UK Conservative Party Leadership Election

So pretty clear that any woman who disagrees with this is to be hated and degraded.

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Saw clips of it earlier. Looked and went shows the support when only a few hundred were there protesting and there were just as many booing them.

I say hope the SNP keeps up their recent run as Sturgeon is that desperate instead if gaining support she is losing it . And for her to actually say on air when questioned and trying to defend reasons why 16 year old are old enough that maybe it is time they looked into them also being allowed to.legally buy alcohol in pubs was a major balls up even by her standards. Normally she speaks well while deflecting away from subject very rare she actually says something on air that she will know instantly was stupid. But yeah let's have 16 year old legally drinking in pubs lol just shows how crazy and desperate she is becoming.
 

Pictured: Doctor shows army of ‘pointless’ forms burying NHS hospitals​


Dr Gordon Caldwell took this photograph of the forms required for one medical admission to an NHS hospital, which shows them stretching beyond his 5ft 10in frame

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The specialist in general medicine and diabetes endocrinology said: “A few years ago there were estimates that nurses were spending around 50 per cent of their time on paperwork; now I’d say it’s closer to 70 per cent.”

“It’s bureaucratic and it’s very slow and horribly inefficient,” he said.

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They must spend more time staring at and filling in forms than time with the patients.

I wonder if it comes down to covering arses so the nhs doesn't get sued, like a paper trail of care given and decisions made otherwise they can't prove anything if challenged.
 

Pictured: Doctor shows army of ‘pointless’ forms burying NHS hospitals​


Dr Gordon Caldwell took this photograph of the forms required for one medical admission to an NHS hospital, which shows them stretching beyond his 5ft 10in frame

f05e8541a69a877307c07835c9af471132d76fe9.webp


The specialist in general medicine and diabetes endocrinology said: “A few years ago there were estimates that nurses were spending around 50 per cent of their time on paperwork; now I’d say it’s closer to 70 per cent.”

“It’s bureaucratic and it’s very slow and horribly inefficient,” he said.

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They must spend more time staring at and filling in forms than time with the patients.

I wonder if it comes down to covering arses so the nhs doesn't get sued, like a paper trail of care given and decisions made otherwise they can't prove anything if challenged.
One of the possible issues is that, with 'efficiencies' (and they have done this), admin functions have been removed from a lot of areas - what happens is that they then get moved to someone like a nurse as 'part of their job', which doesn't help: it's why the whole 'there are too many pen pushers in the NHS' isn't always an accurate reflection: it's those folk who free the professionals up to do what they do etc

Pointless forms? Probably/likely - sometimes blame the overzealous Legal Departs - naturally risk averse and i know from a previous life you'd have been looking at 20, when all the info was essentially on 5 etc - it has/did improve

It is a tricky balancing one because when you seen the claims for malpractice/negligence coming in, what was being held (decisions/sign offs of x,y,z) needed to be down to a T or your claims handlers would be telling you that you needed to settle, no point fighting it etc.

It get's increasingly difficult to have any confidence in the NHS - take even Saturday from a person point of view - kid taken to Hospital, despite Strep A increases and at A&E they kept going: oh, it's viral....having to actually almost force them to check the throat....comes back....yeah it's bacterial....wtf. Maybe why some people get accused of 'oh, coming in here thinking YOU ARE the doctor' because they're having to do exactly that to make sure everything is gone through.

Nice article the other day regarding the bravado when Govt's announce: 500m EXTRA for the NHS. Broke down that 'extra': well it wasn't really; something like (make the numbers up but general gist): 450 of that was 'ring fenced' money for 'new' policies. Which leaves 50m to deal with pay awards, inflationary increases and that's even before we go into increased demand - so if our own Govt can't even be open about the funding, but rather rely on other bodies (who may swing left/right), then what hope is there of actually addressing the issue properly.
 
Well I don't know about you dunover, and call me old-fashioned perhaps, but I don't routinely check out the cocks of the people stood next to me at the stall when I go for a piss in the pub.

So I most likely wouldn't even notice, but even if I did become aware of such a truly terrifying prospect (a person using a toilet, heaven forfend!) - I'm sure I'd cope.

For all I know it's already happened (we have trans people on the IOM), and somehow I seem to have survived, maybe I just got lucky :)
You would if I came and stood next to you, you wouldn't know where to look. And that's without the wig, lippy and high heels.
 
Saw clips of it earlier. Looked and went shows the support when only a few hundred were there protesting and there were just as many booing them.

I say hope the SNP keeps up their recent run as Sturgeon is that desperate instead if gaining support she is losing it . And for her to actually say on air when questioned and trying to defend reasons why 16 year old are old enough that maybe it is time they looked into them also being allowed to.legally buy alcohol in pubs was a major balls up even by her standards. Normally she speaks well while deflecting away from subject very rare she actually says something on air that she will know instantly was stupid. But yeah let's have 16 year old legally drinking in pubs lol just shows how crazy and desperate she is becoming.
Yeah, i agree she's probably picked the wrong subject to wager the PR exercise of: look at them using the s35 (or whatever) as an attempt to garner support. Had it been something else, maybe politically astute but she's taking a bit of a risk with this one in trying to frame it to her own will.

Said on here before, the SNP are why Indep is on the table but they're also the reason why it never went through last time IMO.

Going to be one of those votes (if it happens) what really come down to the 3 mins walking into a polling booth if it happens - I've been the same, started off: i'm ending this Labour voting with a Tory vote, heard something in the run up and then when i got in, went: i just can't do it.

What's clear though is the SNP will latch onto any and everything to push what they want - oddly enough, not a well thought out whitepaper.
 
The lunatics are taking over the asylum yet again. In a decree by immigrant Labour London mayor 'soft muslim' Khan, the city is having a cultural naming inquiry whereby roads, school names, building names and statues are being 'investigated' for possible offence.

So we go to Haringey where there is a street called 'Black Boy Lane' (no-one seems to know where the name came from, probably a coal or chimney sweep depot using child labour in olden times, so the kids were blackened?) Who knows.

So they ask the 36 households in the 'offending' lane to vote on a name change, 87% say leave it as is, including ALL THREE black households living there.
In true lib-fascist style, you WILL vote again until we get the right answer. The vote, after another council meeting, was extended to a bigger area of the brough surrounding it. Alas, no joy and still a big majority said to leave it.

Another meeting, and the 'vote' was sent out to residents and businesses even outside of the borough. Got a slight nod this time, mainly from people who had never seen it.

So the sign was changed to 'La Rose Lane' (some black poet apparently, nobody has heard of outside Haringey or the BBC I'd guess) and underneath La Rose Lane in brackets the sign says "Formerly Black Boy Lane":laugh:
The cost of all this shite? £187,000 or £5k per houshold there. Or all that year's council tax raised from over 90 households (assuming no benefits.)

Yep, enough to build a council house on a piece of local land, or pay 5 NHS nurses for a year. Or to get 5 bonuses on Bonanza.

Maybe @ChopleyIOM should take note of this and learn why woketards, lefties, liberals and others of his ilk never win elections. In delusional la-la land, in the kingdom of the blind, the one-eyed man is king. But nowhere else.
 
The lunatics are taking over the asylum yet again. In a decree by immigrant Labour London mayor 'soft muslim' Khan, the city is having a cultural naming inquiry whereby roads, school names, building names and statues are being 'investigated' for possible offence.

So we go to Haringey where there is a street called 'Black Boy Lane' (no-one seems to know where the name came from, probably a coal or chimney sweep depot using child labour in olden times, so the kids were blackened?) Who knows.

