Covid-19: Businesses 'throwing in towel' over uncertainty
23/02/2021
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Labour says the Budget must extend the VAT cut, furlough and the business rates holiday.
So, having weathered the last year, and with the prospect of things opening up now a reality, this is the time that surviving businesses have chosen to give up?
According to the Shadow Labour Chancellor. yes.
The depth of talent on the opposition benches is amazing.
The depth of talent on the opposition benches is amazing.
How many businesses have you run? Waits for another HYS self-made billionaire story.
It's going to be another 3 months at least before these businesses can reopen and so Dodds is right in campaigning for more business support. Why do you think she's wrong?!
It's going to be another 3 months at least before these businesses can reopen and so Dodds is right in campaigning for more business support. Why do you think she's wrong?!
With increased borrowings, opening up can be likened to expansion, a very volatile time for a business even under normal circumstances. With more expenditure/additional funding needed, if even available, opening up may be a step too far for many. A lot's changed over the last 12 months, confidence is shattered, giving up is an option not even dreamt of by many of us this time last year.
Labour says...
As if they know.
As if they know.
Labour say give it all away, only a year or so ago you had labour/Corbyn saying tax em till they squill
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
Just to balance this out, please let us know how many £Bn has been 'given away' on defective PPE at inflated prices, mis-use of furlough with no recourse to get it back, failed track and trace, etc etc. This Govt is not squeaky clean despite your efforts to paint them that way.
Labour in 1997 inherited a debt of 42% of GDP. Before the global banking crises in 2008, the debt had fallen to 35%. Labour inherited a deficit of 3.9% of GDP & by 2008 it had fallen to 2.1%. ONS
“Pre -crisis, UK government spending was at around 40% of national income. This level was not particularly high, either by the UK’s own historical standards or by international standards.” IFS
“Pre -crisis, UK government spending was at around 40% of national income. This level was not particularly high, either by the UK’s own historical standards or by international standards.” IFS
"The Tory MP (John Redwood) said he has “not been worried about the deficit for some time”, because the Labour government of Gordon Brown and subsequent Conservative governments have been able to “print money to pay their bills"."
As you got quite a bit of misinformation in under your comment here's another one of your myths bashed:
Labour were imitating something the Tories started, Reginald Maudling, in 1964, said “Sorry to leave it in such a mess, old cock.”
Apparently, Churchill started what became a running joke until the Tories, under Cameron, played dirty!
Dodds' economic knowledge outweighs yours by degrees!
Labour were imitating something the Tories started, Reginald Maudling, in 1964, said “Sorry to leave it in such a mess, old cock.”
Apparently, Churchill started what became a running joke until the Tories, under Cameron, played dirty!
Dodds' economic knowledge outweighs yours by degrees!
Piffle
"Too little; to late; not enough".
Select whichever applies, after the event.
Saved Kier Starmer a job there.
Select whichever applies, after the event.
Saved Kier Starmer a job there.
Lots of people are struggling, and this appears to be an odd example to use. Whilst the couple are understandably cash poor currently, it is clear they are asset rich.
Help should be most targeted at those who truly need it first.
Help should be most targeted at those who truly need it first.
Labour say give it all away, only a year or so ago you had labour/Corbyn saying tax em till they squill
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
dont forget ferry contracts for ferry companies with no ferries and PPE contracts to pub landlords .....
Diverted 'against the EU' or 'against Corbyn decency' (made to believe the EU a German or Franco-German dictatorship, as bad to imagine Jeremy Corbyn a campaigner lifelong for social justice could be responsible for a new wave of antisemitism), our energies have been squandered on Brexit. Now employees and small businesses and governments face the real dictatorship, land and people owned by Money.
So, having weathered the last year, and with the prospect of things opening up now a reality, this is the time that surviving businesses have chosen to give up?
It is certainly far more evident on the opposition benches than on the government benches.
After all we have had the government vaccines minister this week claim that schools are going back on 8th March because that date is 3 weeks AFTER the middle of April when it is predicted that all the 9 most vulnerable groups will have had their 1st vaccination.
Yes he actually said that, twice in fact!
After all we have had the government vaccines minister this week claim that schools are going back on 8th March because that date is 3 weeks AFTER the middle of April when it is predicted that all the 9 most vulnerable groups will have had their 1st vaccination.
Yes he actually said that, twice in fact!
Need to be winding in these support schemes not expanding them.
At the very least cuts should become deferrals of payments and all grants should be loans that the recipient has to repay - none of this government acting as guarantor nonsense.
At the very least cuts should become deferrals of payments and all grants should be loans that the recipient has to repay - none of this government acting as guarantor nonsense.
tories can give it but seem unable to receive criticism.
You just keep backing your cheats thieves and liars ??
You just keep backing your cheats thieves and liars ??
Do you have any idea how absurd your comment is? Nobody can criticize Labour for what they have done, they havent been in power for almost a decade and half and Starmer has never been in power - he has literally done nothing, for anyone, anywhere at any point. Politics is about mud slinging, what matters is what sticks not who does or does not find fault.
Need to be winding in these support schemes not expanding them.
At the very least cuts should become deferrals of payments and all grants should be loans that the recipient has to repay - none of this government acting as guarantor nonsense.
