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Everything posted by GregBowman

  1. ‘Based on the total numbers of jobs alone, ‘Professional, scienti c and technical activities’ was the largest sector in London in 2015 (Figure 1.14). However, when measuring economic output by GVA, ‘Financial and insurance activities’ can be seen to have accounted for just under a fth of all activity in London (Figure 1.18), thereby constituting London’s most signi cant industry on this basis. GVA gures further show that the value of the ‘Financial and insurance activities’ industry has grown by 212 per cent since 1997 (Table 1.4). This is the third fastest rate of growth for any industry in London, surpassed only by ‘Electricity, gas, steam and air conditioning supply’ (356 per cent), and ‘Real estate activities’ (305 per cent). In 2014, 51.8 per cent of the UK’s GVA in the ‘Financial and insurance activities’ industry was generated in London (up from 42.6 per cent in 1997). Indeed, London’s ‘Financial and insurance activities’ industry alone, made up 4.3 per cent of the UK’s total GVA in 2014. ‘Professional, scienti c and technical activities’, ‘Real estate activities’, and ‘Information and communication’ all also made sizeable contributions towards London’s economy, accounting for 11.2 per cent, 12.6 per cent, and 10.3 per cent of London’s total GVA in 2014 respectively (Table 1.5).’ The city is about 20% of the total GDP of London which actually shows if anything how different London is to the UK when an industry as powerful as finance is only 20% of the output. London is a world city it is different to its host nation like New York, Moscow or Paris et al. Even within financial services the report says 50% is generated outside London so not quite the vampire squid it’s painted otherwise the figure surely would be higher Public infrastructure is over subsidised in London for sure in spite of this TFL thread - CrossRail, HS2 etc but moving that investment to Manchester or Leeds - will that create powerful hubs - unlikely I should state I am 100% behind scrapping HS2 and investing across the war of the roses land from Liverpool to Leeds but will it draw much away from London - unlikely IMHO But with investment the North West and North East will prosper
  2. Demand side problem not supply side - If it wasn’t Carillion milking TFL it would be a Labour crony company. London is out of balance through unfettered immigration.
  3. That’s why the Brexit vote which ever way it went was a sham. London seems full of non EU/non commonwealth immigrants - how did that happen ? In truth with Eastern European heritage and the contribution Eastern Europeans have made to our economy - Poles, Latvians and Lithuanians. I can live with some retired Poles perhaps the price of their economic contribution. As I have said on here before the Baltic States and Poland are completely different from Romania or Bulgaria. Whenever people complain about the non contribution Romanian Gypsies make to our economy some soft headed left wing journalist trots out a Polish doctor or Latvian pharmist as an example of the miracle of freedom of movement complete propaganda. The simple issue with housing, schools/transport/the NHS is that it is a demand side problem not a supply side problem. However it seems this simple statement seems to enrage otherwise intelligent people when debating the subject (in my day to day life) But I feel as the son of an immigrant ( I add that for irony ) - I have no natural home for those views and more importantly a party or campaign I can join. If I decided to campaign on my own I would have to probably divest my business interests because there are so many really spiteful pieces of s*** out there it would affect those and I have partners. I do not identify with the little England b***** and have always described myself as a British European. I do love to enrage liberal left wingers by saying to me the vote was about an admin system nothing more - I cannot be anything other than European by blood. We have a saying ‘ because your born in the sewer doesn’t make you a rat ‘ The leave vote was such a surprise to the muddle headed left because the demographic was not understood )not unsurprisingly by people that live in the Cotswolds in £1 million cottages ) was that a significant amount of 2nd generation immigrants voted leave as well Turkish, Greek, Indian and Ghanaian as well as Eastern European . The trouble is to articulate it opens you up to stupid simplistic ‘ ladder up barbs’ when in fact we were raised in families who valued our country so much more than some people who have been and bred here for generations and realise what a wonderous place it could be and was for us. It’s rather like the shots of the earth you see from the moon. Our families came from the moon 60 and more years ago - we have perspective. I have never heard on of my friends parents trotting out the drivel that all immigration is good and all people from even their own countries were all good people who deserved a passport - Each case on merit They built lives based around British values infused with their own not the other way round, they left countries and worked in menial jobs for thirty years because they believed in the UK. It’s time we were listened to before it’s too late.
