| Rachel reeves driving up prices with tax and spend budget warns Bank of England 09:01 - Nov 8 with 8142 views | Zapers |
The Bank of England last night warned Britain is facing a fresh spike in inflation as rachel reeves tax and spend budget piles extra pressure onto households and businesses.
Lenders have been raising mortgage costs in recent days despite the Bank's highly anticipated interest rate cut to 4.75pc on Thursday, with financial markets betting it will be the only cut this year.
Governor Andrew Bailey said a "Substantial" increase in public spending and tax changes that "clearly raise the cost of employment " will drive prices higher over the next three years.
I presume this still wont affect the working person. |  | | |  |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:00 - Nov 8 with 1525 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:44 - Nov 8 by DJR |
Isn't the best thing just to ignore, and not respond to, posts or threads which appear to me to be deliberately provocative, often misinformed and not really designed to further proper debate?
If that was done, they would soon die a death, or just become echo chambers for a few like-minded posters. [Post edited 8 Nov 2024 9:46]
|
If you think having an opinion about the performance of the current government is provocative, it tells me you are so entrenched in the labour party, you can' share an honest criticism. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:01 - Nov 8 with 1523 views | DJR |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:54 - Nov 8 by positivity |
it's an interesting discussion but when someone's continuously lying, being corrected and then lying again, it's best to call them out.
facts are important, and if the liars are unchallenged, have more chance of being believed by the gullible or those who don't have time to research everything and look behind the bluster [Post edited 8 Nov 2024 9:55]
|
It's entirely up to others but if no one had responded to the original post it would have died a death. |  | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:03 - Nov 8 with 1507 views | DJR |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:00 - Nov 8 by Zapers |
If you think having an opinion about the performance of the current government is provocative, it tells me you are so entrenched in the labour party, you can' share an honest criticism. |
I resigned from the Labour Party over a year ago, having been disillusioned with it for a number of years. [Post edited 8 Nov 2024 10:05]
| | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:04 - Nov 8 with 1499 views | redrickstuhaart |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:47 - Nov 8 by Zapers |
I'm not absolving the last government of any blame, they are now history, and rightly so.
Covid added to a huge amount of debt. |
Which is why it was outright wrong and dishonest to impose an ideological tax cut as a bribe when then funding was not there to achieve it without doing further damage to already decimated services. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:05 - Nov 8 with 1487 views | redrickstuhaart |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:56 - Nov 8 by DJR |
There is very little evidence (either on TWTD or elsewhere) that people's views can be successfully challenged.
[Post edited 8 Nov 2024 9:57]
|
Its not about the person being challenged, so much as others who are observing and who would otherwise potentially pick up nonsense as fact. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:07 - Nov 8 with 1451 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:04 - Nov 8 by redrickstuhaart |
Which is why it was outright wrong and dishonest to impose an ideological tax cut as a bribe when then funding was not there to achieve it without doing further damage to already decimated services. |
I'm not sure you are correct, but we will never know.
I think even the most blinkered tory would have known at that point, that government was toast, and very burnt toast;) | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:10 - Nov 8 with 1433 views | Guthrum |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:33 - Nov 8 by BlueBadger |
That's probably only marginally more reliable than Twitter as a source of reliable, sane, serious and unbiased information nowadays. |
I'm not sure it's even that, speaking as a former Telegraph reader. |  |
| |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:13 - Nov 8 with 1399 views | Guthrum |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:45 - Nov 8 by redrickstuhaart |
Its worth noting that half of the budget tax increase is just replacing the cut that the previous government made, when it was plainly innappropriate to do so. |
It's not even that. The burden has been transferred from workers (who saw their rate cut) to employers (whose rose). The whole process has worked out beneficially for ordinary people. | |
| |
Login to get fewer ads
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:14 - Nov 8 with 1389 views | Blueschev |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:00 - Nov 8 by Zapers |
If you think having an opinion about the performance of the current government is provocative, it tells me you are so entrenched in the labour party, you can' share an honest criticism. |
What's provocative is the deliberate and repeated spreading of falsehoods you practice on a daily basis. |  | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:14 - Nov 8 with 1381 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:14 - Nov 8 by Blueschev |
What's provocative is the deliberate and repeated spreading of falsehoods you practice on a daily basis. |
Such as? | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:16 - Nov 8 with 1370 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:07 - Nov 8 by Zapers |
I'm not sure you are correct, but we will never know.