At the very least cuts should become deferrals of payments and all grants should be loans that the recipient has to repay - none of this government acting as guarantor nonsense.
So, having weathered the last year, and with the prospect of things opening up now a reality, this is the time that surviving businesses have chosen to give up?
4. Next question?
You have never run a business yourself as it is to far-right for you.
I know companies arent supposed to discriminate against people with political views or conspiracy nuts etc, but....
What experience of working have you got?
I know companies arent supposed to discriminate against people with political views or conspiracy nuts etc, but....
What experience of working have you got?
According to the Shadow Labour Chancellor. yes.
The depth of talent on the opposition benches is amazing.
The depth of talent on the opposition benches is amazing.
Labour say give it all away, only a year or so ago you had labour/Corbyn saying tax em till they squill
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
Labour in 1997 inherited a debt of 42% of GDP. Before the global banking crises in 2008, the debt had fallen to 35%. Labour inherited a deficit of 3.9% of GDP & by 2008 it had fallen to 2.1%. ONS
“Pre -crisis, UK government spending was at around 40% of national income. This level was not particularly high, either by the UK’s own historical standards or by international standards.” IFS
“Pre -crisis, UK government spending was at around 40% of national income. This level was not particularly high, either by the UK’s own historical standards or by international standards.” IFS
Labour say give it all away, only a year or so ago you had labour/Corbyn saying tax em till they squill
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
According to the Shadow Labour Chancellor. yes.
The depth of talent on the opposition benches is amazing.
The depth of talent on the opposition benches is amazing.
The problem is, while the government has vast resources , they're not vast enough.
They can't afford to provide the support that's really needed.
My business is down 70% over last 12 months. We applied for an ARG grant from local council and were given £2,250. Our business turnover is in 7 figures, how far do they think £2,250 is going to go? It's pathetic.
They can't afford to provide the support that's really needed.
My business is down 70% over last 12 months. We applied for an ARG grant from local council and were given £2,250. Our business turnover is in 7 figures, how far do they think £2,250 is going to go? It's pathetic.
The banks were bailed out to such a degree that over a £ TRILLION was added to the national debt.
However, nearly all of that was smoke and mirrors; most of the debt exists on paper and is owed to ourselves.
Government's with their own currencies and through their central banks can never go bust. I've explained this numerous times & have supplied the evidence, which no one ever reads.
However, nearly all of that was smoke and mirrors; most of the debt exists on paper and is owed to ourselves.
Government's with their own currencies and through their central banks can never go bust. I've explained this numerous times & have supplied the evidence, which no one ever reads.
Its not pathetic, its better than zero which is what you should get. You seem to think the country owes you for the fact that you have a company and can make lots of proffit - why? You pay tax sure but only because you have to, you keep as much as you can. The country owes you nothing, you are in this for yourself, dont pretend otherwise.
Labour say give it all away, only a year or so ago you had labour/Corbyn saying tax em till they squill
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
What you want to hear, hindsight boy Starmer will say it, most hysterical is Dodge or is it Dobby or whatever the strange little thing that’s the labour shadow chancellor is called, she does make me laugh.
Labour give it all way, then leave IOU note saying sorry money all gone on sweets
As you got quite a bit of misinformation in under your comment here's another one of your myths bashed:
Labour were imitating something the Tories started, Reginald Maudling, in 1964, said “Sorry to leave it in such a mess, old cock.”
Apparently, Churchill started what became a running joke until the Tories, under Cameron, played dirty!
Dodds' economic knowledge outweighs yours by degrees!
Labour were imitating something the Tories started, Reginald Maudling, in 1964, said “Sorry to leave it in such a mess, old cock.”
Apparently, Churchill started what became a running joke until the Tories, under Cameron, played dirty!
Dodds' economic knowledge outweighs yours by degrees!
So I take it they had the £10,000 (per property?) at the start ( 3 years dole money)
Grants on top of that.
VAT
Business Rates
etc.
Not exactly destitute and had many £1,000's. Sums it up really.
Grants on top of that.
VAT
Business Rates
etc.
Not exactly destitute and had many £1,000's. Sums it up really.
The overly cautious roadmap out of lockdown will be the final nail in the coffin of many small businesses. Furlough hasn't helped everyone who needed support and there's only so long that any business can survive without income.
Just to balance this out, please let us know how many £Bn has been 'given away' on defective PPE at inflated prices, mis-use of furlough with no recourse to get it back, failed track and trace, etc etc. This Govt is not squeaky clean despite your efforts to paint them that way.
When 'your country' lets you down, as a good worker or good business manager maybe furloughed for a while, eventually queuing for survival-benefit below any bread-line, running out of savings even of friends and family, it will not be 'the EU' or 'Labour', or even that miserable heckler Jeremy Corbyn 'failed to bounce', that 'takes back' your home and takes you in-hand: it will be Money made God.
What does this ludicrous Dodds woman expect? A Corbyn money tree? The reality is that this dreadful virus will only come under control if people obey the restrictions. While a large minority screw it up, then we are stuck, whatever the government dos or doesn’t do. Businesses moaning, particularly hospitality, simply adds to the public confusion.
