Member Info for TheFarEnd

“It called being economical with the truth, and we all do it!”

STP

When you make a pledge it's a solemn promise, an ultimate undertaking. Labour made many so-called pledges before the election and since. Sadly you fell for their lies but like your heroes at Westminster you will never admit it.

Says a lot about you and the measure of the man you have become.

'I'm not going to reduce the limit of what people can put in Isas’

It's called a ‘U’ turn 67Sam. Labour are getting very adept at performing these acts. Labour will never take the blame for their mistakes, it's always other factors coming into play. Easily exercised by world events, the only black holes are of their own making.

Besides, would you trust them?

“Cabinet ministers have been calling Labour rebels unhappy with the government's welfare reforms ahead of a crunch vote next week. One MP says a cabinet minister warned them defeat will trigger a leadership contest.”

One can only hope. Meanwhile, struggling after one year, desperation is all that's left.

Will be the most affected by ISA changes, says building society.

Proposed changes to the £20,000-a-year tax-free allowance would have the biggest negative impact on ordinary savers, according to new analysis by Newcastle Building Society.

These changes could disproportionately impact some savers, leaving older individuals at a disadvantage and possibly driving them towards unsuitable high-risk investments that could damage their life savings.

Ms Reeves's potential reforms, believed to involve slashing the annual allowance from £20,000 to £4,000, aim to incentivise savers to put more funds into stocks and shares accounts, thus supporting investment in British firms.

Labour doesn't like individual wealth, they want your money.

Will be the most affected by ISA changes, says building society.

Proposed changes to the £20,000-a-year tax-free allowance would have the biggest negative impact on ordinary savers, according to new analysis by Newcastle Building Society.

These changes could disproportionately impact some savers, leaving older individuals at a disadvantage and possibly driving them towards unsuitable high-risk investments that could damage their life savings.

Ms Reeves's potential reforms, believed to involve slashing the annual allowance from £20,000 to £4,000, aim to incentivise savers to put more funds into stocks and shares accounts, thus supporting investment in British firms.

Labour doesn't like individual wealth, they want your money.

All NATO states now set 5% GDP defense target by 2035.

All NATO states will have a different leader by then.

Nice one Gunsup, my sentiments entirely.🤣

Starmer is off on another jolly to the NATO summit. As he won't have much input he thought it prudent to announce an increase in the defence budget to 5% of GDP. However, not before 2035.

As usual no details of the funding, what it involves and what's included in ‘defence’.

More meaningless platitudes, Starmer will be long gone and we'll be left trying to sort out the mess.

All the while, the tax take is diminishing.

What a complete $hit show.

For the ninth month in a row and the rate of the drop off is actually increasing. Businesses report that “squeezed margins” and “excess capacity” are forcing cutbacks.

Chief Business Economist at S&P Global Market Chris Williamson said: The UK economy remained in a sluggish state at the end of the second quarter, according to the early PMI survey data.

Business activity expectations for the coming year are down from May’s six-month high.

Downturns ahead of Reeves’ next budget will put the frighteners on in the Treasury.

One word, disastrous.

As the 90 day moratorium on USA tariffs nears the end, UVL is threatening counter tariffs from the EU member states, to get a better US deal. Clearly there is still a wide margin between the two.

Only the UK has capitulated so far as Starmer is shouting about a trade deal with the US, but not cast in stone yet. As usual from this lot, details are sketchy at best.

No matter what, the UK will still be subjected to additional tariffs over and above what is finally agreed, if they get their act together.

Don't believe the government spin as this unfolds. Only the numpties take it onboard.

Bank of England (BoE) policymaker Megan Greene said on Tuesday that the recent uptick in U.K. inflation may signal a more persistent trend rather than a brief spike, urging caution on interest rate cuts.

Labour going well lads....I wonder 🤔 who that was aimed at?

.

Apollo Global Management Inc. will provide £4.5 billion in debt financing to the British government for the Hinkley Point C nuclear power station, media reported on Friday, citing anonymous sources. The company is allegedly committing an unsecured package at an interest rate just under 7%.

I expect all this ‘type’ of funding will not show on the UK government debt.

Labour just racking up the debt levels for the next government / next generation and claiming all the credit now.

Deja vu anyone. It's called PFI, better known as Private Finance Initiative and we're all still paying.

Good ol tax and spend Labour.

Another resignation, this time from Labour MP Vicky Foxcroft, she has resigned as a Government whip over the party's welfare proposals.

There's a lot of discord bubbling under within this shambles of a government.

They're trying to contain the unrest but as we all know, nothing is forever.

I guess that's what you get when the leader (that's a laugh) spends as much time as he can posing on the world stage trying to look important (another laugh). 🤣

Scottish Widows has delivered a brutal snub to Rachel Reeves’ plan to encourage pensions funds to invest more in British stocks. The pensions giant – part of Lloyds Banking Group – which manages £72 billion of workplace pension assets in its default funds, is planning to cut the allocation to UK equities in its highest growth portfolio from 12% to 3%. They’re not playing ball…

Last month the firm refused to sign up to Reeves’ ‘Mansion House Accord’ demanding funds put 10% investment in private markets by 2030 with a requirement to put half of that in UK market. No surprise considering UK stocks have underperformed for two decades. State-directed investing dressed up as economic patriotism.

All this anti Reeves and Starmer rhetoric is beginning to bear fruit. 🍓 🍑 Charlie Nunn must be an avid reader of this Lloyd's BB.😄

“NATO will shorten its summit in the Netherlands next week from three days to just two and a half hours, the Financial Times reported on Thursday. The summit was scheduled for June 24-26 in the Hague, but sources familiar with the matter said the change was made to ensure that United States President Donald Trump "did not get bored and leave early.”

3 days to just 2½ hours! Just shows how busy this lot are, a complete and utter farce. When Trump left early last week they couldn't even make the roundup announcement at the end because trump hadn't sanctioned it.

Starmer will be disappointed he was banking on the three days to miss PMQ'S again.

What the fk do these so-called leaders actually do?

"The tory party had still been doing U-Turns throughout 14 years of being in power"

DT.

What the Fk would you know? You've never voted for anyone or anything in your life.

And with that admission, you have no voice.

Best stick to your bullish flag pattern or a triple bottom.

Just another sit on the fence socialist who doesn't want to be called out. Bit like Starmer really.

All eyes on the BoE, 1200 hrs tomorrow.

Labour has infiltrated a few supporters to the monetary policy committee to try and mitigate any unexpected and unwelcome decisions.

It may be labeled independent but labour being labour and their mantra to control most things they will do their best.

Like the last rate drop every man and his dog was wheeled out on as many platforms as possible to (in their minds) preach to the gullible how great labour were doing reducing mortgage rates etc, bla bla bla.

At least Trump was open about which way he wanted interest rates to go. But this lot of underhand lying two faced bas tard's are true to form, cunning and deceitful.

“Once again Starmer has pinched from Jenrick for policy. Not the first time…

Downing Street has now briefed that they will now suspend visas for countries that don’t co-operate on deportations. Not a new idea…

Co-conspirators may remember that Robert Jenrick proposed this policy along with the suspension of foreign aid last year. Catching up…

It comes after Downing Street pinched his proposals to cut foreign aid to fund defence increases and to sack Amanda Pritchard for presiding over falling productivity. Got to get the ideas from somewhere….

Last summer internal Labour sources said Jenrick’s analysis “could be most problematic for Labour.” Imitation is the sincerest form of flattery”

I have said all along they are clueless.

Time to resurrect Rwanda perhaps?

I just can't find any positive news from this amateur government .

Hehe.