  4. Not sure the circumvention is much to do with Uber ( although a factor ) Travel cards wrongly priced for commuters from Home Counties. So massive upsurge in people who come in mainline then walk - weirdly many found out how easy that is from the TFL campaign around the 2012 Olympics to prevent over crowding on tube Cycling gone through the roof Motorcycles allowed in bus lanes - safer than ever. Anecdotally all bays now busy in the West End by 830 even two years ago wasn’t like that Fkexi Working - less days or off peak hours Activity trackers - why rush home to a gym when 2 x 30-45 min walks a day do the same job and you save money Smartphone maps - people belatedly have realised what a small place London is to navigate on foot I am sure Uber is a part of it but economically doesn’t really add up - max tube from Barnet ( zone 6 )a day with Oyster about £9 unlimited journeys - Uber at whatever level can’t compete.
  5. http://www.dailymail.co.uk/news/article-3522026/Latest-menace-roads-s-smartphone-zombies-Three-quarters-drivers-say-seen-pedestrian-veer-pavement-staring-device.html What constitutes a bystander ? My first reaction was only 4 actually - harsh as it may seem They are also making a value judgement when driving at speed - no speeding fines but if something like that happens normal rules apply. I applaud them and thank them for taking that responsibility on - most people wouldn’t
  6. Ha ha fellow biker - I can suffer from the ailment that cabbies do ! BMW R1200RS - my second ridden through the winter , the electronic aids make it feel so much safer. I fell in love with the boxer engine about 4 years ago nice torque and unusual beat probably why you like your SV?
  7. Thank you but apparently I am an apologist for BTLer's and like monopolies and a cabbie to boot according to Locke I wouldn't drive today Locke the drugs or alcohol are still in your system !!
  8. Not sure what you are saying ? There is a level of skill to most physical tasks. Add numerous inputs, a complex machine that can kill and then why wouldn't you take the using of it seriously as in a craft ? I am not a cabbie. Just someone who enjoys fast road driving and wants to be better at it legally Not sure what BTL has to do with it or a monopoly skill based learning that is cheap and accessible for everyone is surely the opposite? It is a craft and aptly titled Roadcraft - have you seen a police car or a fire engine attending an incident at high speed in a busy area making maximum progress and yet safe progress - I admire that and continue to learn in a small way how to emulate them.
  9. A squirqle you might be onto something there ?
  10. I have voted in every election - but never for the let’s spunk our kids money, go on cruises and blame the millenials party The effects might be as people describe - still think it is too easy to blame everyone else rather than your own family ( who if they are ‘lucky’ boomers can choose to help at any time ) but the majority of us didn’t map out the consequences Bit old fashioned I know but we were raising kids and trying to do the best for own family irrespective of any government policy
  11. I think the problem is with AI and automation low income will be no income
  12. Actually I agree - too many cruise monkey boomers but still a minority
  13. I am that’s why my insurance premiums are lower we are at opposite ends of the spectrum and fair enough - I love driving you don’t I think you will be disappointed if you want to get anywhere fast in a fully automated system - the programming will always be for max safety, minimum liability so slower than now
  14. Back to the point who is doing this ? The majority actually no - all my friends are worried about their children’s prospects and actively helping in many cases financially or physically their children - as they should
  15. Exactly as I said just a S*** driver in fact when driving a van it is so much fun to make faster progress than goons like that just by applying the road craft system - they do get annoyed ?
  16. Or training .. you are just explaining a poor driver whatever his age surely ?
  17. Pleasure but am re reading your passage once a sizeable pot is gained to not too despondent when it fluctuates by a 5 figure sum downwards in a week ?