The Tories have "borrowed" more money than any government in history and all Labour Governments combined! They spent that money (they have also spent more money than Labour ever has) on boosting the assets of the rich by £100s of £1000s, some by MILLIONS.
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
Public sector net borrowing (excluding public sector banks, PSNB ex) in the first 10 months of this financial year (April 2020 to January 2021) is estimated to have been £270.6 billion, £222.0 billion more than in the same period last year and the highest public sector borrowing in any April to January period since records began in 1993.
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Looks like the 'money tree' has been found already...
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Looks like the 'money tree' has been found already...
The problem is, while the government has vast resources , they're not vast enough.
They can't afford to provide the support that's really needed.
My business is down 70% over last 12 months. We applied for an ARG grant from local council and were given £2,250. Our business turnover is in 7 figures, how far do they think £2,250 is going to go? It's pathetic.
They can't afford to provide the support that's really needed.
My business is down 70% over last 12 months. We applied for an ARG grant from local council and were given £2,250. Our business turnover is in 7 figures, how far do they think £2,250 is going to go? It's pathetic.
The banks were bailed out to such a degree that over a £ TRILLION was added to the national debt.
However, nearly all of that was smoke and mirrors; most of the debt exists on paper and is owed to ourselves.
Government's with their own currencies and through their central banks can never go bust. I've explained this numerous times & have supplied the evidence, which no one ever reads.
However, nearly all of that was smoke and mirrors; most of the debt exists on paper and is owed to ourselves.
Government's with their own currencies and through their central banks can never go bust. I've explained this numerous times & have supplied the evidence, which no one ever reads.
Well said.
It never ceases to amaze me that the body politic believes they make money and create wealth.
It never ceases to amaze me that the body politic believes they make money and create wealth.
No - we were ALL bailed out when the Labour Gov supported the bank's cashflow, since then it has all been repaid with interest.
Focus one interesting fact. Companies going into admistrsttion in 2020 were 40% down on 2019. The 2008 support largely worked. This time we have supported many companies that should have failed without Covid let alone with it. We have wasters billions on fruitless support. The support after the crash worked.
What does this ludicrous Dodds woman expect? A Corbyn money tree? The reality is that this dreadful virus will only come under control if people obey the restrictions. While a large minority screw it up, then we are stuck, whatever the government dos or doesn’t do. Businesses moaning, particularly hospitality, simply adds to the public confusion.
The Tories have "borrowed" more money than any government in history and all Labour Governments combined! They spent that money (they have also spent more money than Labour ever has) on boosting the assets of the rich by £100s of £1000s, some by MILLIONS.
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
Welcome to Tory socialism
"boosting the assets of the rich by £100s of £1000s, some by MILLIONS".......and where do you get this information? Post something that backs that up please
Love the fact you think the rich are only rich because of Boris, you know the top 10 percent of earners in the UK pay 90% of the tax right? The country is already freeloading off the rich, but you see that as the rich getting richer. Amusingly anyone who has less than you also thinks you should pay more, I think you should pay more too, just because... still want to vote Labour?
They inherited a huge deficit from Labour and it has taken a decade to get that under control. Right wingers in the US said the same about Obama when he inherited a huge deficit from Bush.
The Tories should utilise widespread off balance sheet borrowing to fund the NHS...
Lots of people are struggling, and this appears to be an odd example to use. Whilst the couple are understandably cash poor currently, it is clear they are asset rich.
Help should be most targeted at those who truly need it first.
Help should be most targeted at those who truly need it first.
And thats a problem for the taxpayer because? Whoever buys it is then the business owner and the person we, by your logic, we should support. I care about the employees not the buisness owners, they can all sell up as far as im concerend, someone will use the oppertunity to open a buisness post COVID - the world will continue turning, just without them.
No but they won't be destitute either.
So, having weathered the last year, and with the prospect of things opening up now a reality, this is the time that surviving businesses have chosen to give up?
With increased borrowings, opening up can be likened to expansion, a very volatile time for a business even under normal circumstances. With more expenditure/additional funding needed, if even available, opening up may be a step too far for many. A lot's changed over the last 12 months, confidence is shattered, giving up is an option not even dreamt of by many of us this time last year.
Imagine, half-way through a pandemic or world-war, our government announcing 'we're running-out of ration-cards', so time to choose who starves (our credit now running-out in Zurich or wherever else 'our capital' finds its caring home)! LUCKY for us a pandemic, not just a local epidemic, our masters having the 'necessary decency' to see recovery on the way BEFORE demanding those 'pounds of flesh'.
Stayed in a hotel in Devon last October. Booked before the VAT cut. They quoted a price at 20% VAT with a note that if the VAT rate was cut then the price of accommodation would be cut accordingly. Obviously didn’t expect a cut and wouldn’t pass it on at the till. Went in about how hard times were. Cut there nose off to spite their face. Won’t stay there again and we were regulars!
I have to agree with a week to go until 'The Budget' I assume Rishi already has his policy ideas locked in & ready to go. Why are we therefore waiting for this arbitrary date of 3rd March for an announcement?! Just get on with it and provide some certainty already!