So they ask the 36 households in the 'offending' lane to vote on a name change, 87% say leave it as is, including ALL THREE black households living there.
In true lib-fascist style, you WILL vote again until we get the right answer. The vote, after another council meeting, was extended to a bigger area of the brough surrounding it. Alas, no joy and still a big majority said to leave it.

Another meeting, and the 'vote' was sent out to residents and businesses even outside of the borough. Got a slight nod this time, mainly from people who had never seen it.

So the sign was changed to 'La Rose Lane' (some black poet apparently, nobody has heard of outside Haringey or the BBC I'd guess) and underneath La Rose Lane in brackets the sign says "Formerly Black Boy Lane":laugh:
The cost of all this shite? £187,000 or £5k per houshold there. Or all that year's council tax raised from over 90 households (assuming no benefits.)

Yep, enough to build a council house on a piece of local land, or pay 5 NHS nurses for a year. Or to get 5 bonuses on Bonanza.

Maybe @ChopleyIOM should take note of this and learn why woketards, lefties, liberals and others of his ilk never win elections. In delusional la-la land, in the kingdom of the blind, the one-eyed man is king. But nowhere else.
Something similar in Belfast a few years ago, councillors voted to bring in an edict that if 15% of residents wanted a street sign put up in Irish on their street then it was fook the rest of the residents, the 15% got their way.
Mental that now we are living in such a forward thinking society that the majority are just ignored in almost everything, they have no voice and the more of a minority you are the more you get your way. So glad 2 uncles died in WWII to save democracy......
 
Just saw the pic on twitter, surprised the normally calm and law abiding folk from the gypsy community aren't now up in arms, but I think I know why they added the formerly part, not to help confused locals looking for a missing street, but to emphasise their politically correct [hate that phrase] reasons why it had to be changed. :rolleyes::mad:... might as well called it stormzy avenue or rashford road, though I'd love to know the other names they did consider, even corbyn crescent has a nice ring :p

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I would agree with you on Dunovers example. And I would also agree with uou on some of what you say.

But sorry think you also need to research what I said as well.

Fact especially in Scotland many woman's groups are against the changes. And yes it is becoming a problem in this country and around the world where everything is getting changed to unisex etc. to put a minority first.

And maybe at moment things are not that bad tho there are already cases about men in woman's changing rooms etc.

Take this week. Sturgeon managed to get a law passed in this country that thankfully got overruled by Westminister. You do know that some of it means a man without even medical proof can basically identify as a woman after time scale of living as one for 3 months and could then legally use woman's changing rooms etc . If you can not see what sort of problems this may cause then indeed you live in a sheltered world. And it is actually more female than male that are against all the changes. Okay most people will not take advantage and many will be genuine. But you are opening it up for every pervert , peadophile etc. to go hey now i don't need medical diagnose, treatment or anything I just need to identfy myself as a woman and free to go in their changing rooms. Okay many won't but guaranteed some will and even one is one too many. And no there will be no background checks or security as that is classed as against the person's right to identify as a woman. Fuck sake a sex offender could do the same and nothing could be done as they have same rights as anyone else to change their gender. And yet you still say you do not see anything wrong with way things are going.

Not even going into any of this crazy shit now where there are hundreds of different binary descriptions for a person and you are hearing you should not even call a man he as you don't know what he identifies is just getting stupid. Was bad enough when you should not useikl postman as woman thought that sexist but now you are getting advised not to use anything until you know. Even in new job during training they had junk about how to call someone by their name and never refer to a colleague as him or her etc. As it may cause offence. Really is that what the world is coming to that if you innocently say ask him if he knows where it is you can then get into trouble.

Sorry Chopley but this country is going way over the top and everyone out seems to be so sensitive and offended by the simplest thing. But hey what the hell I can identify as a non binary elephant fr9m tomorrow if i wished and people have to respect that. Sorry but whether you agree or not and whether your polls say so it's all getting out of hand and the majority would agree. Just when asked a lot are too scared to say otherwise for fear of all the backlash from a minority .
Here you go, straight away, this person would be allowed to piss in women's bogs in Scotland if Sturgeon and her cronies has their way...

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Maybe @ChopleyIOM should take note of this and learn why woketards, lefties, liberals and others of his ilk never win elections. In delusional la-la land, in the kingdom of the blind, the one-eyed man is king. But nowhere else.

You've seen the current polling, right?

Anyway, Zahawi's gone, sacked by Sunak for breaking the ministerial code over his tax dodging. That's a step up from Johnson at least, who saw no reason whatsoever to sack his ministers when they broke the ministerial code.

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Calls for Zahawi to quit as an MP, following his financial fiddling.

Though in fairness he's been shady for the longest time, and the chickens are simply coming home to roost.

One ministerial oversight cockup, one might raise an eyebrow. Two, it starts looking 'rather suspect'. Seven, and it's just outright neglect and feelings of moral superiority, and feeling untouchable.

Sunak copping the flak for not cutting Zahawi adrift sooner, and I think we can all hazard a guess as to that one. I suspect - and I could be wrong here - Sunak was willing to ignore the furore and let it simmer down, hoping it would eventually go away as a non-story. After all, Zahawi paid it back, right?

Turns out it wasn't that simple, and Zahawi's rap sheet longer than Pinochio's nose. And so being the calculating wizz-kid that he is, like making pretend money over Furlough, figured banishing him from Team Rishi would be good for PR.

Bit late, but at least he tried. But fear not, I'm sure we'll see Zahawi pop up in another Cabinet post in around eight months :laugh:
 
Gobshite pram- pusher Angela Rayner spouting her usual bile by opposing the deployment of emergency laws in case of future strike action, hoping instead for a throwback to when Unions could cripple the entire country and keep it in a grip of fear.

Because apparently keeping essential services running, as well as educating a generation whose education's been already heavily disrupted, is a bad thing, under the pretext that Labour care about your average worker *chortle*

Labour really 'Labouring it up' and looking to truly balls up any realistic chance of getting into power, by causing yet more animosity and division - their forte.

"Education, Education, Education" my arse :laugh:

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Gobshite pram- pusher Angela Rayner spouting her usual bile by opposing the deployment of emergency laws in case of future strike action, hoping instead for a throwback to when Unions could cripple the entire country and keep it in a grip of fear.

Because apparently keeping essential services running, as well as educating a generation whose education's been already heavily disrupted, is a bad thing, under the pretext that Labour care about your average worker *chortle*

Labour really 'Labouring it up' and looking to truly balls up any realistic chance of getting into power, by causing yet more animosity and division - their forte.

"Education, Education, Education" my arse :laugh:

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Well, if Labout get in your arse would probably receive much education over the term.
 
Gobshite pram- pusher Angela Rayner spouting her usual bile by opposing the deployment of emergency laws in case of future strike action, hoping instead for a throwback to when Unions could cripple the entire country and keep it in a grip of fear.

Because apparently keeping essential services running, as well as educating a generation whose education's been already heavily disrupted, is a bad thing, under the pretext that Labour care about your average worker *chortle*

Labour really 'Labouring it up' and looking to truly balls up any realistic chance of getting into power, by causing yet more animosity and division - their forte.

"Education, Education, Education" my arse :laugh:

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Well when everything else has failed, what else does the average man or woman have left to them as a course of action than the threat of withdrawing their labour, and if that doesn't work, then to actually go through with it and withdraw their labour? (Y'know, labour, Labour Party, there's a clue in the name.)