  18. ??? will keep me chuckling all day - they find their right foot and lights flashing horn going .. which of course will aid their limited observation skills no end ?? since it’s unlikeky the goons can multi task Reminds me of those aircraft crash programmes - often pilot work level over load the cause - always think of that when I pass someone manically gripping the steering wheel with those tunnel vision eyes bulging on them ! Scary !
  19. Agree with you just repeating it thx for pulling me up I would say no more selfish boomers than any other generation - we got lucky but if someone wins the lottery they are not called a selfish lucky lottery winner are they ?
  20. 100% incorrect sorry. I am an advanced rider through the IAM and the problem with your comment is that if everyone was trained to that level It would be true. The average driver cannot judge for themselves - because they have taken no interests in improving their perception skills or understand the capability of the machine they are driving ( doesn’t have to be formal training just a proactive interest in driving better) The arrogance of the majority of road users that they don’t need to understand the law, require any form of extra training or move swiftly and safely for the benefit of everyone is breath taking. The principles of advanced driving/ riding are based on the Police structure of machine control and road raft - which enshrines fast, safe progress. My favourite hates are : The 40/40 brigade - 40 on a single carriageway country road with a speed limit of 60 and then continuing at the same speed in a 30 People who won’t let you in when a road goes from two to one lanes. Instead make a self righteous queue in one lane that can affect a junction further back. The correct technique is to use both lanes until the point of restriction and zip together alternative cars from both lanes At any junction or roundabout unless a lane says ahead only rather than just an arrow you can can use either lane to progress in any direction - so why do people take this a personal affront ? Finally as a fast motorcyclist I would probably be dead if I took your last line of advice. Competent, safe driving is about total control of your machine and understanding what every twit is about to do (again in roadcraft every other vehicle is considered a hazard) In fact ROSPA drivers learn under their system to look under, over and around every vehicle to see what’s beyond to progress fast and safely - their attention is totally outside their vehicle. in fact I would say if you have to concentrate so hard on driving your vehicle - your not really fit to be on the roads are you ? I would say if you want to reduce your insurance premiums, enjoy your driving and be a safe as you can be it would be insane not to undertake advanced driving - best £149 a driver or rider can spend
  21. That’s not a shame that’s common sense - cult of the young b***** The average thirty something because of uni etc probably has 5-10 years less real world experience than previous generations leaving school at 16 thirty - forty years ago As for this forum being full of old fogies - it isn’t patently by this thread. But what is quite interesting is the apparently socialist leanings of younger generations, Not sure I agree with Paxman although I can’t dispute the effects. Millions of selfish boomers are helping their children and often working longer to do so. If we wanted to save the world we would of been working in the charity sector. The first unit of Society is the family and it would seem millions of younger people are being failed by their family - blended families, anti multi generational living stances. No career or educational help, most importantly no love or spiritual guidance. My first question to anyone who is healthy and living in this 1st world country is what foundation did your Mum and Dad create for you and continuing to do so ? Finally on the young - the ridiculous rise in property prices was engineered by cheap credit prior to 2007 and just carried on. Global Banking was and is full of 25-30 year old quants who are busy creating all sorts of weird financial instruments - hardly boomers....so are the real villains of the piece ? But the cult of the young means that’s never mentioned
  22. My favourite re business and markets. Being in business is like being a shark swimming through the oceans imho they don't worry about the weather overhead they just carry on swimming and eating. In reality unless it's Armageddon with 40% market falls there will always be weaker fish who can't compete for your food
  23. I sort of agree with Narco - 'I don't think it's a time to be buying anything, just raising cash to weather the storm' I don't have a downer on the stockmarket as some people seem to have - plenty of our friends on here make money out of it As an entrepreneur I am risk adverse when it comes to my own capital (a sort of diversification ) Trackers always seem a bit cumbersome but I am trying to build a longer term portfolio using the techniques for retiring early from WICAO's excellent book. But we are all different, I don't really have a need for a passive income yet. However building a fund tax efficiently is obviously attractive So a bit of a ramble but at the mo I think cash is king whatever inflation is doing
  24. There already is spotting them is the hard thing !
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