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darwin

George Osborne Has Resigned From Government

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Osborne never resigned (it is a play on language). He was sacked after he turned down the Ministry of Drain Clearing.....

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Just goes to show, many politicians with the talents they have only work in the jobs that they want, for their own self satisfaction and status.....they are hardly interested in the common good, working for the common man if it is below what they think they are worth......everything eventually comes out in the wash. ;)

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According to the Sun's political editor, Osborne was told he wasn't wanted in the cabinet and sacked.

David Davis may well be Brexit Minister.

He wrote on Monday:

"Economic growth in the UK has been founded on a number of unhealthy characteristics in the last decade or so. It has depended above all on large population increases based on uncontrolled mass migration. This has made the economy bigger, but not necessarily better for individual citizens, as shown by GDP per capita growth rates of two per cent or less – significantly weaker than in most decades since the Second World War. It has depended on moving a large number of people moving out of unemployment, which is good, but because the new jobs tend to be low paid it created a low productivity economy. And it all depends far too much on domestic demand, which even after 2008 is excessively funded by consumer credit. This is unsustainable in the long run.

So we need to shift our economy towards a more export-led growth strategy, based on higher productivity employment. Fortunately, this will prove eminently possible as a part of a Brexit-based economic strategy. Indeed, far from being the risky option that many have claimed, Brexit gives us many tools to deal with the very serious economic challenges that the country will face in the coming decades."

Promising from a HPC perspective...

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Please tell me the new Chancellor isn't a btler.

I don't know but recall this on 118 the other day, as they hope for S.24 BTLers stamp duty reversal. The sympathy and the suffering of risk of losses to their mad-gainz.

Hammond, Mr Philip (Runnymede and Weybridge)

8. Miscellaneous
‘I am a beneficiary of a trust which owns a controlling interest in Castlemead Ltd, a company engaged in construction, housebuilding and property development.’

https://www.property118.com/budget-2015-landlords-reactions/76164/comment-page-858/#comment-78939

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Please tell me the new Chancellor isn't a btler.

I don't know but recall this on 118 the other day, as they hope for S.24 BTLers stamp duty reversal. The sympathy and the suffering of risk of losses to their mad-gainz.

Thank you, Venger. I guess it must be this company?

Sounds about right, everyone in each other's pockets as usual.

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Osborne was not completely HPI++++

He brought in SDLT +3% and has set the ball rolling for reducing mortgage relief for BTLs. We could have had it much worse IMO.

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According to the Sun's political editor, Osborne was told he wasn't wanted in the cabinet and sacked.

David Davis may well be Brexit Minister.

He wrote on Monday:

"Economic growth in the UK has been founded on a number of unhealthy characteristics in the last decade or so. It has depended above all on large population increases based on uncontrolled mass migration. This has made the economy bigger, but not necessarily better for individual citizens, as shown by GDP per capita growth rates of two per cent or less – significantly weaker than in most decades since the Second World War. It has depended on moving a large number of people moving out of unemployment, which is good, but because the new jobs tend to be low paid it created a low productivity economy. And it all depends far too much on domestic demand, which even after 2008 is excessively funded by consumer credit. This is unsustainable in the long run.

So we need to shift our economy towards a more export-led growth strategy, based on higher productivity employment. Fortunately, this will prove eminently possible as a part of a Brexit-based economic strategy. Indeed, far from being the risky option that many have claimed, Brexit gives us many tools to deal with the very serious economic challenges that the country will face in the coming decades."

Promising from a HPC perspective...

Please let that be right

Edited by long time lurking

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