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Local News Full Of Bad... News

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http://www.bbc.co.uk/england/realmedia/midlandstoday/nb/midlandstoday_16x9_nb.asx

From:

http://www.bbc.co.uk/programmes/b006mj57

(watch the latest programme, under "featured")

Cuts to regional development agencies and education authorities...

Just think - this is just 1 month after the general election with just a few hundred million in cuts so far across the country. These cuts already mean hundreds of redundancies and lots of companies will be put at risk. What abount next year? :o

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I'm in that region and the local news seems to think the regional development agencies produced over £8 in the economy for every £1 spent on it. I smelt BS.

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I'm in that region and the local news seems to think the regional development agencies produced over £8 in the economy for every £1 spent on it. I smelt BS.

If that was true we'd all say, "Spend much more please, it's the answer."

Cable is about right on this. He is taking a 'flexcable approach' to his former views. The fact is that keynesian economics is about the law of diminishing returns. We have reached the point where you may spend but actually create less return than the cost. It is stifling growth to be this indebted.

Sadly the cuts so far represent only TWO WEEKS of current deficit overspending in a year. that's £6billion out of £150billion plus structural deficit. We are right to be worried.

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I'm in that region and the local news seems to think the regional development agencies produced over £8 in the economy for every £1 spent on it. I smelt BS.

:lol: I've brushed shoulders with a few in the course of duty.. I'll be polite and say I find that statistic highly unlikely.

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http://www.bbc.co.uk/england/realmedia/midlandstoday/nb/midlandstoday_16x9_nb.asx

From:

http://www.bbc.co.uk/programmes/b006mj57

(watch the latest programme, under "featured")

Cuts to regional development agencies and education authorities...

Just think - this is just 1 month after the general election with just a few hundred million in cuts so far across the country. These cuts already mean hundreds of redundancies and lots of companies will be put at risk. What abount next year? :o

RDAs should be the first to go.

According to their website

Regional Development Agencies create sustainable economic growth across England, enabling local communities to fulfil their economic ambitions. Every £1 spent by RDAs achieves a return of at least £4.50 for regional economies. This increases to £6.20 when long term economic benefits are considered.

Probably the other way round.

Since their establishment in 1999 Regional Development Agencies have cost £15 billion !!!!

£15bn in tax cuts for businesses would have been far more effective.

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  • 261 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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