Member Info for skier1

Interesting that he never turned up for the count. A weird egomaniac.

With a tiny 1-2% of the seats in Westminster, Reform simply won't have the power or clout to challenge Labour with 60-65% of all seats. And it's likely the BBC and ITV will quietly de-prioritize Farage from their schedules in the coming years, starving Reform of the oxygen of publicity and credibility. This may already be peak-Reform.

Reform (so far) is winning an astonishing 15-30% of the vote... but is only going to win a tiny 1-2% of the seats in Westminster.

Reform got 20-25% of the vote in Sunderland South. A huge number for such a tiny party.

Sunak gambled and lost. He will go down as the worst "leader" the Conservatives have ever seen in their illustrious 190-year history. He may even have started the beginning of the end of the world's oldest and most successful political party.

Think you'd have to be very naive not to realize tax is about to jump even higher. Way higher. Shares, stocks, pensions, ISAs, savings, second homes, IHT, council tax, business rates, corporate tax, net-zero zealotry, ULEZ tax, only country in Europe to tax education, it's all going up and up and up. Your assets are theirs. Covid lockdown affirmed the supremacy of the state over workers. And Covid furlough seeded universal basic income (UBI) for shirkers. Get ready to have your pants pulled down 👍

Labour is bringing hardcore Marxist socialism to the UK from tomorrow, and that means the Sep 2024 car-loan DCA ruling against the banks is pretty much nailed on. Hardworking families in the community have been missold overpriced loans by fatcat bankers exploiting comrades in the capitalist West. Once the summer honeymoon is over, expect the drumbeat of compensation to get much (much) louder here from early Sep.

CGNR share price has collapsed -60% since 2023 and -99.9% since 2000! Short- or long-term, CGNR is one of the worst share "investments" ever seen in all of global stockmarket history. The mind boggles as to why folks continue to talk it up!

Lol.

This "company" has been pumping and dumping for a quarter of a century.

A quarter of a century.

Think about that 😄

The best is iWeb (owned by Lloyds).

BMV now at its highest level in 15 months. Strong momentum. Next breakout level looks to be around 2.15p.

As predicted, here come the real red Labour... Going for a tax raid of a staggering £60 billion more. Anyone with shares (like LLOY) is going to see a huge spike in CGT tax. Council tax looks set for some to double. This is terrifying for anyone with family savings, big or small.

https://www.dailymail.co.uk/news/article-13544405/Labours-secret-tax-rise-plans-revealed-Official-manifesto-submission-group-MPs-including-Keir-Starmer-proposes-SEVEN-raids-targeting-family-homes-inheritance-wealth-tax.html

The BMV top management obvs keen to move things forward with pace. Not hanging about. Good signs.

Multimillionaires are fleeing the UK because a mega raid on assets is right around the corner. Pension, shares, CGT, ISAs, property, it's all gonna get raided to fund our exciting red utopia 👍

As written yesterday, a "fiscal shock" where the tax-free allowance doubles overnight is going to send the bond markets into a tailspin. It only takes one faux-hysterical headline from the far-left, anti-Brexit FT about "uncosted reckless tax cuts" (or whatever), and the £GBP will tank -10% in minutes and there will be a national crisis of confidence (again). You can't buck the markets.

Farage should have gone for smaller tax cuts in the 2024 contract (manifesto). He's played right into the lefties' hands, and handed them an easy victory. Hard-left Labour and the far-left Tories can now spend the next 5 years saying Farage can't be trusted on the economy.

LTI,

HK is a tiny city state, and a tax haven.

"...The house price to wage ratio has more than doubled since the 1970's"...

And the number of UK household adult earners has doubled since the 1970s... The 1970s used to be 1 man worker + 1 unemployed housewife. Now, a 2020s household is 2 office professionals. Double the wage = halve the mortgage cost. The houseprice-to-wage ratio is woefully out of date. It hasn't been relevant as a metric since the end of the last century.

..."It is better to leave it to individuals, how they should spend THEIR money. An increase to the threshold to £20,000 would give someone nearly £1,500 extra to do with as they please - good for the economy"...

Lower tax is always good. But "tax shocks" are bad. Especially when it's targeting an already (very) generous tax environment. The UK's lowest-paid workers already pay the lowest tax of any major country on Earth. They don't need more help. Any tax cuts need to be focused better elsewhere. And in calm increments, not an overnight slash and burn.

"...But Property prices are sky high vs wages.. So it's not balanced like it used to be on the affordability scale"...

Wish people would stop spreading this myth. It's time to stop it.

UK residential property today in 2024 is at roughly the same level of affordability as it was in 1974. Average mortgage and rental costs have been hovering between 20-50% of the net average household wage for half a century, and that's where they remain today. Wages have gone up, the number of working adults per household has *doubled*, interest rates have halved, income multiples have relaxed, and payback periods have loosened. Property prices in the UK are not high, at all by, by international comparisons. Property is as affordable today as it was half-a-century ago. Pretty much 99.999% of UK citizens have a roof over their head.

It's time to stop spreading the myth that UK housing is overpriced or unaffordable. It's really not.

The £20k income-tax-free plan is reckless. The UK already (today, right now) has the lowest tax burden for low-earners in the entire industrialized world. There is no need whatsoever to double it (from £12k). The plan makes Reform look undisciplined and excitable. Which is a shame. Because Farage is by far the best of all the leaders in this election. With a bit more self-control, he can be the new Thatcher.

Nope.

Covid caused the same global GDP drop in 1 year as Spanish flu caused in 3 years (6-8%). Covid is far far worse.

Picking selective single-issue samples of hysteria is not the same as macroeconomic issues that benefit everyone. It's time the far-left stopped that nonsense once and for all. UK has (effectively) record lows of unemployment and record highs of employment. UK debt is not at all eye-watering and is the second-lowest in the entire G7. The energy grid is (effectively) 100% reliable and there are almost no other countries in the world that keep the lights on for every single minute of every single year, day in, day out. Israel is heading for a ceasefire, and the casualty rate has dropped 50-80% in the past few weeks. The UK is (thankfully) out of the slow-growth EU and its reactionary EV tariff hysteria.