My business pays £15,000 per month in business rates, even though we are not using the buildings. Zero Government help for us.
You should try being w Tory party downer, like CTM, a travel agent with Tory party links who have just been given the contract to sell covid test kits to all U.K. arrivals.
So where’s their medical experience then!
So where’s their medical experience then!
Not that level but same here. Get a tier 4 grant of 2k a month but have to give back 3k in business rates and employers NI and pension. Had next to no support for loss of business
Oddly I have no sympathy for you, not sure why but its probably something to do with the fact that when you were doing well you kept the proffit and paid the minimum tax. You are happy to win when you are winning but expect help when you are not, seems hypocritical to me. No I dont buy the "I have employees so I am a great person" you are still in this for yourself...
To the people crying out for more state aid. more grants, more free money - will you be supportive of the government when they have to put taxes up to repay this debt?. Nope. You'll be saying that the tax rises need to target anyone but them.
Given the level of debt, we'll all have tax rises - Inc tax, VAT, IHT, CGT. To anyone who has received support - please don't moan about tax rises
Given the level of debt, we'll all have tax rises - Inc tax, VAT, IHT, CGT. To anyone who has received support - please don't moan about tax rises
I suspect, having all put up with 10 years of Tory austerity while watching those Tory party doners get richer by the minute, they’ll be moaning with their vote at the next election.
Bye bye boris.
Bye bye boris.
26 billion wasted on various PPE contracts.
There had better not be any tax rises.
There had better not be any tax rises.
The trouble is if a lot of businesss fall down and employment rises there will be less to tax
In reality the government know exactly who got furlough, self-employed, UC extra, business rates reduction etc and these people can readily be targeted for a 5%-10% increased taxation rate for the next 5-10 years to repay all the help and free money they have received.
Tax should be on those that got furlough and business that took rates holidays etc. Instead the6 will be the takers and get away with it every time. While the government steals from the poor by inflation. Inflating away their lives. To inflate away rich people’s debts.
you need medical experiance to sell someone someone a box put together by another company? Next you will be asking if the royal mail postman has a medical degree.... get a grip.
Evidence of these links please? Or is it just more "they've got a contract, they must be chums" line.
RE: Boris' weird statement today. When young people go to the pub or a nightclub they have to produce ID at the entrance with Date of Birth such as Passport or Drivers Licence. This is not "a deep and complex issue". It has been in place for decades!
I do have lots of sympathy for those small business owners who have been adversely affected by the lockdown. That said, please don't forget that this is not Rishi Sunak's money or the government's money it's the taxpayers money! We're already in hock up to our ears so really sorry but the answer has got to be no. No more bailout or keep you going money..... for anyone, large or small.
Er...the government prints and borrows money.
Small businesses pay taxes.
It's not your money (or mine for that matter)
If it wasn't for the Govt (via the Treasury) none of us would have any money at all.
Small businesses pay taxes.
It's not your money (or mine for that matter)
If it wasn't for the Govt (via the Treasury) none of us would have any money at all.
Rises in corporation tax, and freezes on income tax thresholds also offer low political pain for yields to the exchequer of many billions.
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Raise CT eh. Interesting, wasn't that Jezza's policy @ the last GE? Seem to recall the Tories raised the spectre of a Venezuelan style economy coming to GB when he suggested it.
Ends justify the means I suppose...
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Raise CT eh. Interesting, wasn't that Jezza's policy @ the last GE? Seem to recall the Tories raised the spectre of a Venezuelan style economy coming to GB when he suggested it.
Ends justify the means I suppose...
Leaving CT at the same rate as in 2010 would have cleared the Deficit on its own by 2018.
Austerity was a con all along.
17,000 fewer hospital beds since looks like a sound policy doesn't it?
Austerity was a con all along.
17,000 fewer hospital beds since looks like a sound policy doesn't it?
To the people crying out for more state aid. more grants, more free money - will you be supportive of the government when they have to put taxes up to repay this debt?. Nope. You'll be saying that the tax rises need to target anyone but them.
Given the level of debt, we'll all have tax rises - Inc tax, VAT, IHT, CGT. To anyone who has received support - please don't moan about tax rises
Given the level of debt, we'll all have tax rises - Inc tax, VAT, IHT, CGT. To anyone who has received support - please don't moan about tax rises
Labour will have to get the money from somewhere and the top 10% of earners in the UK already pay 90% of the tax. Taxing the rich sounds great, real life is more complicated. The super rich will just leave, which then leaves the rest of us and the only solution is to tax normal people who then vote Tory. You may vote Labour despite higher tax, I doubt the rest of the country will.
The problem will be though who to vote for as an alternate to Boris? I suppose the only alternate will be Farage as Labour and Lib Dem’s are unelectable.
I always love simplistic comments like yours. I’ll informed not researched and ultimately meaningless. To boot nothing to do with the current situation. But then you’d rather sloganise than make a meaningful comment
Yawn!!!!!
The trouble is unless you were targeted for austerity you will never understand what it did to the poorest in our society, if the government tried to do the same for the next 10 yrs it will be horrific for those poorest.
the simplest action would be to introduce a covid tax alongside vat, but with no loopholes for business to claim it back, everyone should pay or none should pay it is that simple
the simplest action would be to introduce a covid tax alongside vat, but with no loopholes for business to claim it back, everyone should pay or none should pay it is that simple
Agree with your views, but a bit worried about tory party 'doners'. Isn't turning people into kebabs a bit strong eve for tories?
