Tory Economic Achievements

[AtW]

“ UK government debt has risen above £2 trillion for the first time amid heavy spending on measures to support the economy amid the coronavirus pandemic.”

UK government debt hits GBP2tn for first time - BBC News

10 years of supposed “austerity” (aka fiscal discipline) all for fooking nothing

[Old Greg]

“ UK government debt has risen above £2 trillion for the first time amid heavy spending on measures to support the economy amid the coronavirus pandemic.”

UK government debt hits GBP2tn for first time - BBC News

10 years of supposed “austerity” (aka fiscal discipline) all for fooking nothing

And remember how competitive sterling is now for exports.

[AtW]

And remember how competitive sterling is now for exports.

Volatile currency is never good for business - but great for dirty spekulants like that Moggy character who not just have insider knowledge but can move markets with policy influence

[OwlHoot]

Flipping' heck AtW. Seriously, do you have to be quite so obsessive in starting such masses and masses of new threads?

Wouldn't it be easier to start your own news website?

[Paddy]

“ UK government debt has risen above £2 trillion for the first time amid heavy spending on measures to support the economy amid the coronavirus pandemic.”

UK government debt hits GBP2tn for first time - BBC News

10 years of supposed “austerity” (aka fiscal discipline) all for fooking nothing

Austerity was not for "nothing". Many wealthy people and lending institutions got much wealthier. Property speculators were able to buy repossessed properties at a knockdown price. The wage bill of many companies was reduced and were subsidised by tax credits. It was a boon for fat-cat Tories.

If you are a Tory that did not financially benefit then you will still be happy with austerity in the knowledge that you are a forelock tugging peasant to the gentry.

[elsergiovolador]

Isn't Moggy's big dividend and IR35 voting a conflict of interest? IR35 wouldn't be needed if dividends were subject to NI.

[AtW]

Austerity was not for "nothing". Many wealthy people and lending institutions got much wealthier. Property speculators were able to buy repossessed properties at a knockdown price. The wage bill of many companies was reduced and were subsidised by tax credits. It was a boon for fat-cat Tories.

If you are a Tory that did not financially benefit then you will still be happy with austerity in the knowledge that you are a forelock tugging peasant to the gentry.

Employment costs gone up - thanks to “auto-enrollment” - NIC 3 in other words, even Bliar/Brown only upped NiC by 1%

[DoctorStrangelove]

Employment costs gone up - thanks to “auto-enrollment” - NIC 3 in other words, even Bliar/Brown only upped NiC by 1%

You ain't seen nothing yet.

[AtW]

You ain't seen nothing yet.

If lots of people work from home, then why won’t businesses hire them abroad where employment taxation much lower?

The wave of outsourcing in high value sectors will be massive

[scooterscot]

“ UK government debt has risen above £2 trillion for the first time amid heavy spending on measures to support the economy amid the coronavirus pandemic.”

UK government debt hits GBP2tn for first time - BBC News

10 years of supposed “austerity” (aka fiscal discipline) all for fooking nothing

Tim says thanks for the taxes


Apple first US company to be valued at $2tn