Member Info for Gate13Boy

Asimpleinvestor,

Thanks for your concern. I’ve done my homework fella. You’re spot on. Where I spend my retirement is nothing to do with morons like DCB.

STP/DCB,

Without bragging, I’ll be bringing several millions to the Spanish economy so zip it 🤡

Tell us all DCB, what do you do for a living ? PR A T

*Denominator and STP*

Just found my glasses now 🤣

I’m fully aware of that thanks. What’s the commmon detonator ? A socialist government surprise surprise 🙄 The Canaries have a fair bit of autonomy outside of Madrid thankfully. Hence I’m getting an Irish passport much to STO’s annoyance 🤣

UK GDP was negative the last 2 months. It only rose in quarter 1 this calendar year due to businesses front loading orders ahead of US tariffs.

Do not be fooled asimpleinvestor by a couple of blip months that have been a gone now.

This has growth in decline and inflation on the way up. It’s called STAGFLATION and is the result of Labours stupid policies.

You must be extraordinarily thick DCB/STP but most of us knew that already. I’ve told you on numerous occasions that I will be transferring my wealth out of the UK so it’s is not stolen by your Marxist chums to reward the likes of you. I won’t be claiming a cent off the Spanish government as I have more than enough to fend for myself and leave my children a decent inheritance which they won’t get here now courtesy of the communists you support. Have you ever done a days work in your life 🤡 ? If so, doing on what ? I’ve asked you on numerous occasions but you won’t answer. I wonder why that it ? 🤔 Could it be that you’ve just scrounged off others that have worked hard and paid taxes ? You’re a joke. No wonder you like Corbyn because he’ll look after the likes of you 🙄

You really lack a brain cell don’t you ? I’ve told you this on numerous occasions now you 🤡

You on the other hand want to claim pensions from different countries and brag about it. You really do lack brain matter.

DCB,

Brexit was years ago now. What does it bother you ? You don’t live in the UK.

🤡

“Trosjan, I'm all for keeping this specialist know-how, at home in the UK!”

DCB, your home is not the UK and you’re not even British. How many times do you need reminding ?

Gunsup,

wanderingon is just another rabid leftie like STP. Not surprised he doesn’t pop in much these days. He must be ashamed of how he cast his vote at the last election and understandably so…..

Hi Gunsup,

Yes, you can’t tax your way to growth and other levers need to be pulled instead. Unfortunately Starmer and Reeves are too stupid to understand this 🙄

2.59p

🤡

It’s more bad news from your socialist heroes you mean. What idiotic things are you going to come out with today DCB ?

“BRITISH business activity is expected to shrink at its fastest pace since the depths of the pandemic in 2020 amid a “wave of pessimism” since Labour came to power.

Economists warned the “negative sentiment” had no end in sight, with activity across “all parts” of the economy expected to keep shrinking over the next three months, according to the Confederation of British Industry (CBI).

Its latest barometer of private sector output showed businesses were still reeling from the impact of Rachel Reeves’s autumn tax raid, with ­consumer-facing sectors hit hardest by the Chancellor’s £25bn increase in National Insurance. The response to the CBI’s business barometer was the most negative since October 2020, when Boris Johnson, the former prime minister, announced the second national lockdown during the pandemic.

‘Our surveys suggest that headcount will be cut further, marking almost a year of weak hiring’

“The outlook remains negative across the board,” the CBI said, as it warned of a toxic mix of slower growth and higher prices. “Our surveys also suggest that headcount will be cut further in the three months to October, marking almost a year of weak hiring intentions,” it said. The decline in July means more businesses have reported a slump in output than an expansion since Labour won last summer’s election. Expectations about future output have also dragged into negative territory since Ms Reeves’s tax raid.

It came as the boss of Barclays warned Ms Reeves against increasing taxes for businesses, saying it would threaten to hinder the UK’s growth push. CS ­Venkatakrishnan, known as Venkat, said that imposing more taxes on banks and key growth sectors such as pharmaceuticals and biotech could sabotage efforts to boost the country’s economy.

Fears of a fresh bank tax have grown in recent months after a leaked memo earlier this year from Angela Rayner, the Deputy Prime Minister, urged Ms Reeves to raise the rate of corporation tax paid by Britain’s largest lenders.

But Mr Venkat argued squeezing the banks would backfire. He said: “If growth is the primary objective for the UK … higher taxation of businesses is not a path towards that growth. Banks are among the bigger taxpayers in the country.”

Who voted for these morons ? Not me……

Peter Kyle is a disgrace. Only a moron like you would agree with him.

DCB,

Hopefully the new party will divide and rout Labour. I’m sure that party will suit you as it will comprise of spongers, communists, the feckless and other weirdos.

Indeed. The only reason we had growth in Q1 this year was companies front loading orders ahead of tariffs. The rot has set in again subsequently with contraction in Q2.

“The Bank of England should cut interest rates two more times this year to boost Britain’s economy, the International Monetary Fund (IMF) has said.

The Fund urged Threadneedle Street to keep lowering borrowing costs from the current level of 4.25pc against the backdrop of an economy that is still reeling from Rachel Reeves’s record tax raid.

It also warned that mounting debts and uncertainty about Donald Trump’s trade policies risked triggering renewed turmoil in financial markets, even as it upgraded its global growth forecasts.

While tariffs are lower than those Mr Trump threatened on “liberation day” on April 2, the IMF said huge uncertainty remained about the future of global trade policy.

Andrew Bailey warned this month that the tax changes announced by Ms Reeves in her October Budget were damaging hiring and hitting pay packets.

Mr Bailey warned that companies were “adjusting employment and hours, and also having pay rises that are possibly less than they would have been if the NICs change hadn’t happened”.

It comes just days after the IMF warned that richer Britons may be forced to subsidise the NHS as the Chancellor struggles to balance the books.

“Risks are tilted to the downside,” it said in an update of its world economic outlook. “Larger fiscal deficits or increased risk aversion could raise long-term interest rates and tighten global financial conditions.

“Combined with fragmentation concerns, this could reignite volatility in financial markets.”

Fears about higher tariffs drove a growth spurt at the start of the year, as companies rushed to send goods to the world’s biggest economy to avoid higher levies.

Mel Stride, the shadow chancellor, said growth was “going nowhere” under Labour, with Ms Reeves expected to raise taxes again by as much as £20bn in the Autumn.

Mr Stride added: “Business confidence has collapsed all because of the Chancellor’s reckless economic choices.

“You can’t tax your way to growth – we need to back British businesses and workers.”

Who voted for these morons ? Not me……

🤣 It’s not April 1st is it ?

DCB,

“There is now widspread discontent with his leadership!”

There’s a good reason for that.

I’m going to correct you on a few words STP.

widspread = widespread, potentally = potentially, parliment = parliament, cablinet = cabinet

Did you go to school out of interest or were you self-schooling on your caravan site ?

🤡

You’re the one lacking intellect on here, posting contradictory nonsense and making a total fool of yourself pretending you’re a Brit when you’re not.

I’m sure our new visitor won’t take long to realise you’re the forum id*ot and just a troll here for ridicule.