forever.
Her housing policy is what he's rightly criticising.
I was in for an eye injection the Sunday before last - the actual procedure took a couple of hours all in plus waiting time plus recovery, and was a little bit involved in terms of eye drops (about 6 different lots) and examinations. Taxi each way and discomfort until the next day.
It's moderately consequential, as I have a policy which pays me £100 each time I am an in patient or day patient. So if it is day patient I get to make a claim, and it's a course of 5 injections at 4 week intervals.
I think I'm probably on the wrong side of the line here, but it's worth a check given the £500.
Or the 'Intelligence Services'.
Or even the 'Conservative', 'Labour' or 'Liberal' parties.
military equipment overseas aid spare to send to Yemen, Syria, etc.
This is one of them where the better option would have been bin the triple lock or increase taxes because you have someone else to blame.
Now when taxes need to be increased (because seeing the finances they need to be) or the triple lock removed (because again it will need to be) there won’t be any chance you can blame the changes on the orange peril in Washington
Oh well, at least it means we'll be free of him for the time being.
Labour burnt a lot of political capital on the WFA and that would be nothing compared to what would happen if they touched the triple lock .
I'll hunt out the letter to see if it is sufficiently blurred, but this feels like I'm being a bit optimistic.
Even if I get it through, I only upgrade the policy in January, so the payment may be at the previous lower value - even though I did get the larger one for glasses and teeth whcih go up at once. The joys of small print.
Diabetic retinopathy ?
Just because it’s Liz Truss doesn’t mean she is wrong. As in this case.
Promising news. The commitment to 2.5% by 2027 is the basic, but the announcement to increase defence spending to 3% of GDP in the next parliament is crucially important.
After 25 years, I can't complain really.
https://x.com/FT/status/1894410479923077584
... with Russia to replace them ?
We do live in unusual times.
..I am told yesterday was the 1st time since 1945 the US voted with Russia & against Europe at the UN on an issue of European security..
https://x.com/BBCJLandale/status/1894330556386533429