Workers organising themselves and going down the route of collective bargaining is the only reason we have stuff like holiday pay, sick pay, maternity leave, two day weekends, paid lunch breaks, maximum working hours, minimum rates of pay, sensible retirement ages, meaningful health & safety legislation, and so on.

Those who know their history, will know that the lives of the working classes in the 1800s and early 1900s were incredibly brutal and poor, marred by illness, infirmity, and early death, thanks to a system that neither cared about them, nor represented them.

Looking into the detail of what Labour are proposing with the 'Minimum Service Level' legislation, they're just after the chance to analyse and debate it properly, and at least see some impact assessments in terms of the consequences, before it gets rushed through parliament without proper scrutiny. (I thought one of the big BREXIT BENEFITS was restoring the primacy of the UK Parliament, so why are the Tories trying to rush shite (quite possibly illegal) legislation through it at a million miles per hour? The last time they did this, if you'll recall, was the amazing Brexit trade deal, and look how that ended up, with monumental turd-for-brains IDS declaring there was no need to debate it because everyone knew everything about it already - LOL, good call Iain, you giant thick twat.)

Ultimately goaty, I'm wondering what it is you're advocating for here, because once workers lose the right to strike, they lose the right to defend themselves, to fight for themselves, to draw a line in the sand and say 'no more'. We're talking about workers that have in some cases lost 20-25% of their income in real terms since 2010, what do you propose they do, just lie down and take it?

The point they're making is that services are already crippled and on their knees, they're already not doing what they're supposed to do, thanks to thirteen years of chronic underfunding, people are leaving these services in droves, the vacancy rates in services like Education and the NHS are appalling and only getting worse, the strikes are intended to focus minds on the wider problem. Nurses and teachers are not loony militants, they're decent, hard-working people who have been pushed, and pushed, and pushed - every worker has the fundamental human right to say, 'No, no more, I will not work for you any longer, until you improve the conditions under which I work. And if you refuse, I will withdraw my labour'.

The path we're going down has an endpoint, we've been there before, it's called feudalism. Spoiler alert - It's not very nice for normal people.
 
Well when everything else has failed, what else does the average man or woman have left to them as a course of action than the threat of withdrawing their labour, and if that doesn't work, then to actually go through with it and withdraw their labour? (Y'know, labour, Labour Party, there's a clue in the name.)

Workers organising themselves and going down the route of collective bargaining is the only reason we have stuff like holiday pay, sick pay, maternity leave, two day weekends, paid lunch breaks, maximum working hours, minimum rates of pay, sensible retirement ages, meaningful health & safety legislation, and so on.

Those who know their history, will know that the lives of the working classes in the 1800s and early 1900s were incredibly brutal and poor, marred by illness, infirmity, and early death, thanks to a system that neither cared about them, nor represented them.

Looking into the detail of what Labour are proposing with the 'Minimum Service Level' legislation, they're just after the chance to analyse and debate it properly, and at least see some impact assessments in terms of the consequences, before it gets rushed through parliament without proper scrutiny. (I thought one of the big BREXIT BENEFITS was restoring the primacy of the UK Parliament, so why are the Tories trying to rush shite (quite possibly illegal) legislation through it at a million miles per hour? The last time they did this, if you'll recall, was the amazing Brexit trade deal, and look how that ended up, with monumental turd-for-brains IDS declaring there was no need to debate it because everyone knew everything about it already - LOL, good call Iain, you giant thick twat.)

Ultimately goaty, I'm wondering what it is you're advocating for here, because once workers lose the right to strike, they lose the right to defend themselves, to fight for themselves, to draw a line in the sand and say 'no more'. We're talking about workers that have in some cases lost 20-25% of their income in real terms since 2010, what do you propose they do, just lie down and take it?

The point they're making is that services are already crippled and on their knees, they're already not doing what they're supposed to do, thanks to thirteen years of chronic underfunding, people are leaving these services in droves, the vacancy rates in services like Education and the NHS are appalling and only getting worse, the strikes are intended to focus minds on the wider problem. Nurses and teachers are not loony militants, they're decent, hard-working people who have been pushed, and pushed, and pushed - every worker has the fundamental human right to say, 'No, no more, I will not work for you any longer, until you improve the conditions under which I work. And if you refuse, I will withdraw my labour'.

The path we're going down has an endpoint, we've been there before, it's called feudalism. Spoiler alert - It's not very nice for normal people.
Damn you and your reasonable response Chopley. Damn you to hell! :p

No, of course I don't advocate for workers to get a pittance relative to their skillset and working environment, nor do I cherish the Government dragging their heels and playing hardball with the Unions, as they're not the ones affected by this.

But I don't buy that rail workers'/ nurses' pay isn't commensurate with their workload, in fact I believe many to be far better off than your average Joe, e.g Retail workers or Amazon delivery serfs, and many other sectors.

And so there comes a point where their demands start testing the patience of, say, everyone else, as barring 'Defence' spending, Health & Transport are what keeps the country moving. Nine months and counting, with further action planned, it's just become a succession of ultimatums that help no one.

I mean sure, 20% is nice to have, and we'd all like to future-proof ourselves going forward, not to mention Health workers in particular having been overlooked for inflation- rivalling pay increases, but as we know, there's only one way inflation's headed, and it's not towards the 'barrel-load of bank notes to buy a loaf of bread', so it'd be nice if we could attain some perspective from all sides.

That's to say, unless we all enjoy hopping on the alternative, designates bus routes provided to us as Charing Cross runs a skeleton crew, or we revel in comforting an elderly relative as the A&E gives one an average wait time of 14+ hours?
 
Damn you and your reasonable response Chopley. Damn you to hell! :p

No, of course I don't advocate for workers to get a pittance relative to their skillset and working environment, nor do I cherish the Government dragging their heels and playing hardball with the Unions, as they're not the ones affected by this.

But I don't buy that rail workers'/ nurses' pay isn't commensurate with their workload, in fact I believe many to be far better off than your average Joe, e.g Retail workers or Amazon delivery serfs, and many other sectors.

And so there comes a point where their demands start testing the patience of, say, everyone else, as barring 'Defence' spending, Health & Transport are what keeps the country moving. Nine months and counting, with further action planned, it's just become a succession of ultimatums that help no one.

I mean sure, 20% is nice to have, and we'd all like to future-proof ourselves going forward, not to mention Health workers in particular having been overlooked for inflation- rivalling pay increases, but as we know, there's only one way inflation's headed, and it's not towards the 'barrel-load of bank notes to buy a loaf of bread', so it'd be nice if we could attain some perspective from all sides.

That's to say, unless we all enjoy hopping on the alternative, designates bus routes provided to us as Charing Cross runs a skeleton crew, or we revel in comforting an elderly relative as the A&E gives one an average wait time of 14+ hours?

The key word you use in that post goaty, and I'll focus on it if I may, is 'serf'. You used the word in relation to Amazon delivery workers. There is an accepted definition of the word serf, and it stood out to me because I used the word 'feudalism' in the post you were quoting.

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That's the thing here goaty, you're clearly a smart guy, and indeed that's actually one of the nicer things about being a member here at CM, it's full of smart people who think about things and take the time out of their to day to post coherent and respectful replies to the thoughts of others. (To be clear here, I have very obvious and profound differences of opinion with other CM members about a lot of stuff, but I don't think anyone else here is stupid.)

There's a reason you reached for the word 'serf', and the question we then have to ask is, why should serfdom be a thing in the UK, one of the richest economies in the world (as we're often reminded....), when we know for a fact that the UK is also home to more millionaires and billionaires then ever before?

