Member Info for TheFarEnd

We have newly qualified graduates starting their first proper employment literally passing through all the time

It's very easy to suss them out if they're going to be any good or not, it only takes a couple of weeks.

It's a real baptism of fire for some of them.

The trouble is they think they know all the answers but have no common sense.

This showed up in Reeves first policy decision to withdraw the pensioners winter fuel allowance. This has done irreparable damage to the government and it's a decision they will live to regret.

Proactive Investors -

Britain needs £1 trillion of investment to stand any chance of growth recovering, claims a new report from a group of City heavyweights.

Titled ‘Capital Markets of Tomorrow’, the report urges extra spending across a range of sectors for a decade to enable the UK to catch up with other countries.

Led by former L&G boss Nigel Wilson, the think-tank says infrastructure such as water, energy and housing requires £100 billion a year, with a further £20 billion at least earmarked for venture capital.

“In the UK, we have world-class universities and the potential to create large technology-driven growth businesses in areas such as renewables, financial services, AI, Quantum Computing and Life Sciences,” said the report.”

Somehow I don't think that's possible under Starmer.

Words that soak into your ears are whispered, not yelled.

Think about it.

In a hilarious turn of events Germany is now proposing using asylum facilities built for Sunak’s Rwanda scheme to house migrants. That’s £318 million well spent…

Migration Commissioner Joachim Stamp says the EU should pursue third country processing in Rwanda thanks to the existing infrastructure. He points out: “We currently have no third country that has come forward, with the exception of Rwanda.”

CDU members have already visited Rwanda to advocate their concurrent proposals to process migrants offshore.

Well done Starmer for cancelling the Rwanda ‘gimmick’ plonker.

What a $hit show, it's getting worse by the day, you couldn't make it up. 🤣

“Most people wouldn't be able to afford to invest £25,000 a year in an ISA”

fleccy.

I agree, but when you're on the receiving end of a legacy or sold a property as I did, it's certainly a good place to park your money.

I was pleased when the ISA allowance was increased even though I thought at the time it was geared for the affluent amongst us.

But anyone who's saved over the years and has got a substantial amount out of HMRC’s ever widening grasp will be pleased now this money grabbing lot has the reins.

Oh! Almost forgot, how's that black hole list going STP?

Thought not.

“Don't write of the UK just yet”

I guess you mean like that downbeat Starmer speech. 😂

“slashing the CGT allowance to a pathetic £3K”

I agree, and I have now closed my trading account having moved most of it to my two stocks and shares ISA accounts.

Still pondering wether to take the 25% tax free from my SIPP.

Must get on, 9 o'clock and not a dish washed.

The UK ISA was an effort by the last government to try and create more interest/growth in the UK market.

That's history now. Starmer's downbeat speech in the rose garden at No 10 single handedly dissuaded peeps from further investment in the UK. The miserable git.

What a $hit show and YOU voted for them.

“The UK ISA has been scrapped by the government, reportedly, amid fears it would complicate the landscape for investors.”

It's too complicated for investors lol.

More like it's monies disappearing that we can't tax.

Expect the £20k ISA limit to be seriously reduced soon. October?

2tKier said today during PMQ’s that the withdrawal of the winter payment for pensioners was needed to stabilise the economy. Really!

It would appear that the pensioners have single handed saved the economy and a run on the pound.

We should all be grateful to them. Less than £1.5 billion, and the numpties believed him.

Fully costed and fully funded. What a $hit show.

‘They can't create wealth, just redistribute it.’

Today's offerings should redistribute some.

Re; 2 jag's.

It was Admiralty house in the Mall, Trafalgar Square end, above the arches.

He could look out one window and see Buckingham Palace whilst drinking fine wines. Then he could look out the other window watching the plebs circling Nelson's column whilst having a tom t it.

He was a typical staunch socialist who ended up in the house of lords.

Say no more, speaks volumes.

CPTPP edging nearer.

“The CONS will not be introducing anything for the next 4 years and 9 months”

Well let's see, the cons introduced this and it's coming to fruition in 3½ months.

After a 21-month negotiating period under the Tories the agreement will officially enter into force by 15th December 2024. Taking the value of the trading partnership from £9 trillion to £11 trillion.

An official 2023 report found CPTPP investment accounted for:

Over £240 billion in turnover in London, £35 billion in the South East and £18 billion in the East of England.

The creation of 26,000 jobs in 2021 and 2022.

75% of all employment in CPTPP-owned businesses was outside of London.

One in 50 jobs in the North East.

One in every 25 jobs in the manufacturing sector.

The deal will now come into force with each extra member in real time as they ratify. Remainers, including one sitting in Downing Street, will be heartbroken.

“Jeremy Corbyn and four other pro-Gaza Independent MPs have formed the ‘Independent Alliance’ Parliamentary group, making them the joint fifth biggest grouping in the Commons with the same “strength” as Reform and the DUP. The Corbynistas are turning up the heat in their crusade against Starmer…

Independent MPs Shockat Adam, Ayoub Khan, Adnan Hussain and Iqbal Mohamed join the former Labour leader to “hold the government to account” on issues closest to their hearts: winter fuel allowance, the two child benefit cap and ending arms to Israel. Unfortunately for Starmer, now the famous five are a Parliamentary group, they’ll be allotted more airtime at PMQs.”

Who'd have thought it. The rats are sinking this ship already lol.

