inflating Posted July 26, 2011 Share Posted July 26, 2011 If anyone fancies a listen it's now available: "Is it time for the Chancellor to come up with a new plan for the UK economy?" Page: http://www.bbc.co.uk/programmes/b012r8j2 Console: http://www.bbc.co.uk/iplayer/console/b012r8j2 0:07:50 - 0:31:30 In particular, I think you'll like Andrew from 0:22:05 to 0:25:30 Doesn't sound like that Andrew of TW is a saver as he sounded very harsh and also was unaware of the increased FSA limit, though I'm not completely sure a raised limit means anything Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 26, 2011 Share Posted July 26, 2011 It would have been 0.7% but the warm weather and royal wedding knocked -0.5% off. Doh!! I thought snow was bad and now warm weather is bad as well! nonsense...without the Royal Family our tourist trade would die......or maybe it wouldnt... Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 26, 2011 Share Posted July 26, 2011 BBC News is now talking about 'helicopter drops of money into the economy' instead of more QE Ive just painted a big H in my back garden. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted July 26, 2011 Share Posted July 26, 2011 Doesn't sound like that Andrew of TW is a saver as he sounded very harsh and also was unaware of the increased FSA limit, though I'm not completely sure a raised limit means anything He sounded like a Guy whose savings might nOt be in the form of digitaL fiat currency stored on a hard Disk at his friendly local nationalised insolvent bank. Quote Link to comment Share on other sites More sharing options...
inflating Posted July 26, 2011 Share Posted July 26, 2011 (edited) Ive just painted a big H in my back garden. He sounded like a Guy whose savings might nOt be in the form of digitaL fiat currency stored on a hard Disk at his friendly local nationalised insolvent bank. A bright man no doubt, but wasn't what I hoped to hear tbh Edited July 26, 2011 by inflating Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 26, 2011 Share Posted July 26, 2011 Q3 - ? Answers please. Cost of bombing Gaddafi? Who,BTW now appears to have them on the run. The heatwave or lack of rain? Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 26, 2011 Share Posted July 26, 2011 BBC News is now talking about 'helicopter drops of money into the economy' instead of more QE Helicopter drops where to the people? At least it will give the bankers a bit of sport trying to collect up all the wedges of cash rather than the BoE just giving it to them. Although at what point in history has giving free money to anyone actually worked and created growth? Quote Link to comment Share on other sites More sharing options...
rantnrave Posted July 26, 2011 Author Share Posted July 26, 2011 Ive just painted a big H in my back garden. You can afford a place with a back garden? Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 26, 2011 Share Posted July 26, 2011 You can afford a place with a back garden? Of course, Im renting! Quote Link to comment Share on other sites More sharing options...
rantnrave Posted July 26, 2011 Author Share Posted July 26, 2011 Of course, Im renting! Not when the landlord sees what you've done to the back garden! Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 26, 2011 Share Posted July 26, 2011 Not when the landlord sees what you've done to the back garden! I told Lord Henry it was in his honour. Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted July 26, 2011 Share Posted July 26, 2011 OMFG! How many limp, half ar*ed excuses are we going to be fed before the people who supposedly run this country face reality? This country needs to pay its way in the world. Who cares about Royal Weddings and the Olympics FFS!!! We need to dig stuff up and make things with it...things that the Chinas, Indias, Russias etc want to swap their share of the worlds wealth for. We had oil but that is falling. What next? The Chinese do not want their legal services here, their hair cuts here, drink their frappachinos(sp?) here...so forget services. We need to build our industry up again. That means quality TECHNICAL education. We have a head start because we already speak the global language as our mother tongue. All the time we look to construction and services to get us out of this we will stall. All the time our brightest kids pick up a life times debt studying for "fine art with basket weaving" from "some ex poly in the middle of nowhere", we will stall...at best. Face reality and swallow the medicine. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 26, 2011 Share Posted July 26, 2011 OMFG! How many limp, half ar*ed excuses are we going to be fed before the people who supposedly run this country face reality? This country needs to pay its way in the world. Who cares about Royal Weddings and the Olympics FFS!!! We need to dig stuff up and make things with it...things that the Chinas, Indias, Russias etc want to swap their share of the worlds wealth for. We had oil but that is falling. What next? The Chinese do not want their legal services here, their hair cuts here, drink their frappachinos(sp?) here...so forget services. We need to build our industry up again. That means quality TECHNICAL education. We have a head start because we already speak the global language as our mother tongue. All the time we look to construction and services to get us out of this we will stall. All the time our brightest kids pick up a life times debt studying for "fine art with basket weaving" from "some ex poly in the middle of nowhere", we will stall...at best. Face reality and swallow the medicine. what medicine is that?...tarriffs? Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted July 26, 2011 Share Posted July 26, 2011 what medicine is that?...tarriffs? Cut taxes thus encouraging enterprise, cut benefits thus providing an incentive to work. Provide support to technical education at the expense of the arts. Mr and Mrs Brit are owed NOTHING by the rest of the world. Time to stop acting like they are. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 26, 2011 Share Posted July 26, 2011 Cut taxes thus encouraging enterprise, cut benefits thus providing an incentive to work. Provide support to technical education at the expense of the arts. Mr and Mrs Brit are owed NOTHING by the rest of the world. Time to stop acting like they are. but but, 40% of our people work for the Government... Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted July 26, 2011 Share Posted July 26, 2011 but but, 40% of our people work for the Government... Oh yes...sorry I forgot one thing. SLASH the "Thumb up ar*e, mind in neutral, fat dumb and happy, dead weight, free-loading" public sector. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 26, 2011 Share Posted July 26, 2011 53%. and the rest of us work till June paying the tax to cover them. Quote Link to comment Share on other sites More sharing options...
payback period Posted July 26, 2011 Share Posted July 26, 2011 We need to dig stuff up and make things with it...things that the Chinas, Indias, Russias etc want to swap their share of the worlds wealth for. What type of things? We can design here but our cost level is too high to manufacture competitively. Setting up factories requires lots of investment. Investors force companies to maximise profits. What profit can we make when all costs here exceed those in existing manufacturing nations such as China? Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 26, 2011 Share Posted July 26, 2011 (edited) Largest area that contributed to the increase in GDP ..... Government spending. Clearly the govt should spend more then to boost GDP. O wait we're cutting the deficit... And if we cut spending, we cut GDP and increase the debt/GDP ratio... We need a cunning plan. Edited July 26, 2011 by interestrateripoff Quote Link to comment Share on other sites More sharing options...
frederico Posted July 26, 2011 Share Posted July 26, 2011 I have a cunning plan..... run for the hills Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted July 27, 2011 Share Posted July 27, 2011 What type of things? We can design here but our cost level is too high to manufacture competitively. Setting up factories requires lots of investment. Investors force companies to maximise profits. What profit can we make when all costs here exceed those in existing manufacturing nations such as China? I think I saw that TV program as well. This is what we have done so far...working really well too isnt it! What happens when the few who earn a crust for the rest of the nation decide that they are paying too much tax and become non-doms? We need to get the majority de-franchised population off of benefit and into work. They need to feel part of something and start contributing to our national wealth instead of taking. We are getting to the point where we will have no choice. Hard work has to be rewarded, laziness (and that is the MAJORITY of those on benefits) has to be punished. This is not a moral standpoint any more, it is financial. Quote Link to comment Share on other sites More sharing options...
FreeTrader Posted July 27, 2011 Share Posted July 27, 2011 CBI's Quarterly Industrial Trends Survey isn't encouraging: ------- NEWS RELEASE SENTIMENT FALLS AS MANUFACTURERS REAPPRAISE BUSINESS PLANS - CBI For the first time in two years, optimism regarding the general business situation fell among UK manufacturers, and expectations of slower activity are driving a reappraisal of forward-looking business plans, the CBI said today. Growth in total orders and production eased slightly in the three months to July and manufacturers expect a further deceleration over the next quarter. As a result, after a fourth successive increase in employment in this survey, they plan to cut headcount over the next three months and have revised down their investment plans for the year ahead. Responding to the July Quarterly Industrial Trends Survey, manufacturers reported that they were less optimistic than three months ago (-16%), the first fall in sentiment since July 2009. http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca12a8025671c00381cc7/2312ecd412813109802578d9005290a3?OpenDocument Quote Link to comment Share on other sites More sharing options...
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