So yes, against the backdrop of 'serfdom' being an actual thing in the UK (or something very close to it, like scarily close to the literal definition of serfdom), of course it stands to reason that there will be some working class people who are still doing better than the serfs. (Those who managed to retain decent salaries and benefits, the likes of which were considered absolutely routine for the previous generation, but are now an increasing rarity or even 'luxury'.)

And from there, what is it we want to see? That all working class people are reduced back down to serfdom? (Because that's where we came from.) Remember, we're not talking about rich people here, we're talking about working class people who have (in the main) managed to retain a decent, albeit rather modest in the grand scheme of things, standard of living.

Nurses and teachers and train drivers are not the bad guys here, they're not our enemies, the likes of Zahawi who tried to dodge MILLIONS OF POUNDS IN TAX and ended up paying a ONE MILLION POUND PENALTY at the end of a process that was in progress when he was the actual Chancellor of the Exchequer, they're the rogues of this piece, not your massively overworked nurse who just wants to be able to get by in life without a struggle. (Whilst, y'know, possibly saving your life or someone close to you one day.)

The problem here is that the 'Amazon serf' (your words, not mine) exists, it's not those people in working class professions who are still able to enjoy a reasonable standard of living as the fruits of their labour.

The goal here is to stop 'Amazon serfs' being a thing, not to kick those close to us on the ladder further down. We're on the same side as them.

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All of these strikes are in the public sector that's one of the differences to the olden days Chopley alludes to, and when the people decided they wanted to be an NHS nurse they knew it was not going to be the land of milk and honey in terms of take home pay but there are other things they enjoy that the private sector won't give them.

That said as a top 10 economy you'd have to look at the pay and perks of nurses in comparative countries, then make your case from there.

I can't see the management striking over pay anytime soon:

"In 2010, as the coalition embarked on its controversial reforms aimed at opening the service up to more private competition, ministers told the Senior Salaries Review Body (SSRB) that by the time the changes were completed in April this year, there would be fewer than 100 very senior managers working in the top salary bracket of between £70,000 and £240,000 a year. But the Department of Health last night confirmed recent SSRB data which shows the number is now 428, including 211 super-managers at NHS England, the new body which oversees the budget and delivery of day-to-day services. The average pay of these managers is around £123,000 a year.

The figures do not include the 259 chief executives of NHS trusts whose pay is set by their own organisations' remuneration committees and in some cases is more than £240,000 a year.

The revelations will pile more pressure on ministers after it emerged that some 2,200 NHS managers have been made redundant with large payoffs, only to be re-employed soon after."

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That was 12 years ago so I wonder what they're on now?

I bet we're employing more managers than other top countries and paying them more, and the reverse for the rest of the staff, and probably it stokes resentment when the nurses can see brand new range rovers and jags appearing each year in the staff car park. The NHS has to cut its cloth fairly across the board.
 
(To be clear here, I have very obvious and profound differences of opinion with other CM members about a lot of stuff, but I don't think anyone else here is stupid.)
Yet you have this amazing propensity to over-emphasise, repeat yourself and talk down to the rest of us. As if we are incapable of digesting any point(s) you make. This is either an intellectual inferiority complex, or a lack of confidence in your own speech and expression or lastly some divine sense that you are correct every time. There's self-belief and there's patronization. :)

That aside, the remarkable thing about the English language is its versatility, its ability to adapt to the age of usage. 'Pleb' for example once meant common persons without direct representation. Serfs were the English equivalent of the Scottish crofters, on the land by favour of its owner and scraping a living with no security. So nowadays, in context, we refer to the plebs and serfs in terms of those with least investment in society, least potential, maybe on welfare or in low-paid dead-end employment. The present day equivalent of their ancient namesakes. Nothing to be pedantic about.

If we take other words according to your logic we could routinely and openly use the word 'gay' or 'nigger' or 'paki' still as none of them originally meant what they do in the context of today. The first meant colourful or happy, the second came from explorers in the Niger delta (where the local tribes were so dark they actually had a bluish sheen to their skin) so 'black as a Niger' came into being and the third was simply an abbreviated term for 'Pakistanis', a right mouthful for native English speakers here so was quickly shortened. Now they have been ringfenced as offensive after being misused, a fate that will no doubt await 'serf' and 'pleb' if the wrong thinkers or people dare use them.
 
Leaving dunover's slightly bizarre contribution aside, let's have a look at today's cheery news, as the party of economic competence continues to steer the good ship Britannia into calmer and more prosperous waters.

Oh.

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Still at least interest rates aren't going up any further, right? Oh. THANKS TRUSS AND KWARTENG, GREAT WORK.

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Anything else?

DON'T TAKE IT OUT ON MR BLOBBY.

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Leaving dunover's slightly bizarre contribution aside, let's have a look at today's cheery news, as the party of economic competence continues to steer the good ship Britannia into calmer and more prosperous waters.

Oh.

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Still at least interest rates aren't going up any further, right? Oh. THANKS TRUSS AND KWARTENG, GREAT WORK.

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Anything else?

DON'T TAKE IT OUT ON MR BLOBBY.

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You should work for the BBC, with your misleading-news-via-omission.
For the benefit of those of us (99%) who read this thread and who @ChopleyIOM believes are incapable of keeping up with the news ourselves without his constantly pasting it here, let's add the bit he's conveniently omitted:

"However, the IMF also said that it thinks the UK is now "on the right track".
 
Well technically speaking, if you're heading towards a cliff edge and you change track so that you crash into a barn full of shit as opposed to falling off the cliff, you chose the 'right track'.

The UK has lower projected economic growth than....... Russia. Y'know, that country that MOST OF THE WORLD HAS IMPOSED ECONOMIC SANCTIONS ON, and they're still expected to do better than the UK.

Then again, the UK chose to impose massive and crippling economic sanctions on itself via Brexit, so I guess it makes sense.

1675178012183.webp
 
All of these strikes are in the public sector that's one of the differences to the olden days Chopley alludes to, and when the people decided they wanted to be an NHS nurse they knew it was not going to be the land of milk and honey in terms of take home pay but there are other things they enjoy that the private sector won't give them.

That said as a top 10 economy you'd have to look at the pay and perks of nurses in comparative countries, then make your case from there.

I can't see the management striking over pay anytime soon:

"In 2010, as the coalition embarked on its controversial reforms aimed at opening the service up to more private competition, ministers told the Senior Salaries Review Body (SSRB) that by the time the changes were completed in April this year, there would be fewer than 100 very senior managers working in the top salary bracket of between £70,000 and £240,000 a year. But the Department of Health last night confirmed recent SSRB data which shows the number is now 428, including 211 super-managers at NHS England, the new body which oversees the budget and delivery of day-to-day services. The average pay of these managers is around £123,000 a year.

The figures do not include the 259 chief executives of NHS trusts whose pay is set by their own organisations' remuneration committees and in some cases is more than £240,000 a year.

The revelations will pile more pressure on ministers after it emerged that some 2,200 NHS managers have been made redundant with large payoffs, only to be re-employed soon after."


--------


That was 12 years ago so I wonder what they're on now?

I bet we're employing more managers than other top countries and paying them more, and the reverse for the rest of the staff, and probably it stokes resentment when the nurses can see brand new range rovers and jags appearing each year in the staff car park. The NHS has to cut its cloth fairly across the board.
Used to see that often - they'd leave on a final salary pension (reasonably now changed to Career average - it was so opportune as to how there would be a job evaluation, a mere few months before the retirement date, that would bump a salary up X amount :laugh:) and come back in another capacity.

