Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#1
Ollie will,next week, deliver his Autumn Statement.
Independent Office Budget Responsibility report states the Public Sector job cuts...........will NOT...........be taken up by the..............``Big Expansion`` of the Private Sector..............Yet another `Error of Judgement`
Yesterdays announcement by Cleggy of a £One Billion ``Youth Contract``is good news..............the bad news is it will be paid for from further cuts to tax credits for the low income families..............................................................
Joe Public picking up the tab ,................yet again!!
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
#2
The private sector jobs havent happened. Sadly there are ever more job cuts due, not only in the public sector as has been mooted often enough but further job losses due in the private sector. Only yesterday Sir Philip Green was talking doom and gloom on Sky News when he said he could be forced to close hundreds of stores...he owns the Top Shop BHS chains I dont know if he was deadly serious but if the High St is reeling like that then the economy is in huge trouble.
Osborne will need to pull some rabbits out of his hat.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#3
today blacks retail announced falling sales and expected bad profit figures.
incidentally barry has a blog on this subject at the moment.
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
#4
Future
Enfeebles
Angst
Ridden
It's high time such as Green fell heir to the wind they have sown.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#5
# 3.............Sorry Howard Barry`s Blog lost it`s... Mojo... long time ago.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#6
You are hiding from the facts Reg - I am not surprised.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#7
thomas cook to borrow £200 million to tide it over with changing times, people booking on the internet .
worrying times
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#8
One of the things people cut back on in hard times is holiday spending so I am not surprised at this.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#9
the internet also having a big affect.
they feel they can weather the storm
only time will tell on that one
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#10
It`s...............Plan `B`..........plus................twelve months to late............Sorry Howard ( for one liner )
Must follow the rules.....................
Ollie borrowing £ 158 billion more than he forcast in March 2011...........7 months ago!!!!!
No growth for 3 years........................3 years !!!!
Ollie now following Ed Balls Plan of 12 months ago.!!!!!
Unemployment ...........obscene ......year on year.!!!!!.......etc.....etc
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#11
doesn't look very promising, george borowing 111 billion quid more than expected over the next 4 years.
i listened to the interview with vince cable afterwards, he came across as less than convincing.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#12
Imagine how much worse the position would be if Darling's plan were followed - we would find ourselves downgraded and with higher mortgages without a doubt.
We have a financial hurricane approaching, Osborne knows this, and any measures and forecasts announced yesterday whatever, will be worthless when that hurricane hits.
See my Blog (posted this morning, Weds and to be replaced Saturday morning) I explain more there.
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
#13
Ah yes, Barry. Truely an innovation on the old, "Good cop, bad cop." In politics it's always the good cop that speaks.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#14
oh well women and kids screwed yet again along with the public sector workers.i see he left his banking mates alone AGAIN.
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
#15
Now, now Brian. We must be fair. The Banking Levy has been increased by, 0.01 %
There was talk also of tax changes aimed at bringing more Global Enterprises to the UK, but no details thus far.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#16
tom,the banking levy should be set at 12.5% plus vat.now that seems fairer.
Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
#17
Sly blighters these bankers Brian, as likely as not the customer would pay. The test waiting in the wings is the bonus payouts where the public purse holds a majority share.
'We' may be lenient now the levy has been increased, although I should leave them to concoct their own excuses.
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#18
The Acid test................Coalition Government report...........Children in Poverty will increase by 100,000 due to the Autumn Statement.
Bankers Rule...............Joe Public and Family..............pay the price!!!!!!!!
We are all in this together........???
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#19
And it your lot that dropped us right in it and I will not let you forget it.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#20
all in it together (post 86)
it appears those at the lowest earning levels are the ones worst hit all the time
ALL POSTS ARE MY OWN PERSONAL VIEWS
