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Jason

Global Elite 'to Advise Treasury'

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http://news.bbc.co.uk/1/hi/business/4823902.stm

The world's top business leaders are to advise the Treasury on ways to improve economic competitiveness in the UK, the chancellor is due to announce.
Microsoft chief Bill Gates and Tesco's Sir Terry Leahy will be among the 12 members of Gordon Brown's International Business Advisory Council.
It is hoped the group will provide guidance on facing up to the economic challenge from China and India.

Why don't we just send in Martin from Money Saving Expert. That will do!

Edited by Jason

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Someone should point out that everyone paying a hugechunk of their salary on keeping a roof over their head doesn't bode well for long term economic competetiveness.

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Guest Riser

Collective responsibility! Brown hasn't got the balls to own up to his own mistakes so he will claim it was World Economic Forces wot did it :lol:

His spin will go along the lines of "I have been responsible for delivering and maintaining a stable economy within the UK for the past ten years. However, the strength and stability of our economy is under threat from external factors associated with the wider world economy. In order to develop a strategy to meet these challenges I have assembled a team of experts with experience of global markets who represent a global elite of economic advisors. With the support of this world class team I am confident we will find a safe route for the UK economy through the turbulent waters which lay ahead."

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The world's top business leaders are to advise the Treasury on ways to improve economic competitiveness in the UK, the chancellor is due to announce.

And do you think he'll actually implement any of this expensive advice? Because he took the Baker, Turner and Gershon report soooo seriously!

This is another headline grabbing activist distraction. He loves to be seen to be doing something. What he should do is just stop doing so much. Fewer schemes, less expense, less red tape, less bureauracracy, thinner rulebooks, smaller government. = less tax, more and fairer incentives (pension credit?), greater productively.

Less sophistry and newspeak - 'Tax Credits' He takes your money away and gives it back to you as a 'Credit'. How generous! What lovely man! And why to 'working' families (as opposed to the state supported ones?!) need 'Credits' anyway? What's wrong with the tax system? Increasing income tax by 100% taking it's toll is it??

More newspeak: Planning Gain 'Supplements' - sounds like a nice thing that comes with the sunday papers. Not a centrally collected TAX that DISincentivises planning permission - he's managed to twist land tax to have exactly the opposite effect to what was intended. How does he do it?

And the way he keeps using the word 'invest' in place of 'spend'. The tories used to 'spend' money on the police, NuLab 'invests' it. Brilliant! Does that mean, in a couple of years, he'll return my money with interest? Hope so. Looking forward to it :)

For a Chancellor that governed in a era of low global inflation, and huge possilities for productivity improvement due to IT technology, he has done nothing to help. He's allowed asset price bubbles to fund increased public spending, and he increased the money supply with massively increased lending. When's the required inflation going to hit us?

I think we would have been better to sack him (after he gave the MPC the authority over base rates - day 2 in his job) and spend the money saved on plasma TVs for everyone - at least that would be helping providing real employment.

sorry, in rant mode this morning. Can't stand watching the Budget. More lies, activism, borrowing, spending taxing. How long can it go on?

Edited by no accountant

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He's in hiding after a contract was put out on him - for encouraging people not to get into excessive debt.

Do us a favour STF & update that sig. Rightmove say Wandsworth up 8%. So wipe the negative generated by your LR fig & replace it with a positive from RM. That'll add half a million to my numbers. Thanks.

:D

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What's Alvin Hall doing these days?

Now why would his so old school ideas of thrift, saving for a rainy day and living within one's means be required in the age of the New Paradigm?

Government doesn't seem to consider such notions as virtuous.

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The Tresury intray is overflowing with reports and studies on the state of the UK economy it's competitiveness and productivity.

Professor Michael Porter's being one.

Government commissions these things and, it seems to me, mainly ignores them.

Why? Perhaps because it is that remedies suggested are unpalatable to a Government so attuned to vested interests.

For instance, and casting "Green" issues aside for the moment, an efficient transport infrastructure is essential and do we have such?

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The world's top business leaders are to advise the Treasury on ways to improve economic competitiveness in the UK, the chancellor is due to announce.

1st bit of advice to Gordo? - you're an economic ******wit - resign! :lol::lol:

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  • 336 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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