Certainly a point for debate re the management layers - some countries run a lot more agile with theirs - decisions/board members mainly doctors etc. The downside though can be you lose budgetary control as you don't have that layer of 'admin', upside is you get quick swifter decisions, less red tape and better care.

Said before, until we take the politics out of it, it will go nowhere.
 
It's not all bad news - the BoE are limping along the final stretch, looking to increase the interest rate to 4% on 'Super Thursday', with just one more increase expected afterwards, TBA.

Then we can pop the champagne corks and do the Lambada as we put the end of rampant inflation and unsustainable living finally behind us!!!

Also, retailers not ones to waste an opportunity before it all goes wrong for them, have managed to hit a peak of 16.7% in grocery overcharging, an impressive slice of opportunism if ever I saw it, really milking the masses for all they're worth. Question is: can they rip us off for 20% before all's said and done?...

OIP.4oaXMLvUtTLZv83OUt0v8gHaEK


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Opportunism when it comes to charging, surely not....

Reminds me of a company, doing work in April 2020 (ignore the fact if they should have been working and/or claiming furlough) and claiming the prices had gone up since CV-19 struck - a business with a big warehouse, presumably with large stock and bought at pre-CV-19 prices, claiming material prices had gone up (let alone ignoring the fact it takes time for increases to trickle through) :laugh:

More seriously, a chicken fried rice, chips, curry sauce coming in at 15 quid here. That's the real crime/thievery.
 
Opportunism when it comes to charging, surely not....

Reminds me of a company, doing work in April 2020 (ignore the fact if they should have been working and/or claiming furlough) and claiming the prices had gone up since CV-19 struck - a business with a big warehouse, presumably with large stock and bought at pre-CV-19 prices, claiming material prices had gone up (let alone ignoring the fact it takes time for increases to trickle through) :laugh:

More seriously, a chicken fried rice, chips, curry sauce coming in at 15 quid here. That's the real crime/thievery.

There's a Chinese takeaway in Laxey that's been one forever, like, when I first visited the IOM in the summer of 1994, it was a Chinese takeaway and it's been one ever since. It closed down last year.

One of my mates knows the guy who owned and ran it, and he said he just couldn't make a profit anymore versus the cost of the operation, raw ingredients, energy, and all the rest of it.

Ultimately people will only pay so much for a takeaway, he'd absorbed as many of the costs as he could whilst trying to limit his price rises, but it got to the point where to make even a modest profit, he'd have been charging about £15 for a Kung Po Chicken and Egg Fried Rice, and people just won't pay that.

In the end the only sane decision was to close the business down.

I'm quite partial to a Kung Po Chicken with Salt & Chilli Pepper chips, last time I got one in Ramsey it was £12 or thereabouts (might have been a bit more actually), prices have been going up, and up, and the owners have put a sign up apologising for the increases, again, citing massively increased costs.

I'm not saying there aren't gouging opportunists out there, but make no mistake, food price inflation has been brutal over the last year, and ultimately those costs are passed on. (And don't forget the extra 6% on food that Brexit has cost UK consumers too, on top of everything else.)
 
Just saw the pic on twitter, surprised the normally calm and law abiding folk from the gypsy community aren't now up in arms, but I think I know why they added the formerly part, not to help confused locals looking for a missing street, but to emphasise their politically correct [hate that phrase] reasons why it had to be changed. :rolleyes::mad:... might as well called it stormzy avenue or rashford road, though I'd love to know the other names they did consider, even corbyn crescent has a nice ring :p

FnJaP_eWIAAM_Rs
Seems somebody decided the lunacy was stopped - firstly the sign was pained over in black paint, then restored, then someone screwed another sign on the wall behind it:

lunatics.jpg
 
Seems somebody decided the lunacy was stopped - firstly the sign was pained over in black paint, then restored, then someone screwed another sign on the wall behind it:

View attachment 179230
We all knew it would happen, it was just a matter of 'how'. And true to form, it doesn't disappoint! :laugh:
 
There's a Chinese takeaway in Laxey that's been one forever, like, when I first visited the IOM in the summer of 1994, it was a Chinese takeaway and it's been one ever since. It closed down last year.

One of my mates knows the guy who owned and ran it, and he said he just couldn't make a profit anymore versus the cost of the operation, raw ingredients, energy, and all the rest of it.

Ultimately people will only pay so much for a takeaway, he'd absorbed as many of the costs as he could whilst trying to limit his price rises, but it got to the point where to make even a modest profit, he'd have been charging about £15 for a Kung Po Chicken and Egg Fried Rice, and people just won't pay that.

In the end the only sane decision was to close the business down.

I'm quite partial to a Kung Po Chicken with Salt & Chilli Pepper chips, last time I got one in Ramsey it was £12 or thereabouts (might have been a bit more actually), prices have been going up, and up, and the owners have put a sign up apologising for the increases, again, citing massively increased costs.

I'm not saying there aren't gouging opportunists out there, but make no mistake, food price inflation has been brutal over the last year, and ultimately those costs are passed on. (And don't forget the extra 6% on food that Brexit has cost UK consumers too, on top of everything else.)
Well yes, i agree that food prices have suffered a kick up the arse but you'd be naive to think that that Brexit is wholly/majorly to blame for it, there is a lot of profiteering.

Even with CV-19, a rather stern nurse citing it as a reason for restrictions, despite being maskless :laugh:

But seeing as you're talking talking Kung Po chicken, now we can debate :p
 
Well yes, i agree that food prices have suffered a kick up the arse but you'd be naive to think that that Brexit is wholly/majorly to blame for it, there is a lot of profiteering.

Even with CV-19, a rather stern nurse citing it as a reason for restrictions, despite being maskless :laugh:

But seeing as you're talking talking Kung Po chicken, now we can debate :p

I'm not saying Brexit is wholly or majorly to blame for it, but the best estimates are that on top of everything else that's sent food price inflation nuts over the last year, Brexit has slapped another 6% on top of that. (To flip that on its head, does anyone seriously think Brexit has made food cheaper, like Rees-Mogg said it would?)

There's a couple of decent quick interviews with local restaurateurs here on the IOM at this link, the chap from the Just Pizza And Pasta place talks about how their costs are through the roof but there's only so much you can charge for a pizza before the customers stop coming.

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As for Kung Po Chicken, it's my go-to dish from the Chinese, sometimes I try to kid myself I'll get something different but I almost always end up just getting Kung Po Chicken. (Occasionally I deviate and get something else, and then realise nothing is as nice as Kung Po Chicken.)
 
I mean sure, 20% is nice to have, and we'd all like to future-proof ourselves going forward, not to mention Health workers in particular having been overlooked for inflation- rivalling pay increases, but as we know, there's only one way inflation's headed, and it's not towards the 'barrel-load of bank notes to buy a loaf of bread', so it'd be nice if we could attain some perspective from all sides.

The other point here, and I meant to bring this up the other day but forgot, is that even if inflation drops to zero, it doesn't mean that prices drop, they just stop going up.

So if a basic food item cost £1 last year, and it costs £1.20 this year thanks to 20% food price inflation, and then inflation drops to zero, it still costs £1.20, it doesn't get any cheaper.

So when workers are fighting for a pay rise, they're fighting for a pay rise in the context of what's happening, and has happened, what happens next year, or the year after, doesn't really matter in that context.

In reality of course, inflation won't go to zero, it'll just be lower than it was, so prices will carry on rising, on top of the 20% they already have done.
 
The other point here, and I meant to bring this up the other day but forgot, is that even if inflation drops to zero, it doesn't mean that prices drop, they just stop going up.