“Thankfully the nation put the LABOUR party in charge”

Well A901, for someone who's been away, it didn't take you long to get back in your old ways.

In your own words….

Give it a rest man.

“Commons sniping has kicked off again this afternoon with Parliament’s return. It was Rayner’s turn first for oral questions on housing. The Tories had some choice words when it came to Labour reducing London’s housing targets and raising them elsewhere

This month it was revealed Sadiq Khan managed to build just 2% of his affordable housing target. At the same time the government has slashed London’s total target by 17,000 annually. Labour’s explanation: “We will ensure that we are pushing the mayor on a realistic, but achievable, target.” Does that mean the government’s view is that Khan’s own manifesto targets are unachievable…

Badenoch took a dig at Rayner on that line: “She attempts to explain why she’s reduced Sadiq Khan’ London targets and even more when she highlights that he’s consistently under-delivered but my question is: if other local leaders miss their new housing targets, will she reduce their targets too?”

Sounds like housing is going the same way as growth, and they're both going the same way as fully funded and fully costed.

“Sixty-two years ago today, a toolmaker and a nurse had a son who would go on to be Prime Minister. Though if Keir Starmer (62) was hoping for warm wishes from his inner circle, he would have been very disappointed. His spokesman has admitted that the PM’s entire top team forgot to wish him a happy birthday this morning, something his spokesman “feels really bad about”. With friends like these…

What could possibly be the reason for his team failing to say happy birthday to poor Starmer. Here are the top five most plausible answers:

“It’s probably because they expected him to U-turn on his birthdate too.”

A Westminster insider says: “They were waiting till 6 p.m. on a Friday to celebrate.”

Another adds: “They feared it would trigger another Tory Downing Street parties rant.”

One freedom-loving wonk says: “Probably because banning birthdays is next.”

One former Tory MP quips: “They didn’t want to remind him of the fact he’s in his least favourite age group of over-60s.”

Or, they simply don’t like him very much.”

Says it all really, especially when you're a miserable git.

Unless the government releases a detailed explanation of this so-called financial black hole 🕳️ I refuse to believe this arbitrary figure of £22 billion they have settled on.

So far it appears that most have just accepted it and resigned to increased taxes to pay for it.

It should not include the recent pay awards as they announced a £20 billion shortfall before the pay awards.

If you're an investor surely you would need some evidence of shortfalls instead of taking someone's word for it.

We know those on the left will believe anything this government tells them. The OBR haven't released any details about this discrepancy. For an organisation of budget responsibility their accuracy record or the modelling tools used for their forecasts are not very responsible.

They do acknowledge additional government spending in July with “higher-than-forecast

consumption spending by government

departments (£5.8 billion), which appears

related to strong growth in public sector pay”

They (the OBR) go on….

“Data on central government spending remain highly provisional at this time of year (so not that accurate). Nevertheless,

they indicate that departmental spending for 2024-25 could significantly exceed the March 2024

forecast. Due to this risk, on 29 July the OBR initiated a review of the preparation of our March

forecast for departmental spending, which will conclude in advance of our next forecast which is on

30 October.”

As I said I refuse to believe this £22 billion figure from the labour party and it appears that we won't know anything until the date of Reeves budget. By that time it will be too late.

Smoke and mirrors to try and justify the usual tax and spend from labour to further their false ideological beliefs.

In short we're all fkd.

This PM is so transparent, pandering to their paymasters.

If this carries on we'll be just like France.

Labour is set to impose the requirement on companies to allow “compressed working” when requested by employees. The “Plan to Make Work Pay” will work to prevent businesses to reject the demands where possible. Skills Minister Jacqui Smith said this morning that ministers “think that flexible working is actually good for productivity.” The evidence so far isn’t exactly inspiring.

The government has crafted the plans in “close consultation” with trade unions who are campaigning for a full four-day week across the public sector, too. Analysis from the TaxPayer’s Alliance of union proposals finds that they would cost a whopping £30 billion per year if applied. Around a 15% rise in productivity would be needed to counter that. There’s a long way to go on that one…

At the current rate ministers will “get round the table to reduce the working week” before Christmas. Civil Servants will be jumping with joy.

Fast tracking honours.

Starmer is giving out two tier gongs!

Government departments have been asked by Downing Street to urgently identify and put together honours nominations to reward “unity and defiance” to this month’s riots. Guido can reveal that Starmer has instructed civil servants to find “community leaders” who “made sure targeted groups felt safe” and members of the public who showed “community spirit.” Departments are also told to consider public sector workers who went “above and beyond” in their response to the unrest. The latest in the PM’s project to fill his “societal black hole.”

Extraordinarily, departments were only informed of this “urgent commission” yesterday with a deadline to submit nominator forms by… Friday 30th August. Permanent Secretaries will then take this weekend to submit finalised nominations by Monday 2nd September. Civil servants have been told that the process is on “extremely tight timescales” and that “Citations are not expected to be as detailed as usual, given the time frame.” Reducing the usual timeline for background checks for nominations.

This suggests the civil service is in a massive rush to get the list sorted in time for the upcoming New Year Honours. The usual selection process takes 12 to 18 months – this has been given 3 days. Hardly enough time to follow due process. One sceptical Westminster insider says: “Typical – Starmer has created a two-tier honours system, rushing it through for political advantage, the King could end up handing a gong to a wife-beater”.