I do have lots of sympathy for those small business owners who have been adversely affected by the lockdown. That said, please don't forget that this is not Rishi Sunak's money or the government's money it's the taxpayers money! We're already in hock up to our ears so really sorry but the answer has got to be no. No more bailout or keep you going money..... for anyone, large or small.
Yes - much less than we are paying on furlough
I suggest we all wait till next week when the budget review is presented ... Labour is merely grandstanding and talking up something that will be answered very soon.
I hope they extend Furlough till the summer when the vast majority have had the vaccine. If we can open on 12th April as planned we won’t have pre Covid level of trade and will take some time to build up with our clients needing to gain confidence to spend again. It makes sense to extend it till the vaccine rollout to give us a little breathing room to rebuild without redundancies
Furlough has to end - get them on low benefits instead and save the taxpayer. When the time is right those with all the money will invest and call on those with a pair of hands to serve coffee again as they won't earn anything in interest.
This is a male cow's private parts.
A self catering cottage I was interested in for the summer has just increased overnight by £300.
I suppose that's not going to be in the inflation figures and it smacks of fleecing the end customer rather than throwing the towel in.
A self catering cottage I was interested in for the summer has just increased overnight by £300.
I suppose that's not going to be in the inflation figures and it smacks of fleecing the end customer rather than throwing the towel in.
SKS really, really needs a better Chancellor.
??
A better front bench overall would be great.
??
A better front bench overall would be great.
Why had he got one ?
I don't share Anneliese Dodd's politics, but she is a seriously bright woman. She will improve, unlike JC's front bench who generally got worse the more we saw of them.
Her MEP website was big about the LSE but didn't mention the expensive private education, followed by Oxford. That's politicians for you.
Her MEP website was big about the LSE but didn't mention the expensive private education, followed by Oxford. That's politicians for you.
A better shadow chancellor. The real job is already taken by the opposition.
If I was sir Keir, I'd try and get into the Conservative party. He might get to be Prime Minister one day if he does that!
It really doesn't matter how good the Labour ministers are, the Tory apologists will mount a smear campaign against them whatever. This HYS is case in point.
Dodds for instance is a highly qualified lecturer in economics with multiple papers and exceptional credentials showing she knows what she is talking about.
For comparison Sunak and Javid were investment bankers during the 2008 crash.
Dodds for instance is a highly qualified lecturer in economics with multiple papers and exceptional credentials showing she knows what she is talking about.
For comparison Sunak and Javid were investment bankers during the 2008 crash.
Yes - much less than we are paying on furlough
Yeah I'm sure the people with money will just keep it in their pockets earning interest
The Tories have "borrowed" more money than any government in history and all Labour Governments combined! They spent that money (they have also spent more money than Labour ever has) on boosting the assets of the rich by £100s of £1000s, some by MILLIONS.
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
The Govt will roll a million times how good they have been to companies and the Country. The reality is Covid 19 was a product of our abuse of the Planet and its assets so in the future we need growth intertwined with Viability not excitement based on a remake of the Past. That would need clear and viable thinking by the Tory Party can we really wait for that to happen while extinction beckons
No COVID is totally natural and is no more the planet fighting back than AIDS was god attacking gay people. A lack of control over wild animal consumption in China didnt help, but you cant blame Boris for that, or god for that matter.
Removed
Abuse of the planet?
Even the WHO backed away from the report that claimed China was innocent in this. Espically when they found financial links between their author & China. China made a mistake, prob not intentionally, and that is a far cry from abusing the planet.
Even the WHO backed away from the report that claimed China was innocent in this. Espically when they found financial links between their author & China. China made a mistake, prob not intentionally, and that is a far cry from abusing the planet.
Said with all the passion of those who make no real contribution to the present issues. Now is not the time to consider big issues such as extinction when people struggle to pay their mortgage or rent. Get real
What does this ludicrous Dodds woman expect? A Corbyn money tree? The reality is that this dreadful virus will only come under control if people obey the restrictions. While a large minority screw it up, then we are stuck, whatever the government dos or doesn’t do. Businesses moaning, particularly hospitality, simply adds to the public confusion.
Public sector net borrowing (excluding public sector banks, PSNB ex) in the first 10 months of this financial year (April 2020 to January 2021) is estimated to have been £270.6 billion, £222.0 billion more than in the same period last year and the highest public sector borrowing in any April to January period since records began in 1993.
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Looks like the 'money tree' has been found already...
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Looks like the 'money tree' has been found already...
Why can't labour get the message? There IS no certainty about this virus. Another, more deadly, variant could pop up tomorrow and throw all the plans out of the window. And running up an even larger national debt is simply fuelling trouble for later (no doubt what labour are hoping for). Best solution is simply do what you're told, then the plan might work.