So if a basic food item cost £1 last year, and it costs £1.20 this year thanks to 20% food price inflation, and then inflation drops to zero, it still costs £1.20, it doesn't get any cheaper.

So when workers are fighting for a pay rise, they're fighting for a pay rise in the context of what's happening, and has happened, what happens next year, or the year after, doesn't really matter in that context.

In reality of course, inflation won't go to zero, it'll just be lower than it was, so prices will carry on rising, on top of the 20% they already have done.
Well of course! Can't say I've ever heard of Deflation on any meaningful scale, where the pound in one's pocket's 'spending power' increases, and things become cheaper by default!

Once increased, prices tend to stay that way - that's why it's so irksome seeing retailers and energy suppliers running rampant with their unsustainable, skewed price hikes (and that's discounting how companies 'artificially' raise prices, only to lower them later and showcase that 'saving' to the customer)....

So what better way to insulate oneself from ever-increasing living costs? Well, ask for a completely disproportionate amount that not only covers you one year, but two, before they next negotiate a pay rise, sometime in 2024/25!

And at the time the strikes began, what, eight months ago? - inflation was still nowhere near the 20% requested, yet with all these delays, we're at roughly 17% just for groceries! And energy price inflation- busters that are akin to a pint costing around £30, such is the madness. I'm starting to wonder if workers asking for 20% is a lowball figure now :eek2:

Either way, as much as I'm 'not a fan' of protracted strike action, something needs to give soon, as we all watch on as 100,000+ workers make a huge stand today, albeit costing the economy £200million+ in lost revenue. Maybe another year of this and never mind being the least- growing G7 economy, we can join Venezuela hand-in-hand and reminisce about the good old days. And it won't even be Brexit's fault!
 
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Well of course! Can't say I've ever heard of Deflation on any meaningful scale, where the pound in one's pocket's 'spending power' increases, and things become cheaper by default!

Once increased, prices tend to stay that way - that's why it's so irksome seeing retailers and energy suppliers running rampant with their unsustainable, skewed price hikes (and that's discounting how companies 'artificially' raise prices, only to lower them later and showcase that 'saving' to the customer)....

So what better way to insulate oneself from ever-increasing living costs? Well, ask for a completely disproportionate amount that not only covers you one year, but two, before they next negotiate a pay rise, sometime in 2024/25!

And at the time the strikes began, what, eight months ago? - inflation was still nowhere near the 20% requested, yet will all these delays, we're at roughly 17% just for groceries! And energy price inflation- busters that are akin to a pint costing around £30, such is the madness. I'm starting to wonder if workers asking for 20% is a lowball figure now :eek2:

Either way, as much as I'm 'not a fan' of protracted strike action, something needs to give soon, as we all watch on as 100,000+ workers make a huge stand today, albeit costing the economy £200million+ in lost revenue. Maybe another year of this and never mind being the least- growing G7 economy, we can join Venezuela hand-in-hand and reminisce about the good old days. And it won't even be Brexit's fault!

For me, is this is what the end point of thirteen years of failed government looks like, thirteen years of grinding austerity and massive underinvestment in critical public services, thirteen years of misrule and rampant corruption, a government of the rich, by the rich, and for the rich.

The strikes are part of the endpoint of that process, people who aren't militant by default, but who have been pushed beyond breaking point, feeling there is nowhere else to go. And the majority of the public have had enough now too, they can see what's going on, it's why the strikes have broad public support and more people now think trade unions are a force for good than not (the polling on this is absolutely clear).

It's also why Labour are now polling at around 50% - (I mean, just let that sink in) - and the Tories are down in the low 20s, and let's be honest, it's not because Labour are looking particularly great or Starmer is an amazing leader, it's because people are utterly and completely fucked off with the rotting fetid carcass that is the Tories and the stench of their slimy, corrupt cabal of miserable malcontents posing as a government. The UK deserves better.

But make no mistake, the rich have done incredibly well since 2010, as the UK government has essentially existed for their convenience and enrichment, ain't no CEOs worrying about their pay rises, that's for sure.

And take the rail strikes, the government is spending more money subsidising the privatised rail companies during the strikes so they can still turn a 'profit' (essentially funded by the UK taxpayer), than it would cost to actually meet the pay demands of the workers, that's how messed up this situation is.
 
So what joys does today have in store for us?

Firstly, interest rates are expected to hit their highest levels for 14 years, with the BoE forecast to hike them by another 0.5% to 4%. Yes it is true that historically speaking this isn't actually that high, but in a world where many people have had to take out eye-watering mortgages to get even a modest foot on the property ladder, these rises can be financially crippling. The stupidest thing of all is that these rises are billed as 'fighting inflation', which is bollocks, because inflation is going to fall anyway.

The real beneficiary of these rises are the banks, because they get to charge the government more interest on its debts (remember the government is borrowing more and more money every month), so the banks make billions for doing fuck all, and the population of the UK suffers.

Secondly, and the hits just keep on coming, water bills are going up 7.5% to make sure that those privatised water companies (largely foreign owned now) can keep raking in bumper profits. 7.5% is an amount we're told is completely unaffordable for normal working people to get as a pay rise, but for those same working people to have to pay 7.5% extra on their water bills, just get it paid, bitches.

Finally, and there is some good news at least. If you're Shell. Because they've made £32.2bn in annual profits, of those profits £26bn has been distributed to shareholders, and they've spent about £4bn on share buybacks, which is where they basically buy their own shares to increase their value and boost shareholder dividends - isn't unchecked neoliberal capitalism great!

Remember though everyone, the villains of this piece are striking nurses and teachers, so direct your anger at them.
 
So as predicted interest rates are up another 0.5% to 4%, or to put it another way, it's now FORTY TIMES HIGHER than it was in November 2021 when the BoE starting raising rates.

We also have a flatlining economy, the highest personal tax burden for seventy years, and indeed are the only advanced country whose economy is still smaller than it was before the pandemic, the BoE projects this situation isn't going to change for another three years at least.

Oh yes and no one can get a decent pay rise either. (Except CEOs and suchlike.)

Thanks Tories! Thirteen great years. Well done.
 
So as predicted interest rates are up another 0.5% to 4%, or to put it another way, it's now FORTY TIMES HIGHER than it was in November 2021 when the BoE starting raising rates.

We also have a flatlining economy, the highest personal tax burden for seventy years, and indeed are the only advanced country whose economy is still smaller than it was before the pandemic, the BoE projects this situation isn't going to change for another three years at least.

Oh yes and no one can get a decent pay rise either. (Except CEOs and suchlike.)

Thanks Tories! Thirteen great years. Well done.
Or that's 30% LOWER than the 5.75% after Brown's 2008 recession when Liebore were last in..... :laugh:

Statistics eh @ChopleyIOM - who'd use 'em.

P.S. Waiting a few days now to see what fixed 12-month bonds are available. Got a good sum into a NW one last October at 4% when the rates rose to 3.5 or 3.25% or whichever it was. Will give me a nice wedge end of Oct. this year just before Christmas lol although all over 1k in annual interest is taxable. Should be some 4.75 or even 5% ones online soon. These will yield in 12 months and will pay the winter fuel bills etc.

So it's a double-edged sword really. Savers and those of financial prudence will get a reward at last, spending the interest received will help the economy.
 
So it's a double-edged sword really. Savers and those of financial prudence will get a reward at last, spending the interest received will help the economy.

'Savers and those of financial prudence' = Old people who were lucky enough to be able to buy a house for a modest multiple of their income, and who now see fit to lecture everyone else about what financial geniuses they are.

