To anyone who voted for these cnuts - Cheers.
Westminster Politics
- Thread starter altodevil
- Start date
deliver deliver deliver
Lizzie saw what was coming and knew it was time to leave.
In 1985 it dipped down below $1.10 for a few weeks and for a day or two was below $1.05. Think she might break the record. It was above $2 around that time in the late 2000s
yes i was spending a fair bit of time in the states around 2006 / 2007 and pounds went a long way over there at the time
Partity with the € or $ has to be a realistic prospect at this point
Ridiculous budget and whilst I am not a fan of the idea of bankers making a shit ton to screw things up I feel that's slightly the wrong focus now
The real focus should be on who the feck is going to pay for all this and when. The bankers thing is exactly what Truss wants us to focus on as she can then claim banks will come UK (true or not) and it ignores the actual serious question of, who is paying for all this, when and how
The real focus should be on who the feck is going to pay for all this and when. The bankers thing is exactly what Truss wants us to focus on as she can then claim banks will come UK (true or not) and it ignores the actual serious question of, who is paying for all this, when and how
Pound's still falling. Trying to destroy the country since 2016 (and before).
they will argue its setting up the UK to be an amazing exporter post brexit
Of what - and ignoring the fact that the Uk is a net importer.
Forgive them for they know not what they have done.
Tweet
— Twitter API (@user) date
You might think that... I couldn't possibly comment!
Feels like the last gasp attempt to siphon more money to vested interests before they are turfed out into the political wilderness for a decade.
That's not hyperbole, people will continue to die in record numbers in this country due to these soulless corrupt ghouls. I truly hope they all catch horrible illnesses and have to suffer the indignity of those in A&E hallways. feck them all.
Example, I got a text from my GP two days ago telling me there was a message at reception, spent 90 minutes, yes 90 mins, waiting to get through. I get through and they tell me the message is to book an appointment with reception. Ask the receptionist if I can book an appointment - "erm, no appointments until 17th October...."
Luckily I am only waiting for guidance on some meds, so I go into the surgery the next day and queue for forty mins to just ask them to prescribe the meds anyway without advice. An old woman behind me collapses in the queue. The woman says she will ask my doctor to call me. The doctor texts me verbatim "I've sent the meds to your usual pharmacy...." on a number I can't reply to. The kicker - I've never been prescribed meds by this surgery so have no clue which pharmacy of the five in my town has them.
The system is broken and they are all laughing at you. Laughing. Kwasi Kwarteng got coked up and went to the Queen's funeral so he can give epic bants in whatsapp groups and all laugh at our expense. You have 20-something MP's under investigation for SA. There is cocaine on every surface in Westminster. They partied while we were locked down. They gave their mates billions of your money for PPE that our nurses couldn't use.
At what point do we drag them out of office by their hair and put them on show trials?
I am so angry.
- Massive energy company profits - who do they all take money from / used to work for / will go to work for?
- Make sure anyone earning over £150k per annum gets a tax break to the tune of £10k-£20k per annum
- Uncapping banker's bonuses for their mates and former colleagues in the city.
That's not hyperbole, people will continue to die in record numbers in this country due to these soulless corrupt ghouls. I truly hope they all catch horrible illnesses and have to suffer the indignity of those in A&E hallways. feck them all.
Example, I got a text from my GP two days ago telling me there was a message at reception, spent 90 minutes, yes 90 mins, waiting to get through. I get through and they tell me the message is to book an appointment with reception. Ask the receptionist if I can book an appointment - "erm, no appointments until 17th October...."
Luckily I am only waiting for guidance on some meds, so I go into the surgery the next day and queue for forty mins to just ask them to prescribe the meds anyway without advice. An old woman behind me collapses in the queue. The woman says she will ask my doctor to call me. The doctor texts me verbatim "I've sent the meds to your usual pharmacy...." on a number I can't reply to. The kicker - I've never been prescribed meds by this surgery so have no clue which pharmacy of the five in my town has them.
The system is broken and they are all laughing at you. Laughing. Kwasi Kwarteng got coked up and went to the Queen's funeral so he can give epic bants in whatsapp groups and all laugh at our expense. You have 20-something MP's under investigation for SA. There is cocaine on every surface in Westminster. They partied while we were locked down. They gave their mates billions of your money for PPE that our nurses couldn't use.
At what point do we drag them out of office by their hair and put them on show trials?
I am so angry.
This. So much this.
I'm just glad it's not Corbyn that's PM!
I disagree. No need to bring Palestine up. That should be one of the last things that Labour should talk about.
Yeah can you imagine. Awful man.
Spot on, it's the Tories 'each-way bet'... if they win their members are quid's-in on tax, if Labour wins, they are 'hobbled' from the 'get go' having to try to reinstate what's been lost, support the £, etc. any sort of reforming is out of the question until the ship is steadied.
Blair won three GE's on the trot, following a long period of Tory rule (or misrule depending on your perspective), but still the only notable achievement of that period for Labour was to reinstate some real support for the NHS, which has lasted.... until now, but now once again the NHS is slowly sinking/coming apart at the seams, and any new Labour government post GE will be back where it started almost 25 years ago.
