Member Info for TheFarEnd

FTSE approaching 8000, I can't recall it doing that when the EU were your masters. (*!*) All time high this morning btw.

Unemployment close to record lows, 3.7%.

I wonder how long it will be before the numpties on here start complaining about all the green lines here this morning :-)) they don't seem to understand why.

"Energy prices skyrocketed and all the small/new players were shown to be incompetent and needed government bailouts costing the government billions."
The majority of losses were passed on and mopped up by the 'big six' which obviously was passed on to the consumer. It's the customer that pays in the end.

If you identify a UFO then it becomes a FO, unless it has landed then it's simply an O.
Unless you shoot it down then it's just rubbish.

Don't get your knickers in a twist up there, there's no oops about it Gazzleberry. Unlike wee Jimmy krankie he knows the benefits of brexit and btw he also knows what a woman is.
"Rishi Sunak voted to leave the EU, and has almost always voted for pro-Brexit policies in Parliament, including voting to leave without a withdrawal agreement in April 2019."

I was sitting on the toilet reading your reply Machiismo and thought,
I haven't got time for this s h I t.

Mach.
Just another illusion you have fallen for machiismo, if you believe that taxing millionaires and Billionaires more is the answer to the national debt the current strikes and giving it to the feckless then you are dumber than I thought.
As for, "you are nowhere near the tip of the iceberg, you won't be affected" just another example of the left, unlike you socialist we know our place and where we stand in society. We're content to get on with our lives, plan and provide and live a decent life. We don't continue to bellyache about what we would like or haven't got. If it's unobtainable we'll either try harder or accept it, and not expect the wealthy to provide for us.
We are under no illusions and are not envious of success.
However Labour's record of taking/taxing doesn't stop at your super rich. Already there are mutterings about stopping the 25% tax free lump sum from your pension, a favourite of the left. I'm sure you remember Gordon Brown's raid on all our pensions which has cost the hardworking hundreds of £billions but in reality didn't affect the poor or the rich.
It's a fact of life, there is always going to be rich and poor and you or Starmer ain't gonna change that however you tax them.
Without the rich the tax take would plummet. No one is safe under the socialists, especially the likes of investors on here.
If labour are elected, the likes of you and lefty supporters on this forum will disappear and a whole new generation will be educated to the pitfalls of the left and away we go again, the Tories picking up the pieces.
Sorry for the delayed response but there are a few who are trying to advance their lives instead of waiting for handouts. :-))
Have a nice day Machiismo I'm off down the juicer and yes goodies I'll be there until well after 2 o'clock.
Cheers.

We need to fairly tax those that have the broadest shoulders (out of existence), then you build up from the bottom.
Yup, that's the way to do it Machiismo. Tax the wealth creators out of existence and give it to the poor, a socialist dream, result, misery, except for the champagne socialist's.
Labour has no idea how to create wealth, only distribute it, whilst keeping a good bit for themselves.
It's an illusion and the likes of you have fallen for it.
Sucker.

All options covered here, a bit like falky, they could go up or down but we don't know when. Don't know why they bother, but I guess they have to say something when being questioned.
It's a bit like Machiismo when brexit is mentioned, he has to say something, even if it's something that doesn't make much sense.

Bank of England Monetary Policy Committee member Silvana Tenreyro said today, speaking to the Treasury Select Committee, that "where things stand right now, I would see myself considering a (rate) cut."
Nevertheless, she added that she is unsure "at which meeting I would vote for this." Tenreyro underlined that BoE's interest rates "are too high right now," stating that only one-fifth of interest rate hikes have "fed through (to the UK) and the rest is still to come."

BoE chief economist Huw Pill commented that there is a "danger of over-steering rates," since there are lags in transmission. However, he also emphasised that the central bank should be prepared to see through monetary policy tightening, as possible upside risks to inflation must be addressed.

Credit Suisse falls over 10% after earnings report, biggest loss since 2008.
Wealth management, I'll do it myself thanks.

nomlungu
#1 What's wrong with an organisation that's dedicated to paying less tax? Some would say it's right leaning bwtfdik.
#2 They didn't mention anything about which staff, they only mentioned that almost 2000 working hours of staffers’ time was spent on “events and lectures.” It may have been a guesstimate regarding numbers attended but the actual events were probably real and in the public domain.
#3 Agreed, the NHS is understaffed but all this diversity s h i t e is getting out of hand. Admittedly nothing to do with the present troubles, but the NHS is no slouch at hiring diversity managers, see above, they have to earn their money and justify their jobs somehow.