A_breakdown_of_average_UK_savings_by_age_group_and_gender.png
 
It is indeed a glorious time to be alive a saver!

Lots of 2.5- 3.0% 'easy access' savings accounts knocking about, and that's before we get to the aforementioned 12-24 month bonds at a slightly higher, yet of course fixed rate.

Had briefly put aside my hatred of Nationwide adverts to open one of these, but failed to find the motivation to actually arrange the transferral of funds and linked accounts, and other associated drudgery. Then I missed the 30- day cut-off to activate the account, and so I'm lumbered with my 0.5% Natwest account, still! Rot in hell, Flo & Joan!

Also, heartening to hear even more civil service strikes a-loomin', which include

  • ACAS
  • British Museum
  • Cabinet Office
  • Charity Commission
  • Maritime & Coastguard Agency
  • Scottish Public Services Ombudsman
  • Natural Resources Wales
  • Crown Office & Procurator Fiscal Service
  • Independent Office for Police Conduct
  • DWP
  • DVLA
  • Business, Energy & Industrial Strategy
  • DHSC
  • Department for Digital, Culture, Media & Sport
  • Driver & Vehicle Standards Agency
  • Audit Wales
  • Department for Education
  • Natural England
  • Competition Service
  • Gambling Commission
  • Historic England
  • Health & Safety Executive
  • Historic Environment Scotland
  • Home Office
  • Insolvency Service
  • HM Land Registry
  • Department for Environment, Food & Rural Affairs
  • Creative Scotland
  • National Galleries of Scotland
  • National Museums of Scotland
  • National Audit Office
  • National Lottery Heritage Fund
  • Department for Transport
  • National Library of Wales
  • National Museums Liverpool
  • Gangmasters & Labour Abuse Authority
  • Information Commissioner’s Office
  • Ofgem
  • Competition & Markets Authority
  • Office for National Statistics & UKSA
  • OFWAT
  • Ofsted
  • UK Intellectual Property Office
  • Vehicle Certification Agency
  • Planning Inspectorate
  • National Archives
  • Registers of Scotland
  • Transport Focus
  • Sports Grounds Safety Authority
  • Royal Botanic Gardens, Kew
  • Equality & Human Rights Commission
  • Scottish Enterprise
  • NatureScot
  • Scottish Government
  • Serious Fraud Office
  • Skills Development Scotland
  • The Council of the RFCAs
  • Sport England
  • Scotland’s Commission for Children & Young People
  • RFCA West Midlands
  • Scottish Courts & Tribunals Service
  • Legal Aid Agency
  • UK Research & Innovation
  • Visit Scotland
  • Government Legal Department
  • Parole Board for England & Wales
  • Animal & Plant Health Agency
  • Wallace Collection
  • Senedd Cymru (Welsh Parliament)
  • Scottish Human Rights Commission
  • Scottish Prison Service
  • Scottish Parliament
  • Student Loans Company
  • Architecture & Design Scotland
  • Higher Education Funding Council for Wales
  • National Highways
  • Westminster Foundation for Democracy
  • Independent Living Fund Scotland
  • Rural Payments Agency
  • Defence, Science & Technology Laboratory
  • Electoral Commission
  • Department for Levelling Up, Housing and Communities
  • Security Industry Authority
  • UK Space Agency
  • Marine Management Organisation
  • Youth Justice Board
  • Local Government Boundary Commission for England
  • Northern Ireland Office
  • Prisons & Probation Ombudsman
  • Wales Office
  • Courts and Tribunals Judiciary
  • Criminal Injuries Compensation Authority
  • Children’s Commissioner for England
  • Food Standards Scotland
  • Crown Estate Scotland
  • Risk Management Authority
  • Local Democracy & Boundary Commission for Wales
  • UK Debt Management Office
  • Student Awards Agency for Scotland
  • Social Security Scotland
  • Scottish Housing Regulator
  • Revenue Scotland
  • Department of International Trade
  • Bord na Gaidhlig
  • Forestry Commission England
  • Scottish Forestry
  • Leasehold Advisory Service
  • Forestry and Land Scotland
  • UKSV (Cabinet Office)
  • Disclosure and Barring Service
  • Veterinary Medicines Directorate
  • Institute for Apprenticeships
  • Office for Students
  • Transport Scotland
  • Accountant in Bankruptcy
  • Disclosure Scotland
  • Education Scotland
  • Office for the Scottish Charity Regulator
  • Scottish Public Pensions Agency
  • National Records of Scotland
  • South of Scotland Enterprise
  • Trade Remedies Authority
  • UK Health Security Agency
  • Office for Health Improvement & Disparities
.....over half term. Because why stop there if everyone else is doing it right? Albeit their pay demands fall more into a modest 3-10% range, so hope springs eternal
 
The thing with saving is it makes no sense if you have literally any interest bearing debts at all, particularly a mortgage. There might be some edge cases where perhaps you got a cheap mortgage fix for several years before interest rates starting going up, and have some liquid cash available now that you can use in a 12 month saver account with a guaranteed yield or something like that, but even then, long term you'll almost certainly be better reducing the mortgage debt down.

I just don't buy into this notion that those with 'financial prudence' should get a big slap on the back for essentially being older and coming from an era of far more favourable conditions to buy a house. If you're in your 30s and working your arse off to pay a massive mortgage then you're just not going to have savings, nothing to do with being 'financially prudent' or not.

Or if you're paying a private landlord half your wage just to get a roof over your head, where are your savings supposed to come from? The UK has some of the most expensive rents in the western world.
 
Well yes, agreed. Rents are disproportionate and overbearing compared to many other developed nations. Which in itself is one thing, but coupled with ever-increasing and already high living costs, I do wonder how people get by at the best of times, especially in 'Landlord's Paradise' London.

And as for saving, that has become a bit of a luxury in itself. It's also painfully apparent that the ones bearing the brunt of these inflation increases are mortgage payers, and with a whole generation cut adrift, attaining one's own property is a near- impossibility for most.

But on its own merit, from a savings standpoint, it's the best 'time' to fill up that piggy bank since, well, the Tories took effect. So for those that can afford to, it's not going to be this good for a while, at least not until the next economic mishanter....
 
'Savers and those of financial prudence' = Old people who were lucky enough to be able to buy a house for a modest multiple of their income, and who now see fit to lecture everyone else about what financial geniuses they are.

A_breakdown_of_average_UK_savings_by_age_group_and_gender.png
More bollocks. So the average 65+ male in the UK has about £310k of fucking savings? Where the hell did that crap come from? I'm hardly 'old' (I think from what you said a couple of years older than you mate) but according to this our pensioners must be the richest fuckers in the Western World. Or there's lots with millions to make that average. Add the triple lock and they must be pissing themselves laughing.

As for buying a house, at the time we had a mortgage of 5x joint incomes nearly. Instead of spunking cash on Starbucks, takeaways and flash cars I OVERPAID the mortgage and took 7 years off the end by doing so, used redundancy cash to pay a lump sum off instead of buying a new motor or spending it on luxury holidays.

So yes, started with a fucking big debt, lived sensibly and now reap the benefits, not apologizing to any twat or feeling guilty for that.

You also intimated once you had a decent 5-figure sum put by. So you could easily earn over a K from that in one year with a fixed bond, then benefit from the low tax in the Isle of Moan IF your system taxes any of that interest, unlike us poor c*nts who have to pay 20 or even 40% on it if it's over 1k (some low earners can receive up to 5k interest tax-free).

