UK Politics Thread 🇬🇧
- Thread starter Kitsch
- Start date
No lies told. The Tories asleep at the wheel while the country burns. I expect riots.
DrBanneker
Space is the Place
So it looks like Kwasi Kwarteng will be tapped as chancellor of the exchequer if Liz wins. UK brehs are you proud?
I got a bad feeling about this. When the UK economy, pound, and gov't finances hit the wall, they can blame the negro holding the wheel.
I got a bad feeling about this. When the UK economy, pound, and gov't finances hit the wall, they can blame the negro holding the wheel.
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the last chancellor with a significantly undhindered tenure was who? gordon brown (which was a long time ago). and even then in retrspect some will accuse him of inflating the credit bubble and selling gold cheaply.
the UK economy has endured signigicant headwinds for well over a decade now and the man who has to balance the books in the face of high public expectancy is going to be on a hiding to nothing.
and that's before you get on to the long standing issues of low economic and productivity growth, north/south divide and the domination of the city of london. gordon brown's relatively good performance being seen in retrospect as infuenced by a govt and personal credit splurge.
rishi had covid.
javid had brexit.
hammond had austerity.
osbourne had financial crisis, city regulation (fat cats) and austerity.
darling had the "great recession" of 2008.
gordon brown "iron chancellor" ... until things turned towards the end ...
foreign minister, home secretary or deputy PM might be safer seats. get the witch out of there
So it looks like Kwasi Kwarteng will be tapped as chancellor of the exchequer if Liz wins. UK brehs are you proud?
I got a bad feeling about this. When the UK economy, pound, and gov't finances hit the wall, they can blame the negro holding the wheel.
the last chancellor with a significantly undhindered tenure was who? gordon brown (which was a long time ago). and even then in retrspect some will accuse him of inflating the credit bubble and selling gold cheaply.
the UK economy has endured signigicant headwinds for well over a decade now and the man who has to balance the books in the face of high public expectancy is going to be on a hiding to nothing.
and that's before you get on to the long standing issues of low economic and productivity growth, north/south divide and the domination of the city of london. gordon brown's relatively good performance being seen in retrospect as infuenced by a govt and personal credit splurge.
Gordon Brown admits 'big mistake' over banking crisis
Gordon Brown admits he made a "big mistake" over the handling of financial regulation in the run-up to the UK's banking crisis of 2008.
www.bbc.com
rishi had covid.
javid had brexit.
hammond had austerity.
osbourne had financial crisis, city regulation (fat cats) and austerity.
darling had the "great recession" of 2008.
gordon brown "iron chancellor" ... until things turned towards the end ...
foreign minister, home secretary or deputy PM might be safer seats. get the witch out of there
88m3
Fast Money & Foreign Objects
UK police asking officers to disclose any personal ties with news reporters
Freedom of speech groups raise over clampdown, which only came to light by accident
www.theguardian.com
@Heimdall
"left" or "right" the problem is that the UK is a low skills, low wage, low productivity economy.
i don't see any politicians really addressing the issues behind this.
and low productivity has been an issue in the UK for decades.
a rising tide raises all boats. a falling tide lowers living standards for everyone.
First, sorry
Not only am I terrible at replying, I pretty much avoided political news after that first poor excuse of a Conservative leader's debate
and returned to lurking, until ~a week agoForgive me...
And they're still talking about tax cuts?
But I think you raise a good point. I don't think productivity enters the public discourse very often (maybe I just missed when it has been covered!) and there has been even less discussion about possible solutions...
Perhaps the Britannia Unchained group have come the closest to addressing the issues (in their own way), though I find their solutions unconvincing.
I suppose ideas such as the Northern Powerhouse and Levelling Up would help to improve productivity beyond London, if they were anything more than slogans
There was also the ERDF, but I think that's over now: United Kingdom - ERDF EnglandThe FT video was nice. Sclerotic housing market
(I genuinely hadn't considered its effect on productivity, but it must certainly make moving around more difficult these days...) She also mentioned under-investment in infrastructure... I think under-investment - in various things: infrastructure, R&D, skills/retraining (especially in former industrial towns), new methods/technology to actually increase output... - is a pretty major factor.I found this via an ONS page when I was trying to find out how productivity is actually measured:
Even business investment here is struggling - maybe not because "the private sector has tended to prefer dividend payouts and share buy-backs to higher spending on new kit" as this article asserts (though it's possible) - though this article goes into more detail, and it seems like uncertainty is a big thing (the real Brexit dividend?)