Yeah I'm sure the people with money will just keep it in their pockets earning interest
Why can't labour get the message? There IS no certainty about this virus. Another, more deadly, variant could pop up tomorrow and throw all the plans out of the window. And running up an even larger national debt is simply fuelling trouble for later (no doubt what labour are hoping for). Best solution is simply do what you're told, then the plan might work.
Welcome to Tory socialism
RE: Boris' weird statement today. When young people go to the pub or a nightclub they have to produce ID at the entrance with Date of Birth such as Passport or Drivers Licence. This is not "a deep and complex issue". It has been in place for decades!
It makes my blood boil when idiots like Felicity Doubtfire equate proving your age with the significant threats to our freedoms posed by vaccine passports. If ever a bunch of fascists wanted to do a dummy run on how to remove freedoms won over centuries by courageous people who sometimes sacrificed everything Covid has shown them the road map. Freedom is worth more than a virus
This is all very rich coming from the party who want more lock down for longer, and typical of Labours complete an utter lack of understanding of the dire state of the country's finances following this pandemic.
There's a balancing act that's been attempted between saving lives and livelihoods...we might just get away with it under the current government...thank God Labour weren't in power
There's a balancing act that's been attempted between saving lives and livelihoods...we might just get away with it under the current government...thank God Labour weren't in power
So you believe that 120,000 plus deaths of this Tory Govt are a beacon of light for the Country or alternatively just sheer incompetence would be a better description
"Balancibg act between saving lives and livelihoods" not sure this government has got it right. Having seen the governments "attempts" I dont think any party could have done worse!
That is all very dumb coming from a poster who can't understand that wanting an earlier lockdown in March and then September before the virus got out of control would have resulted in lockdown being both shorter and less damaging.
The alternative is that you do understand that but are being deliberately dishonest about it.
Which is it Dumb or Dishonest?
The alternative is that you do understand that but are being deliberately dishonest about it.
Which is it Dumb or Dishonest?
Under the Tories the UK has one of the worst death rates and the worst economic hit in the entire world.
Yet you try and deflect that.
You pretend Labour (who implemented the recommendations of the pandemic preparedness exercise in 2008 immediately) would have handled it worse than the Tories who ignored operation cygnus in 2016, ran down the NHS and failed to act effectively at any point...
Yet you try and deflect that.
You pretend Labour (who implemented the recommendations of the pandemic preparedness exercise in 2008 immediately) would have handled it worse than the Tories who ignored operation cygnus in 2016, ran down the NHS and failed to act effectively at any point...
The Tories have "borrowed" more money than any government in history and all Labour Governments combined! They spent that money (they have also spent more money than Labour ever has) on boosting the assets of the rich by £100s of £1000s, some by MILLIONS.
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
They gave us cuts on cuts, just look at the state of our public services e.g. police, NHS etc.
This was before CV19!!
There's been a few articles recently on the likes of Business Insider about the financial winners and losers from the pandemic. You'd need more than the HYS word count allows to explain why certain sectors of our society will not only come out of the last 12-18 months unscathed, but will be financially even more better off. As for the rest of us...
As one business owner told me last April, drawing upon its cash reserves, his well-established company would survive the initial earthquake that was the first lockdown but his concern was that it would be killed by an aftershock. He's still managing to survive but for many, the money has ran out.
It may sound mean but the country doesnt care about the business owner, only the overall employment medium/long term - if the company goes out of business but another entrepreneur starts a company when its possible to do so and employees the approx same number of people the country will be fine in the medium to long term. This isnt about protecting wealth, its about jobs.
Many businesses are "simply throwing in the towel" because of worries over government support during the next few months, Labour said. Anneliese Dodds argued Boris Johnson's Covid recovery "roadmap" had not brought "certainty". Furlough, the business rates holiday and the VAT cut had to be extended.
Businesses do not need subsidies they need to be able to trade...that is why you are in opposition
Businesses do not need subsidies they need to be able to trade...that is why you are in opposition
Subsidies are the same thing as turnover as far as Labour are concerned, they would run the country like a union if they could - sitting around doing very little getting paid handsomely for it. It works well so long as someone picks up the bill, though it doesnt scale well to country scale, greece is a good recent example of how that turns out.
You may think they are bad but no way can they be as incompetent than this far right Government.
I don't share Anneliese Dodd's politics, but she is a seriously bright woman. She will improve, unlike JC's front bench who generally got worse the more we saw of them.
Her MEP website was big about the LSE but didn't mention the expensive private education, followed by Oxford. That's politicians for you.
Her MEP website was big about the LSE but didn't mention the expensive private education, followed by Oxford. That's politicians for you.
"boosting the assets of the rich by £100s of £1000s, some by MILLIONS".......and where do you get this information? Post something that backs that up please
There's been a few articles recently on the likes of Business Insider about the financial winners and losers from the pandemic. You'd need more than the HYS word count allows to explain why certain sectors of our society will not only come out of the last 12-18 months unscathed, but will be financially even more better off. As for the rest of us...
In what way does Anneliese Dodds think the Government can offer "certainty"? On which planet is she living? The Government is doing what it can to support businesses, but it is not "god" and cannot offer "set in stone" dates for the ending of restrictions. Astounding...................
It's astonishing enough that certain politicians and sectors of the media continue to give the false impression that the government should somehow have such total control over the virus as to decide exactly when there will no longer be a huge number of hospital admissions and deaths from it.
