RE: 12 o'clock tomorrow.1 Aug 2024 11:25
Ollerdeekid
On companies being cheerful over Labour, the CBI praised New Labour in 1997, their exact words were and I quote, we can work with New labour, unquote.
New Labour promised an never ending supply of cheap labour.
We now see where that has brought us and what happened to Blair and New Labour, they ushered in a Tory/Liberal government followed by a Tory government.
Interest rates will not fall by very much due to Labours party trick of throwing money at those that produce nothing. In fact they could edge upwards in sort order. You see handing large pay rises to some quarters, has the effect of making those people think that they are actually worth more and so the wheel turns, as history shows. Rather like increasing dividends people and the market expect them to stay rising, if they do not, the share price falls.
So interests rates will not tumble, those people will still have large mortgage payments and rent to pay out, they will not build the 1.5 million homes and by homes do they actually mean crammed in, tower blocks full of bed sits, as this bank and others are aiming to do.
On the house building lie, when the post war governments did start to demolish the slums and rebuild there was one LARGE difference, the population! the Population was stable it was around the 50 million mark and stable.
Tell me, and others can join in of course. We have a massive housing short fall that cannot keep up with the housing needs, if the population was stagnant it would still take years to meet the needs, so how do you play catch up when this government still intends to import more people every YEAR?
We have a stupid women who managed to get pregnant at the age of 16yrs, then received a council property, met another looser also with a council property and they both sold them of for a profit £180k. Some would say that they are they belong in the Tory party not Labour. A stupid or more likely a well trained liar, telling the dimwits that she can provide them with an home. Well lets see, she sold two council properties to buy ONE property for gain, she knew what she was doing !
As you say your just a KID.