Since Brown's catastrophe where he never curtailed reckless lending, the chickens have come to roost for borrowers. And you are grizzling now, but what about the previous 7 or so years to 2020 Covid when responsible prudent savers would literally get the price of a single full tank of fuel for every HUNDRED FUCKING GRAND they had invested, each year in interest? Time they got paid some dues. :)

P.S. for a large chunk of my mortgage days, I was paying 5.5%.

P.P.S. Isn't that how life works for everyone and always has? You struggle at the start, slowly gets easier then middle age onwards when you're relieved of the main expense of all, housing, you then start to save and have financial security?

The entitlement brigade have for time immemorial always said the previous generation had it easier. My fucking house was a few grand in the 1960's. A far lower multiple of average pay then than it was when we bought it. Get real mate.
 
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'Savers and those of financial prudence' = Old people who were lucky enough to be able to buy a house for a modest multiple of their income, and who now see fit to lecture everyone else about what financial geniuses they are.

A_breakdown_of_average_UK_savings_by_age_group_and_gender.png
The average salary in the UK is around 30k I think. I’d be surprised if the average 40 year old has almost 50k in savings, considering there will likely be very little disposable income on that wage.
 
More bollocks. So the average 65+ male in the UK has about £310k of fucking savings? Where the hell did that crap come from? I'm hardly 'old' (I think from what you said a couple of years older than you mate) but according to this our pensioners must be the richest fuckers in the Western World. Or there's lots with millions to make that average. Add the triple lock and they must be pissing themselves laughing.

As for buying a house, at the time we had a mortgage of 5x joint incomes nearly. Instead of spunking cash on Starbucks, takeaways and flash cars I OVERPAID the mortgage and took 7 years off the end by doing so, used redundancy cash to pay a lump sum off instead of buying a new motor or spending it on luxury holidays.

So yes, started with a fucking big debt, lived sensibly and now reap the benefits, not apologizing to any twat or feeling guilty for that.

You also intimated once you had a decent 5-figure sum put by. So you could easily earn over a K from that in one year with a fixed bond, then benefit from the low tax in the Isle of Moan IF your system taxes any of that interest, unlike us poor c*nts who have to pay 20 or even 40% on it if it's over 1k (some low earners can receive up to 5k interest tax-free).

Since Brown's catastrophe where he never curtailed reckless lending, the chickens have come to roost for borrowers. And you are grizzling now, but what about the previous 7 or so years to 2020 Covid when responsible prudent savers would literally get the price of a single full tank of fuel for every HUNDRED FUCKING GRAND they had invested, each year in interest? Time they got paid some dues. :)

P.S. for a large chunk of my mortgage days, I was paying 5.5%.

P.P.S. Isn't that how life works for everyone and always has? You struggle at the start, slowly gets easier then middle age onwards when you're relieved of the main expense of all, housing, you then start to save and have financial security?

The entitlement brigade have for time immemorial always said the previous generation had it easier. My fucking house was a few grand in the 1960's. A far lower multiple of average pay then than it was when we bought it. Get real mate.

Forgive me if I don't cry a river for savers with £100K sat in the bank not getting much interest off it, because they've still got, y'know, £100K in the bank. What 'dues' are they owed? To get piles of money magically appearing in their bank accounts every year simply by virtue of the fact they already have money?

But yes, fine, you took on a pretty chunky mortgage and did your best to get it paid off in a timely fashion (and I entirely agree, overpaying on a mortgage is absolutely the smartest thing you can do if you can afford to do so), no one's saying you shouldn't enjoy some financial security and/or have some money free to invest, but let's not demonise or punish those not fortunate enough to be in that position. (Which is exactly what the BoE are doing with this bone-headed insistence on cranking up interest rates against a form of inflation they will be entirely ineffective against, and which is going to fall dramatically soon anyway even if they did absolutely nothing.)

As for the five figure sum we had put by, in the end we just hacked it off the mortgage, as there was nothing we could even remotely invest it in that would come close to what it'd save us on the mortgage in terms of interest. I reckon with another 3 years of consistent overpaying we'll have it cleared (maybe sooner with a following wind, which would be seven years ahead of schedule, just like you!), which is also why I'm still driving around in a 17 year old Lexus - (it really isn't posh, it cost me £4K just over two years ago) - instead of a shiny new sports car. (The good thing about a Lexus of course, is that it's basically a Toyota with a skirt on, and Toyota make the most reliable cars in the world.)

If we're comparing interest rates, we locked at 6% for five years in 2007, paid significantly extra for the privilege of doing so, and then watched the arse drop out of the global economy and interest rates fall to 0.5% in 2008, and we were stuck paying £10K per year in interest for five years! So yeah, that stung a bit.

The position we're in now is very fortunate, in that we owe so little versus the original mortgage amount that these interest rate rises don't really make much of a difference, interest rates could be 15-20% and we'd be fine, but I don't put that down to any sort of particular 'financial prudence' on my part, we've just had a lucky run, even with the interest rate annoyance already described. I'm also acutely aware that for many people, interest rates increasing from 0.1% to 4% in a short period of time will be financially crippling.

And that I think is the crux of it for me, because I don't even remotely think that the struggles younger people are having now is down to them buying too many Starbucks or takeaways or anything else, house price inflation has been fucking mental, I couldn't afford to buy our house now, its alleged value since we bought it in 2007 has gone through the roof, and who cares? It's still just worth 'a house' because we still need to live in it, it's theoretical money that means nothing except that younger people are being completely priced out of the housing market, and no amount of hard work or thrift on their part is going to fix that.

I'm not a big fan of people pulling up the ladder behind them, and that's what's happening here.
 
So what joys does today have in store for us?

Firstly, interest rates are expected to hit their highest levels for 14 years, with the BoE forecast to hike them by another 0.5% to 4%. Yes it is true that historically speaking this isn't actually that high, but in a world where many people have had to take out eye-watering mortgages to get even a modest foot on the property ladder, these rises can be financially crippling. The stupidest thing of all is that these rises are billed as 'fighting inflation', which is bollocks, because inflation is going to fall anyway.

The real beneficiary of these rises are the banks, because they get to charge the government more interest on its debts (remember the government is borrowing more and more money every month), so the banks make billions for doing fuck all, and the population of the UK suffers.

Secondly, and the hits just keep on coming, water bills are going up 7.5% to make sure that those privatised water companies (largely foreign owned now) can keep raking in bumper profits. 7.5% is an amount we're told is completely unaffordable for normal working people to get as a pay rise, but for those same working people to have to pay 7.5% extra on their water bills, just get it paid, bitches.

Finally, and there is some good news at least. If you're Shell. Because they've made £32.2bn in annual profits, of those profits £26bn has been distributed to shareholders, and they've spent about £4bn on share buybacks, which is where they basically buy their own shares to increase their value and boost shareholder dividends - isn't unchecked neoliberal capitalism great!

Remember though everyone, the villains of this piece are striking nurses and teachers, so direct your anger at them.

I agree this is not about fighting inflation, but I think it is partly about protecting the banks, the money they lent out for mortgages had more buying power than the money being repaid, it is hard on the folk with big mortgages but will also 'correct' to some degree the inflated cost of housing moving forward. Swings and roundabouts long term.

Agree re the water firms, they're taking the piss [literally] and with them being foreign owned [french in the main?] I don't see why we need to be so obliging, afaik firms in france have more restrictions on what they can do in terms of pushing up prices and sacking employees etc..they're getting an easy ride here in old blighty.

On your other post regarding the highest cost housing in the western world, I think you need to [finally] accept reality in terms of one of the negative effects of large amounts of immigration.
 

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