I wonder if it is more difficult for the UK to improve its productivity significantly due to it being a service-oriented economy,
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First, sorry
Not only am I terrible at replying, I pretty much avoided political news after that first poor excuse of a Conservative leader's debate
Forgive me...
you're busy. things to watch. bridges to guard.
And they're still talking about tax cuts?They really don't have anything else, do they?
But I think you raise a good point. I don't think productivity enters the public discourse very often (maybe I just missed when it has been covered!) and there has been even less discussion about possible solutions...
yup. for all the talk they never actually take the time to break that down for the "great british public" and explain what they have to do to fix it.
Perhaps the Britannia Unchained group have come the closest to addressing the issues (in their own way), though I find their solutions unconvincing.
I suppose ideas such as the Northern Powerhouse and Levelling Up would help to improve productivity beyond London, if they were anything more than slogans
The FT video was nice. Sclerotic housing market
I found this via an ONS page when I was trying to find out how productivity is actually measured:
Even business investment here is struggling - maybe not because "the private sector has tended to prefer dividend payouts and share buy-backs to higher spending on new kit" as this article asserts (though it's possible) - though this article goes into more detail, and it seems like uncertainty is a big thing (the real Brexit dividend?)
the USA has better produtivity growth and it has a service economy.
factors including capital investement, adoption of technology, skills and training, management, working culture, utilisation of human capital, resources, trade, inward investment.
the USA has a similar low skills section of society but the US is light years ahead of the UK when it comes to utilisation of technology and management science to make full use of that portion of society.
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in the UK we are skeptical and untrusting of formal qualifications and management science. reverse snobbery from the masses.
european footballers routinely study before or while playing football.
meanwhile in the uk:
"Le Saux took an Environmental Studies degree at Kingston University before dropping out to concentrate on his football career. His interest in learning never left him, however, and as a player he was often derided for reading The Guardian and visiting museums in his spare time.[19]"
Sensitive Christian Grey
The Fisher King
Maybe not politics but
Low End Derrick
Veteran
Over-50s turn to house-shares to beat rising rents
One flat-sharing website says it has seen a 239% increase in older people seeking shared accommodation.www.bbc.com
Disturbing
TBF, a lot of their over-50s voted for the Brexit/Tory mess in the first place.
ADevilYouKhow
Rhyme Reason
New UK prime minister to face staff walk out on first day in office, union says — Reuters
Staff working at Britain's business and energy department building will begin a strike on the same day as the country's new prime minister is named next week, the public service trade union said on Thursday.
apple.news
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you mean the current govt? or do you mean any (all) of them have done nothing for you?
ADevilYouKhow
Rhyme Reason
TBF, a lot of their over-50s voted for the Brexit/Tory mess in the first place.
Sure but the one’s that didn’t and whose to say things will ever improve at this rate?
The Tory party are literally villains you could’ve pulled out of dikkens novel
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DrBanneker
Space is the Place
Nkrumah Was Right
Superstar
.
the last chancellor with a significantly undhindered tenure was who? gordon brown (which was a long time ago). and even then in retrspect some will accuse him of inflating the credit bubble and selling gold cheaply.
the UK economy has endured signigicant headwinds for well over a decade now and the man who has to balance the books in the face of high public expectancy is going to be on a hiding to nothing.
and that's before you get on to the long standing issues of low economic and productivity growth, north/south divide and the domination of the city of london. gordon brown's relatively good performance being seen in retrospect as infuenced by a govt and personal credit splurge.
Gordon Brown admits 'big mistake' over banking crisis
Gordon Brown admits he made a "big mistake" over the handling of financial regulation in the run-up to the UK's banking crisis of 2008.www.bbc.com
rishi had covid.
javid had brexit.
hammond had austerity.
osbourne had financial crisis, city regulation (fat cats) and austerity.
darling had the "great recession" of 2008.
gordon brown "iron chancellor" ... until things turned towards the end ...
foreign minister, home secretary or deputy PM might be safer seats. get the witch out of there
Kwarteng is weird. I wish neoliberal POC in Britain would just stick to making money in the City than embarrassing themselves with the Tories.