"Those who do not learn from their mistakes are destined to repeat them..." could have been written for the Labour party (in my lifetime anyway) as long as Labour continues 'not to learn' from its mistakes, life is going to be bleak for anyone whose income is less than £100k per annum.
There is literally fk all we can do.
We can’t get the fkrs out of office because all the gammons voted for Brexit that they pushed through, we can’t hope for an opposition ousting them any time soon as the leader of the opposition is basically a watered down version of the Conservatives with no clear policies that the public will back in order to get him elected.
We have bills going through the roof, our gas electricity and petrol all of which wholesale prices have dropped to levels before the Russian invasion yet we are told it will take months for us to see those drops in prices, all the while their energy company owning friend make huge profits while the population faces a choice of eating or heating.
We are laughed at by those in power and yet again theses same pricks will get voted in again in the next GE because they made the right wing voters happy with soundbites about immigration and taking our country out of Europe.
We are fkd.
If you dont have tens of thousands in your bank to cover the rise in costs over the next how many years then you are fkd.
Do we think the pound will drop further? I’ve got some dollars I’ve been holding onto to exchange.
This is scorched earth. They couldn’t give a feck. Just help their mates out whilst still in power. Hope you are proud of yourselves Tory voters. The Tory party are nothing but fecking scum.
so if you earn 160K for example
Currently you have ......................................new rules
0% tax = none ...............................................None (your tax allowance decreases by £1 for every £2 you earn over 100K making it an effective 60% tax rate till you have no tax free allowance
20% tax = 7,540..........................................19% tax = 7,163 (377 saving)
40% tax = 39,892........................................40% tax 43,892
15% tax = 4500............................................None
total = 51,932..............................................total = 51,055
so they are getting an £877 tax reduction or less than 5% of the £20k you mention and almost half that saving comes from the reduction in the basic rate not abolition of the top)
you would actually need to earn around £1.15m for the saving to be £20k so for sure not everyone earning over £150K
And of course somebody earning over £150k is still paying about £50K each year in income tax alone which without going all west wing / sam seaborn is kinda what makes the rest of the system work
Last edited:
Tweet
— Twitter API (@user) date
I was waiting for your usual post blaming this on Labour. Like clockwork.
Yes probably, with the glut of new bond issuance coming. Having simultaneous fiscal loosening and monetary policy tightening will continue to spook investors too.
Glad I just decided to pay down my mortgage using up all my pounds in the bank. I'd get murdered converting them into Singapore dollars.
Crikey, she's going to have to 'unleash' a lot phantom growth to pay for all this.
Traders Price In a 100 Basis Point BOE Rate Hike In November
https://www.bloomberg.com/news/arti...int-boe-rate-hike-in-november?srnd=premium-uk
Whoever is running economic policy of this country did not go to school.
They did. They just went to a private one.
A 5% tax break for people earning over £150k per annum is unconscionable, this is from someone in this bracket.
Thanks. I had around $120 on my Revolut which got me close to £110…crazy considering how much I bought it for. But I have close to $1,000 cash so I might hold onto it for another week. My dad has a big big dollar cash pile though.
Good shout on the mortgage. Isn’t your rent from the flat covering it though?
This was interesting:
Resolution: mini-budget means £55k tax cut for those on £1m/year.
The Resolution Foundation have rapidly assessed the impact of today’s mini-budget, and warned that the UK will borrow hundreds of billions more than expected.
They say::
Resolution has also worked out that someone on an income of £1 million will receive a tax cut worth £55,220 next year.
Very little goes to the poorest households:
Almost two-thirds (65%) of the gains from personal tax cuts announced today go to the richest fifth of households, who will be better-off on average by £3,090 next year.
Almost half (45%) will go to the richest 5% alone, who will be £8,560 better off.
But just 12% of the gains will go to the poorest half of households, who will be £230 better off on average next year.
Reminder, our Politics Live blog has full details:
Good old trickle down economics
Yes the tax differential between those on £1m and those just falling into the old 45% bracket is quite huge
the corporation tax cut (well non rise) was for more of interest to me than the 45% as we had actually scaled back some investment based on the proposed move to 25% - given the collapse in the £ and the 19% rate will probably revisit the sums over the next couple of weeks and see if it makes sense to reconsider
Don't worry.
Their Bible the Daily Mail will manage to spin its gullible readers some ridiculous yarn blaming it all on Labour and they will lap it up believing every word.
The budget screams of ticking off as much of their bucket list as possible before losing a majority in parliament. I think these feckers have given up on the next election.
bout ready to trickle down into my grave, let the earth have me for my nutrients.
I went through my old tax returns the other day, and I am paying less income tax a month in 2022 than I was in 2011, despite earning 16K a year more gross.
Tweet
— Twitter API (@user) date
Not that I’m in the least bit surprised to see you trying to defend this, your math seems questionable to say the least.
On your statement in bold of someone “needing to earn around £1.15m for the saving to be £20k”… a person earning £1.15m will save roughly £62,000 as a result of todays budget.
Meanwhile the people struggling to make ends meet and heat their homes and feed their kids have in many cases got nothing, or maybe a few hundred quid a year.