It's even more astonishing how many members of the public evidently believe it.
It's even more astonishing how many members of the public evidently believe it.
More's the pity the UK can't throw in the towel for that dysfunctional family that get's millions from UK taxpayers, I am of course referring to the House of Windsor which must have a HRH having bowel issues since a humble Earl cousin getting some jail time on a similar vein.
I see that Tory party HQ has rolled out the Tory apologist phone bank early this morning.
It explains why they have been so keen to award all those contracts to friends and family. The kickbacks are needed to fund the team employed to defend the indefensible on these (and other) forums.
It explains why they have been so keen to award all those contracts to friends and family. The kickbacks are needed to fund the team employed to defend the indefensible on these (and other) forums.
Same old Labour still trying to spend everyone else’s tax payer money even when not in Gov’t. They are financially inept and this is what caused the problems for UK in 2008. Labour wrecked the UK economy and have the nerve to suggest anyone should take them seriously. Starmer is devoid of original though. And the Party’s political correctness has made them politically irrelevant.
The Tories spending taxpayer's money in a way Corbyn would never have dreamed of. They re-nationalised the railways and much else which was what Corbyn always wanted.
Some people are very, very, very easily fooled.
Some people are very, very, very easily fooled.
A greater example of simplistic drivel would be hard to find.
Even on here....
Even on here....
With the utterly bizarre Anneliese Dodds in the Labour front bench, Boris will be in government for decades to come!
I know I will get shot down for this....
It will hopefully give the LibDems a chance, espically if they can stop themselves shooting them selves in the foot on issues like the EU.
It will hopefully give the LibDems a chance, espically if they can stop themselves shooting them selves in the foot on issues like the EU.
You say that in the same week when the Conservatives vaccines minister claimed that schools were being reopened on 8th March because that is 3 weeks after the middle of April when all the at risk groups will have had their first doses of the vaccine.
Yep he actually claimed March comes after April and that was the basis of the governments decision making. Look it up, he did it on camera.
Yep he actually claimed March comes after April and that was the basis of the governments decision making. Look it up, he did it on camera.
have the companies (even 1) that have thrown in the towel been named by her
There are probably too many to name. I could name you dozens and it's easy enough to look them up.
In what way does Anneliese Dodds think the Government can offer "certainty"? On which planet is she living? The Government is doing what it can to support businesses, but it is not "god" and cannot offer "set in stone" dates for the ending of restrictions. Astounding...................
It's astonishing enough that certain politicians and sectors of the media continue to give the false impression that the government should somehow have such total control over the virus as to decide exactly when there will no longer be a huge number of hospital admissions and deaths from it.
It's even more astonishing how many members of the public evidently believe it.
It's even more astonishing how many members of the public evidently believe it.
You are right up to a point. But you cannot not get away from the fact that this government has preformed really badly. And are totally incompetent.
In what way does Anneliese Dodds think the Government can offer "certainty"? On which planet is she living? The Government is doing what it can to support businesses, but it is not "god" and cannot offer "set in stone" dates for the ending of restrictions. Astounding...................
With the utterly bizarre Anneliese Dodds in the Labour front bench, Boris will be in government for decades to come!
I hope they do. And Starmer. And hopefully they restore the whip to Corbyn too....
Many businesses are "simply throwing in the towel" because of worries over government support during the next few months, Labour said. Anneliese Dodds argued Boris Johnson's Covid recovery "roadmap" had not brought "certainty". Furlough, the business rates holiday and the VAT cut had to be extended.
Businesses do not need subsidies they need to be able to trade...that is why you are in opposition
Businesses do not need subsidies they need to be able to trade...that is why you are in opposition
Subsidies are the same thing as turnover as far as Labour are concerned, they would run the country like a union if they could - sitting around doing very little getting paid handsomely for it. It works well so long as someone picks up the bill, though it doesnt scale well to country scale, greece is a good recent example of how that turns out.
As is the UK, you do know how much your Government is borrowing?
So, how will it turn out? Any ideas?
So, how will it turn out? Any ideas?
As one business owner told me last April, drawing upon its cash reserves, his well-established company would survive the initial earthquake that was the first lockdown but his concern was that it would be killed by an aftershock. He's still managing to survive but for many, the money has ran out.
It may sound mean but the country doesnt care about the business owner, only the overall employment medium/long term - if the company goes out of business but another entrepreneur starts a company when its possible to do so and employees the approx same number of people the country will be fine in the medium to long term. This isnt about protecting wealth, its about jobs.
This is all very rich coming from the party who want more lock down for longer, and typical of Labours complete an utter lack of understanding of the dire state of the country's finances following this pandemic.
There's a balancing act that's been attempted between saving lives and livelihoods...we might just get away with it under the current government...thank God Labour weren't in power
There's a balancing act that's been attempted between saving lives and livelihoods...we might just get away with it under the current government...thank God Labour weren't in power
So you saying that Boris should have ignored the science & followed Sir Kea?
When Boris didnt follow the science on the lead up to xmas it was simply not to criminalise a nation as *that* would have had a major repercussion lasting decades.