Btw, my post was a bit tongue-in-cheek in reply to yet another remoaner spouting off about that £350 million per week.

"Croydon Council to raise council tax 15% after bankruptcy."
Could this be a taste of future devolution?
It appears that devolution is 'in vogue' at present with powers being distributed more and more to various bodies throughout the country. You only have to look at the way these bodies have made losses trying different money making schemes. Take investing monies in the likes of Icelandic banks or trying to be their own energy distribution company.
Now you have individual mayor's/council's raising money from motorists under the guise of clean air. There's no free movement here if you own a car.
When the locals are the ones bailing them out, the term devolution takes on a whole different meaning. Amateurs!
It's a bit like when companies make losses the shareholders suffer but if the government makes a boo boo or world events change and the market suffers, usually the suffering isn't noticed…..as much.

Never mind the £350 million per week that's been paid and then some.
But I expect you'll be pleased to know that they are getting genned up on all things LGBTQIA....

"As NHS staff across the country grind the health service to a halt with strike action, the TaxPayers’ Alliance (TPA) has uncovered some of the fun activities they’ll likely be missing out on as they hit the picket lines. According to new data, almost 2000 working hours of staffers’ time at the East Suffolk and North Essex NHS Foundation Trust – which will today be afflicted by strikes – was spent on “events and lectures” between April-December 2022.
Presumably all life-saving work on health and nutrition, you’d like to think.
It turns out these trusts had better ideas. Of the fifteen events, four celebrated Black History Month, six focused on LGBTQIA Awareness sessions, and two were full-day conferences celebrating National Nurses Day and the Allied Health Professionals.

The fifteen events lasted a cumulative 65 and a half hours, with at least 305 staff in attendance. The six LGBTQIA Awareness sessions alone lasted a minimum of 4 hours, according to the TPA.
Bear that in mind the next time a family member waits half a day to be seen in A&E…"

No champagne in Spoons Brix and no Creme De Cassis (had to look that up), apparently there's not much call for it.

"The pro-Brexit pub chain boss has decided to scrap European wines in favour of British and New World brands. Now, non-European sparkling will replace champagne and prosecco in all Wetherspoon pubs."

"In the words of John McEnroe............YOU CANNOT BE SERIOUS!"
hardup, you didn't copy the :-))

Walkersworld….. prat, I'm serious.

Another good effort last night goodies, with some excellent topics mentioned, I'm surprised they don't get debated further!!!
:-))

Wayzgoose, be careful where you park your funds. I'm sure you're aware they took surplus monies over £100k in every bank a/c, the precedent has already been set in Cyprus. The ruskies may be leaving in droves perhaps they know something, a lot of em got fleeced last time.
Just saying. :-)

"Most people have a standard tax-free personal allowance of £12,570 per year. This is the amount you can receive in earnings, pensions and other forms of taxable income before any tax is due.
A 'tax code' is a way of telling your employer or pension provider how much tax to deduct at source before paying your wages or pensions.
In a simple case where you have one company pension and no other taxable income, your pension scheme will be issued with a tax code which leads them to subtract one twelfth of your £12,570 allowance from your monthly pension and deduct income tax on what is left.

Where you have two sources of taxable income – for example, a state pension and a company pension, things get a bit more complicated.
What happens in practice is that HMRC look first at your state pension. To keep things simple, we will for now assume that you receive state pension for the full financial year.
In most cases, the amount of state pension people get will be lower than their personal allowance. So the practice is for state pensions to be paid in full (without deduction of tax), but for your tax code to be reduced by the amount of your state pension.
What is left is your unused tax allowance. This residual figure is then turned into a tax code which is sent to your company pension scheme and they then deduct income tax on anything above your residual personal allowance."

The pension triple lock guarantee was suspended in the current 2022/23 tax year and became a double lock instead.

The highest figure between inflation, wage growth and 2.5% was wage growth in September 2021, when the following tax years increase is calculated.

However, due to the number of people coming off furlough and returning to work, the government argued that wage growth figure of 8% was artificially high.

Under the furlough scheme, people were receiving just a proportion of their salary but as this was phased out, their pay increased back to normal. This distorted the overall earnings figure.

So the rise instead was to be chosen between the CPI rate of inflation in the year to September 2021, which was 3.1% or the fixed 2.5%.

This meant that the state pension increased by 3.1% at the start of this tax year in April 2022.