I think even the most blinkered tory would have known at that point, that government was toast, and very burnt toast;) |
we do know and saw the inevitable damage.
lest we forget, idiots like farage called it the best budget for years! | |
| |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:24 - Nov 8 with 1332 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:16 - Nov 8 by positivity |
we do know and saw the inevitable damage.
lest we forget, idiots like farage called it the best budget for years! |
And he might well have been right.
Just for your information, I am not the rabid right winger that you think I am. I'm pretty center ground, but just as i thought the tories made a hash of things, i'm pretty sure we will all be saying the same thing about this government sooner or later.
Governments have an impossible task. There is not enough money in tax receipts in order to pay for everything.
They will just keep borrowing, and costs will keep going up. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:50 - Nov 8 with 1277 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:24 - Nov 8 by Zapers |
And he might well have been right.
Just for your information, I am not the rabid right winger that you think I am. I'm pretty center ground, but just as i thought the tories made a hash of things, i'm pretty sure we will all be saying the same thing about this government sooner or later.
Governments have an impossible task. There is not enough money in tax receipts in order to pay for everything.
They will just keep borrowing, and costs will keep going up. |
he wasn't right, it caused massive amounts of misery to the ordinary people that nige lies about caring about.
if you are as "center"(might want to recalibrate your algorithms to your uk audience!) as you claim, why does everything you post come straight from right-wing tropes or criticisms?
i do agree that we need to tax higher, that's my biggest criticism of the labour pre-election promises.
however, had they done so then right-wing edgelords pushing a similar agenda to your posts would have been spreading disinformation to stop them getting elected in the first place [Post edited 8 Nov 2024 10:52]
| |
| |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 11:11 - Nov 8 with 1221 views | StokieBlue |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:24 - Nov 8 by Zapers |
And he might well have been right.
Just for your information, I am not the rabid right winger that you think I am. I'm pretty center ground, but just as i thought the tories made a hash of things, i'm pretty sure we will all be saying the same thing about this government sooner or later.
Governments have an impossible task. There is not enough money in tax receipts in order to pay for everything.
They will just keep borrowing, and costs will keep going up. |
This isn't consistent with what you've said before though. You said that if you were living in the UK you would have voted Reform.
That's not compatible with saying your viewers are centrist.
SB |  | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 11:43 - Nov 8 with 1158 views | OldFart71 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:45 - Nov 8 by redrickstuhaart |
Its worth noting that half of the budget tax increase is just replacing the cut that the previous government made, when it was plainly innappropriate to do so. |
Totally agree. But Labour saying they wouldn't raise taxes for the working man/woman they backed themselves into a corner. What they should have done if they wanted to keep both industry and working people happy, if that's the right word when you are increasing Government take, would have been to increase N.I. for industry by a half a percent and reversed the Tories second 2p cut of N.I. to employees. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 11:52 - Nov 8 with 1131 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:03 - Nov 8 by DJR |
I resigned from the Labour Party over a year ago, having been disillusioned with it for a number of years. [Post edited 8 Nov 2024 10:05]
|
Yes because as i understand it, they are not the far left that you wanted.
Either way i still think you are probably entrenched in socialism. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 11:53 - Nov 8 with 1130 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 11:43 - Nov 8 by OldFart71 |
Totally agree. But Labour saying they wouldn't raise taxes for the working man/woman they backed themselves into a corner. What they should have done if they wanted to keep both industry and working people happy, if that's the right word when you are increasing Government take, would have been to increase N.I. for industry by a half a percent and reversed the Tories second 2p cut of N.I. to employees. |
All governments lie, you should know that by now. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:02 - Nov 8 with 1110 views | Nomore4 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:24 - Nov 8 by Zapers |
And he might well have been right.
Just for your information, I am not the rabid right winger that you think I am. I'm pretty center ground, but just as i thought the tories made a hash of things, i'm pretty sure we will all be saying the same thing about this government sooner or later.
Governments have an impossible task. There is not enough money in tax receipts in order to pay for everything.
They will just keep borrowing, and costs will keep going up. |
My opinion is this. Without a massive cash injection into services at this time along with huge tax rises…..All would have collapsed.
The massive population rise and the sheer cost of illegal immigration has killed public services and everyone’s finances. 3000 illegal arrivals in the past 2 weeks alone.
I personally would take any direction of Ian Bailey with a pinch of salt.
The biggest financial cock up ever was created during his watch at the FCA.
So big it will make the PPI mess seem a tiny issue.