When Boris didnt follow the science on the lead up to xmas it was simply not to criminalise a nation as *that* would have had a major repercussion lasting decades.
So no one would have died under Labour? Wow
The Govt will roll a million times how good they have been to companies and the Country. The reality is Covid 19 was a product of our abuse of the Planet and its assets so in the future we need growth intertwined with Viability not excitement based on a remake of the Past. That would need clear and viable thinking by the Tory Party can we really wait for that to happen while extinction beckons
Labour will have to get the money from somewhere and the top 10% of earners in the UK already pay 90% of the tax. Taxing the rich sounds great, real life is more complicated. The super rich will just leave, which then leaves the rest of us and the only solution is to tax normal people who then vote Tory. You may vote Labour despite higher tax, I doubt the rest of the country will.
I'll pay tax to support people who, in normal times, support themselves and take some personal responsibility or those with genuine disabilities. I won't keep paying to afford those who do not and will not contribute a certain lifestyle.
The top 10% of earners pay 90% of direct taxes (but you ignore the indirect taxation that is more directed at the less well off)
direct taxes account for only 25% of all taxes, so in reality that 90% is 22.5%
As ever the Tory apologists twist the figures to fit their agenda.
direct taxes account for only 25% of all taxes, so in reality that 90% is 22.5%
As ever the Tory apologists twist the figures to fit their agenda.
https://fullfact.org/economy/do-top-1-earners-pay-28-tax-burden/
Facts vs Tory misrepresentations
" Households earning the top 10% of incomes pay about 27% in total of most direct and indirect taxes, according to Office of National Statistics (ONS) data. This figure has remained roughly constant since 2009/10"
If you compare % tax paid to earnings level they actually pay less than average %
Facts vs Tory misrepresentations
" Households earning the top 10% of incomes pay about 27% in total of most direct and indirect taxes, according to Office of National Statistics (ONS) data. This figure has remained roughly constant since 2009/10"
If you compare % tax paid to earnings level they actually pay less than average %
And thats a problem for the taxpayer because? Whoever buys it is then the business owner and the person we, by your logic, we should support. I care about the employees not the buisness owners, they can all sell up as far as im concerend, someone will use the oppertunity to open a buisness post COVID - the world will continue turning, just without them.
Just to balance this out, please let us know how many £Bn has been 'given away' on defective PPE at inflated prices, mis-use of furlough with no recourse to get it back, failed track and trace, etc etc. This Govt is not squeaky clean despite your efforts to paint them that way.
Same old Labour still trying to spend everyone else’s tax payer money even when not in Gov’t. They are financially inept and this is what caused the problems for UK in 2008. Labour wrecked the UK economy and have the nerve to suggest anyone should take them seriously. Starmer is devoid of original though. And the Party’s political correctness has made them politically irrelevant.
Subsidies are the same thing as turnover as far as Labour are concerned, they would run the country like a union if they could - sitting around doing very little getting paid handsomely for it. It works well so long as someone picks up the bill, though it doesnt scale well to country scale, greece is a good recent example of how that turns out.
He 'aint worth it.
Oddly I have no sympathy for you, not sure why but its probably something to do with the fact that when you were doing well you kept the proffit and paid the minimum tax. You are happy to win when you are winning but expect help when you are not, seems hypocritical to me. No I dont buy the "I have employees so I am a great person" you are still in this for yourself...
Come on Nath, you are making big assumptions about RDG. Rents are a genuine issue, I havent got that as an issue (micro-sme ??)
All companies try & pay minimal tax without breaking the law. This pandemic is off the charts for impact & absolutely no one knew the impact & when it would occur. Hard for businesses to grow with this going on.
All companies try & pay minimal tax without breaking the law. This pandemic is off the charts for impact & absolutely no one knew the impact & when it would occur. Hard for businesses to grow with this going on.
The problem is, while the government has vast resources , they're not vast enough.
They can't afford to provide the support that's really needed.
My business is down 70% over last 12 months. We applied for an ARG grant from local council and were given £2,250. Our business turnover is in 7 figures, how far do they think £2,250 is going to go? It's pathetic.
They can't afford to provide the support that's really needed.
My business is down 70% over last 12 months. We applied for an ARG grant from local council and were given £2,250. Our business turnover is in 7 figures, how far do they think £2,250 is going to go? It's pathetic.
Its not pathetic, its better than zero which is what you should get. You seem to think the country owes you for the fact that you have a company and can make lots of proffit - why? You pay tax sure but only because you have to, you keep as much as you can. The country owes you nothing, you are in this for yourself, dont pretend otherwise.
Do you have any idea how absurd your comment is? Nobody can criticize Labour for what they have done, they havent been in power for almost a decade and half and Starmer has never been in power - he has literally done nothing, for anyone, anywhere at any point. Politics is about mud slinging, what matters is what sticks not who does or does not find fault.
Same old Labour still trying to spend everyone else’s tax payer money even when not in Gov’t. They are financially inept and this is what caused the problems for UK in 2008. Labour wrecked the UK economy and have the nerve to suggest anyone should take them seriously. Starmer is devoid of original though. And the Party’s political correctness has made them politically irrelevant.
As if they know.