The recent decision by the court of appeal shut down the entire car finance industry and potentially to cost tens of billions in redress. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:09 - Nov 8 with 1086 views | reusersfreekicks |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:00 - Nov 8 by Zapers |
If you think having an opinion about the performance of the current government is provocative, it tells me you are so entrenched in the labour party, you can' share an honest criticism. |
You spelled untruths incorrectly |  | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:11 - Nov 8 with 1076 views | reusersfreekicks |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 10:24 - Nov 8 by Zapers |
And he might well have been right.
Just for your information, I am not the rabid right winger that you think I am. I'm pretty center ground, but just as i thought the tories made a hash of things, i'm pretty sure we will all be saying the same thing about this government sooner or later.
Governments have an impossible task. There is not enough money in tax receipts in order to pay for everything.
They will just keep borrowing, and costs will keep going up. |
As long as the centre has moved 100 miles to the right!
Trump is far right on every measure [Post edited 8 Nov 2024 12:12]
| | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:40 - Nov 8 with 1025 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 11:11 - Nov 8 by StokieBlue |
This isn't consistent with what you've said before though. You said that if you were living in the UK you would have voted Reform.
That's not compatible with saying your viewers are centrist.
SB |
in his bizarre mind, reform are centrists and anyone left of badenoch is probably marxist! | |
| |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:42 - Nov 8 with 1022 views | redrickstuhaart |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:02 - Nov 8 by Nomore4 |
My opinion is this. Without a massive cash injection into services at this time along with huge tax rises…..All would have collapsed.
The massive population rise and the sheer cost of illegal immigration has killed public services and everyone’s finances. 3000 illegal arrivals in the past 2 weeks alone.
I personally would take any direction of Ian Bailey with a pinch of salt.
The biggest financial cock up ever was created during his watch at the FCA.
So big it will make the PPI mess seem a tiny issue.
The recent decision by the court of appeal shut down the entire car finance industry and potentially to cost tens of billions in redress. |
You are right, until you seek to blame it all on population rise (code for immigration) and illegal immigration.
And until you went on to complain about a recent court of appeal decision which basically reflects rules which have been in place for some years and therefore only has an impact on historic cases rather than the whole car finance industry.
No idea what "FCA cock up" you are referencing. You will need to be more specific. [Post edited 8 Nov 2024 12:44]
| | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 13:27 - Nov 8 with 972 views | DJR |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 11:43 - Nov 8 by OldFart71 |
Totally agree. But Labour saying they wouldn't raise taxes for the working man/woman they backed themselves into a corner. What they should have done if they wanted to keep both industry and working people happy, if that's the right word when you are increasing Government take, would have been to increase N.I. for industry by a half a percent and reversed the Tories second 2p cut of N.I. to employees. |
I'm not sure if anyone has done the maths but perhaps there's a case for saying that the cut to employees' NI matches the amount workers might miss out on pay rises due to the increase in employers' NI.
In other words, it's all swings and roundabouts.
But the financial mess we are in is due in no small measure to two reckless Tory cuts to employees' NI.
[Post edited 8 Nov 2024 13:30]
| | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 13:51 - Nov 8 with 942 views | Nomore4 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:42 - Nov 8 by redrickstuhaart |
You are right, until you seek to blame it all on population rise (code for immigration) and illegal immigration.
And until you went on to complain about a recent court of appeal decision which basically reflects rules which have been in place for some years and therefore only has an impact on historic cases rather than the whole car finance industry.
No idea what "FCA cock up" you are referencing. You will need to be more specific. [Post edited 8 Nov 2024 12:44]
|
He was CEO of the FCA 2016-20 and had the power to change the rules. Rules changed 2021.
I suggest you research undisclosed commissions.
New judgment made by the the court of appeal took it further, all commissions not just DCA.
Resulting in the complete shutdown of new car finance business and Banks running for the hills.
Potential now to include other markets outside of motor also.
That’s the short of it. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:53 - Nov 8 with 860 views | redrickstuhaart |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 13:51 - Nov 8 by Nomore4 |
He was CEO of the FCA 2016-20 and had the power to change the rules. Rules changed 2021.
I suggest you research undisclosed commissions.
New judgment made by the the court of appeal took it further, all commissions not just DCA.
Resulting in the complete shutdown of new car finance business and Banks running for the hills.
Potential now to include other markets outside of motor also.
That’s the short of it. |
I know plenty about undisclosed commissions. Hunstanger, firstrand etc etc. .... | | | |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
